55369
ZIPSAFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,580$1,720
1 BR$1,790$1,820
2 BR$2,180$2,220
3 BR$2,890$2,750
4 BR$3,230$2,850
5 BR$3,714
6 BR$4,272
7 BR$4,912
8 BR$5,649

Purchase Price Calculator

Maximum purchase price
$267,975

Cost breakdown

+Likely effective rent$2,220
HUD FMR$2,180
Market rent$2,240
Est. payment standard (102%)Used$2,220
Estimated payment standard is $2,220 (102% of FMR).
-Principal and interest-$1,355
Loan amount$214,380
Down payment$53,595
Rate6.50%
Term30 years
-Operating costs-$665
Property taxes-$268
Insurance-$175
Utilities$0
HOA$0
Management-$222
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$35,485(66.2% ROI)
Projected value
$288,579
Current value$267,975
Return breakdown
Property appreciation+$20,605
Loan principal paid down+$7,681
Rental cash flow+$7,200
5-year hold
+$60,911(113.7% ROI)
Projected value
$303,189
Current value$267,975
Return breakdown
Property appreciation+$35,214
Loan principal paid down+$13,697
Rental cash flow+$12,000
10-year hold
+$131,692(245.7% ROI)
Projected value
$343,030
Current value$267,975
Return breakdown
Property appreciation+$75,056
Loan principal paid down+$32,637
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.88ratio
FMR$1,580
Market$1,800
vs market-$220

FMR is below market; voucher rent may lag private rents.

90% standard$1,422 / 0.79 ratio110% standard$1,738 / 0.97 ratio
0.88
1 BR
1 BR
0.98ratio
FMR$1,790
Market$1,830
vs market-$40

FMR is near market; voucher and private rents are aligned.

90% standard$1,611 / 0.88 ratio110% standard$1,969 / 1.08 ratio
0.98
2 BR
2 BR
0.97ratio
FMR$2,180
Market$2,240
vs market-$60

FMR is near market; voucher and private rents are aligned.

90% standard$1,962 / 0.88 ratio110% standard$2,398 / 1.07 ratio
0.97
3 BR
3 BR
1.05ratio
FMR$2,890
Market$2,750
vs market+$140

FMR is near market; voucher and private rents are aligned.

90% standard$2,601 / 0.95 ratio110% standard$3,179 / 1.16 ratio
1.05
4 BR
4 BR
1.13ratio
FMR$3,230
Market$2,850
vs market+$380

FMR is above market; underwrite to market rent.

90% standard$2,907 / 1.02 ratio110% standard$3,553 / 1.25 ratio
1.13
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 55369 (MN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

55369 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 55369 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,180 and the 4 bedroom fair market rent is $3,230.

Use this page for searches like 55369 FMR, 55369 fair market rent, and 55369 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 55369
Bedroom sizeHUD FMR
Studio$1,580
1 bedroom$1,790
2 bedroom$2,180
3 bedroom$2,890
4 bedroom$3,230