55410
ZIPSAFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,440$1,440
1 BR$1,630$1,630
2 BR$1,980
3 BR$2,620$2,320
4 BR$2,930$2,930
5 BR$3,369
6 BR$3,875
7 BR$4,456
8 BR$5,125

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.99ratio
FMR$1,440
Market$1,450
vs market-$10

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.99
1 BR
1 BR
0.91ratio
FMR$1,630
Market$1,790
vs market-$160

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.91
3 BR
3 BR
1.13ratio
FMR$2,620
Market$2,320
vs market+$300

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.13
4 BR
4 BR
0.99ratio
FMR$2,930
Market$2,960
vs market-$30

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.99
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$232,311
Rent
$1,980
Down payment
$46,462
Loan
$185,849
Mortgage
$1,175
Expenses
$605
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 55410 (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.