55437
ZIPSAFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,410$1,300
1 BR$1,590$1,360
2 BR$1,940$1,800
3 BR$2,570$2,260
4 BR$2,870$2,720
5 BR$3,300
6 BR$3,796
7 BR$4,365
8 BR$5,020

Purchase Price Calculator

Maximum purchase price
$205,563

Cost breakdown

+Likely effective rent$1,800
HUD FMR$1,940
Market rentUsed$1,800
Est. payment standard (95%)$1,850
Market rent is below the inferred standard ($1,850, 95% of FMR).
-Principal and interest-$1,039
Loan amount$164,450
Down payment$41,113
Rate6.50%
Term30 years
-Operating costs-$561
Property taxes-$206
Insurance-$175
Utilities$0
HOA$0
Management-$180
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,898(70.3% ROI)
Projected value
$221,369
Current value$205,563
Return breakdown
Property appreciation+$15,806
Loan principal paid down+$5,892
Rental cash flow+$7,200
5-year hold
+$49,519(120.4% ROI)
Projected value
$232,575
Current value$205,563
Return breakdown
Property appreciation+$27,013
Loan principal paid down+$10,507
Rental cash flow+$12,000
10-year hold
+$106,611(259.3% ROI)
Projected value
$263,138
Current value$205,563
Return breakdown
Property appreciation+$57,575
Loan principal paid down+$25,036
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
1.08ratio
FMR$1,410
Market$1,300
vs market+$110

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

90% standard$1,269 / 0.98 ratio110% standard$1,551 / 1.19 ratio
1.08
1 BR
1 BR
1.17ratio
FMR$1,590
Market$1,360
vs market+$230

FMR is above market; underwrite to market rent.

90% standard$1,431 / 1.05 ratio110% standard$1,749 / 1.29 ratio
1.17
2 BR
2 BR
1.08ratio
FMR$1,940
Market$1,800
vs market+$140

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

90% standard$1,746 / 0.97 ratio110% standard$2,134 / 1.19 ratio
1.08
3 BR
3 BR
1.14ratio
FMR$2,570
Market$2,260
vs market+$310

FMR is above market; underwrite to market rent.

90% standard$2,313 / 1.02 ratio110% standard$2,827 / 1.25 ratio
1.14
4 BR
4 BR
1.06ratio
FMR$2,870
Market$2,720
vs market+$150

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

90% standard$2,583 / 0.95 ratio110% standard$3,157 / 1.16 ratio
1.06
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 55437 (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.

55437 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 55437 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,940 and the 4 bedroom fair market rent is $2,870.

Use this page for searches like 55437 FMR, 55437 fair market rent, and 55437 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 55437
Bedroom sizeHUD FMR
Studio$1,410
1 bedroom$1,590
2 bedroom$1,940
3 bedroom$2,570
4 bedroom$2,870