55439
ZIPSAFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,430$1,430
1 BR$1,620$1,570
2 BR$1,970$1,940
3 BR$2,610$2,610
4 BR$2,920$2,920
5 BR$3,358
6 BR$3,862
7 BR$4,441
8 BR$5,107

Market Alignment

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

Studio
Studio
0.99ratio
FMR$1,430
Market$1,450
vs market-$20

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

0.99
1 BR
1 BR
1.03ratio
FMR$1,620
Market$1,570
vs market+$50

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

1.03
2 BR
2 BR
1.02ratio
FMR$1,970
Market$1,940
vs market+$30

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

1.02
3 BR
3 BR
0.98ratio
FMR$2,610
Market$2,660
vs market-$50

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

0.98
4 BR
4 BR
0.95ratio
FMR$2,920
Market$3,070
vs market-$150

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

0.95
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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
$230,825
Rent
$1,970
Down payment
$46,165
Loan
$184,660
Mortgage
$1,167
Expenses
$603
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 55439 (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.