55467
ZIPFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,242$1,242
1 BR$1,405$1,405
2 BR$1,709$1,709
3 BR$2,262$2,262
4 BR$2,531$2,531
5 BR$2,911
6 BR$3,347
7 BR$3,849
8 BR$4,427

Market Alignment

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

Studio
Studio
0.84ratio
FMR$1,242
Market$1,480
vs market-$238

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
1 BR
1 BR
0.79ratio
FMR$1,405
Market$1,770
vs market-$365

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.79
2 BR
2 BR
0.70ratio
FMR$1,709
Market$2,440
vs market-$731

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.70
3 BR
3 BR
0.68ratio
FMR$2,262
Market$3,330
vs market-$1,068

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.68
4 BR
4 BR
0.71ratio
FMR$2,531
Market$3,560
vs market-$1,029

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.71
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for 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
$192,040
Rent
$1,709
Down payment
$38,408
Loan
$153,632
Mortgage
$971
Expenses
$538
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 55467 (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 FMR 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.