55479
ZIPSAFMR
Hennepin County, MN
BRFMR
Eff. Rent
0 BR$1,290$1,380
1 BR$1,450$1,520
2 BR$1,770$1,860
3 BR$2,340$2,290
4 BR$2,620$2,810
5 BR$3,013
6 BR$3,465
7 BR$3,985
8 BR$4,582

Purchase Price Calculator

Maximum purchase price
$214,479

Cost breakdown

+Likely effective rent$1,860
HUD FMR$1,770
Market rent$1,910
Est. payment standard (105%)Used$1,860
Estimated payment standard is $1,860 (105% of FMR).
-Principal and interest-$1,085
Loan amount$171,583
Down payment$42,896
Rate6.50%
Term30 years
-Operating costs-$575
Property taxes-$214
Insurance-$175
Utilities$0
HOA$0
Management-$186
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$29,839(69.6% ROI)
Projected value
$230,970
Current value$214,479
Return breakdown
Property appreciation+$16,491
Loan principal paid down+$6,147
Rental cash flow+$7,200
5-year hold
+$51,147(119.2% ROI)
Projected value
$242,663
Current value$214,479
Return breakdown
Property appreciation+$28,184
Loan principal paid down+$10,962
Rental cash flow+$12,000
10-year hold
+$110,194(256.9% ROI)
Projected value
$274,551
Current value$214,479
Return breakdown
Property appreciation+$60,072
Loan principal paid down+$26,122
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
0.90ratio
FMR$1,290
Market$1,430
vs market-$140

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

90% standard$1,161 / 0.81 ratio110% standard$1,419 / 0.99 ratio
0.90
1 BR
1 BR
0.93ratio
FMR$1,450
Market$1,560
vs market-$110

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

90% standard$1,305 / 0.84 ratio110% standard$1,595 / 1.02 ratio
0.93
2 BR
2 BR
0.93ratio
FMR$1,770
Market$1,910
vs market-$140

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

90% standard$1,593 / 0.83 ratio110% standard$1,947 / 1.02 ratio
0.93
3 BR
3 BR
1.02ratio
FMR$2,340
Market$2,290
vs market+$50

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

90% standard$2,106 / 0.92 ratio110% standard$2,574 / 1.12 ratio
1.02
4 BR
4 BR
0.90ratio
FMR$2,620
Market$2,910
vs market-$290

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

90% standard$2,358 / 0.81 ratio110% standard$2,882 / 0.99 ratio
0.90
0.700.800.901.001.101.201.30aligned range

Voucher rents are well-aligned with market rents across all bedroom 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 55479 (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.

55479 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 55479 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,770 and the 4 bedroom fair market rent is $2,620.

Use this page for searches like 55479 FMR, 55479 fair market rent, and 55479 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 55479
Bedroom sizeHUD FMR
Studio$1,290
1 bedroom$1,450
2 bedroom$1,770
3 bedroom$2,340
4 bedroom$2,620