Skip to main content
Loading page
St. Louis County/Esko/55733

55733

ZIPSAFMR
St. Louis County, MN
Zillow

ZIP Investment Score

45Below average

095130300
BRFMR
Eff. Rent
0 BR$1,110$890
1 BR$1,270$1,140
2 BR$1,590$1,270
3 BR$2,200$1,360
4 BR$2,660$1,340
5 BR$3,059Not available
6 BR$3,518Not available
7 BR$4,046Not available
8 BR$4,652Not available

Purchase Price Calculator

Maximum purchase price
$126,805

Cost breakdown

+Likely effective rent$1,270
HUD FMR$1,590
Market rentUsed$1,270
Est. payment standard (90%)$1,430
-Principal and interest-$641
Loan amount$101,444
Down payment$25,361
Rate6.50%
Term30 years
-Operating costs-$429
Property taxes-$127
Insurance-$175
Utilities$0
HOA$0
Management-$127
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,585(81.2% ROI)
Projected value
$136,555
Return breakdown
Property appreciation+$9,750
Loan principal paid down+$3,634
Rental cash flow+$7,200
5-year hold
+$35,144(138.6% ROI)
Projected value
$143,468
Return breakdown
Property appreciation+$16,663
Loan principal paid down+$6,481
Rental cash flow+$12,000
10-year hold
+$74,960(295.6% ROI)
Projected value
$162,321
Return breakdown
Property appreciation+$35,516
Loan principal paid down+$15,444
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.25
1 BR
1.11
2 BR
1.25
3 BR
1.62
4 BR
1.99
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 55733 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 55733 (Esko, MN) is $1,590 a month. That is down 8.6% from $1,740 in FY 2026. Esko is in the Duluth, MN-WI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,207. Among 52 ZIP codes in St. Louis County, 55733 has the 6th-highest two-bedroom rent (county range $1,110–$1,810). The median county two-bedroom FMR in Minnesota is $1,048, so ZIP 55733 is 52% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 55733
BedroomsFY 2027Change90–110% range
Studio$1,110−7.5%$999–$1,221
1BR$1,270−8.0%$1,143–$1,397
2BR$1,590−8.6%$1,431–$1,749
3BR$2,200−7.6%$1,980–$2,420
4BR$2,660−8.9%$2,394–$2,926

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 55733
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,110$1,270$1,590$2,200$2,660
FY 2026$1,200$1,380$1,740$2,380$2,920
FY 2025$1,100$1,270$1,610$2,170$2,700
FY 2024$990$1,120$1,440$1,920$2,440
FY 2023$960$1,030$1,340$1,770$2,210

Two-bedroom rent in nearby St. Louis County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 55733
55720$1,220−23.3%
55723$1,110−30.2%
55724$1,230−22.6%
55725$1,110−30.2%
55731$1,150−27.7%
55732$1,110−30.2%
55733Current$1,590—
55734$1,110−30.2%
55736$1,110−30.2%
55738$1,110−30.2%
55741$1,110−30.2%
55746$1,110−30.2%

Questions about ZIP 55733 rents

How much will Section 8 pay for a two-bedroom in ZIP 55733?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,207, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,086 to $1,328 a month; under the ZIP-level Small Area FMR of $1,590 it would be $1,431 to $1,749. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 55733 in?

ZIP 55733 is in the Duluth, MN-WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,207.

How much did fair market rent change in ZIP 55733 for FY 2027?

The two-bedroom FMR fell 8.6%, from $1,740 in FY 2026 to $1,590 in FY 2027. Since FY 2023 it has risen 18.7%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentEsko, MN fair market rentMN statewide rentsWhat is SAFMR?Data sources