55812
ZIPSAFMR
St. Louis County, MN
BRFMR
Eff. Rent
0 BR$1,030$920
1 BR$1,180$1,180
2 BR$1,490$1,490
3 BR$2,040$1,880
4 BR$2,500$2,270
5 BR$2,875
6 BR$3,306
7 BR$3,802
8 BR$4,373

Market Alignment

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

Studio
Studio
1.12ratio
FMR$1,030
Market$920
vs market+$110

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.12
1 BR
1 BR
0.84ratio
FMR$1,180
Market$1,400
vs market-$220

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

0.84
2 BR
2 BR
0.91ratio
FMR$1,490
Market$1,640
vs market-$150

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

0.91
3 BR
3 BR
1.09ratio
FMR$2,040
Market$1,880
vs market+$160

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

1.09
4 BR
4 BR
1.10ratio
FMR$2,500
Market$2,270
vs market+$230

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.10
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$159,497
Rent
$1,490
Down payment
$31,899
Loan
$127,598
Mortgage
$807
Expenses
$483
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 55812 (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.