FMR is below market; voucher rent may lag private rents.
0.60
1 BR
1 BR
0.71ratio
FMR$1,230
Market$1,740
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.71
2 BR
2 BR
0.77ratio
FMR$1,540
Market$2,010
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR
0.86ratio
FMR$2,130
Market$2,490
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR
1.02ratio
FMR$2,570
Market$2,530
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.02
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 55814 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 55814 (St. Louis County, MN) is $1,540 a month. That is down 1.9% from $1,570 in FY 2026. St. Louis County 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, 55814 is tied for the 7th-highest two-bedroom rent (county range $1,110–$1,810). The median county two-bedroom FMR in Minnesota is $1,048, so ZIP 55814 is 47% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 55814
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,080
$1,070
−0.9%
$963–$1,177
1BR
$1,250
$1,230
−1.6%
$1,107–$1,353
2BR
$1,570
$1,540
−1.9%
$1,386–$1,694
3BR
$2,150
$2,130
−0.9%
$1,917–$2,343
4BR
$2,630
$2,570
−2.3%
$2,313–$2,827
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 55814
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,070
$1,230
$1,540
$2,130
$2,570
FY 2026
$1,080
$1,250
$1,570
$2,150
$2,630
FY 2025
$990
$1,130
$1,440
$1,940
$2,420
FY 2024
$990
$1,130
$1,450
$1,930
$2,460
FY 2023
$810
$840
$1,090
$1,440
$1,790
Two-bedroom rent in nearby St. Louis County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 55814?
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 $1,540 it would be $1,386 to $1,694. 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 55814 in?
ZIP 55814 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 55814 for FY 2027?
The two-bedroom FMR fell 1.9%, from $1,570 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 41.3%.
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