Fair Market Rent · Minnesota
Fair Market Rent in Ramsey County, MN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Ramsey County is $1,734 a month, +1.5% from FY2026. Ramsey County is part of the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,265 | $1,242 | +1.9% | $1,138–1,392 |
| 1 bedroom | $1,427 | $1,405 | +1.6% | $1,284–1,570 |
| 2 bedrooms | $1,734 | $1,709 | +1.5% | $1,561–1,907 |
| 3 bedrooms | $2,264 | $2,262 | +0.1% | $2,038–2,490 |
| 4 bedrooms | $2,538 | $2,531 | +0.3% | $2,284–2,792 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Ramsey County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 55101 | Saint Paul | $1,980 | $2,062 | $1,511 |
| 55102 | Saint Paul | $1,740 | $1,658 | $1,319 |
| 55103 | Saint Paul | $1,540 | $1,263 | $1,054 |
| 55104 | Saint Paul | $1,590 | $1,372 | $1,199 |
| 55105 | Saint Paul | $1,660 | $1,635 | $1,288 |
| 55106 | Saint Paul | $1,540 | $1,271 | $1,261 |
| 55107 | Saint Paul | $1,670 | $1,392 | $1,371 |
| 55108 | Saint Paul | $1,730 | $1,534 | $1,348 |
| 55109 | Saint Paul | $1,640 | $1,382 | $1,369 |
| 55110 | Saint Paul | $1,830 | $1,667 | $1,554 |
| 55112 | Saint Paul | $1,630 | $1,412 | $1,372 |
| 55113 | Saint Paul | $1,760 | $1,492 | $1,383 |
| 55114 | Saint Paul | $1,950 | $1,776 | $1,524 |
| 55116 | Saint Paul | $1,770 | $1,448 | $1,318 |
| 55117 | Saint Paul | $1,540 | $1,256 | $1,194 |
| 55119 | Saint Paul | $1,630 | $1,522 | $1,393 |
| 55126 | Saint Paul | $1,910 | $1,754 | $1,678 |
| 55127 | Saint Paul | $2,000 | $1,816 | $1,826 |
| 55130 | Saint Paul | $1,540 | $1,345 | $1,183 |
| 55155 | Saint Paul | $1,600 | – | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.