Fair Market Rent in Scott County, MN

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,265studio

$1,4271 bedroom

$1,7342 bedrooms

$2,2643 bedrooms

$2,5384 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Scott County is $1,734 a month, +1.5% from FY2026. Scott 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 Scott 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
55020	Elko New Market	$2,150	–	–
55054	Elko New Market	$2,530	–	$2,200
55352	Jordan	$1,540	$1,218	$1,224
55372	Prior Lake	$1,750	$1,430	$1,494
55378	Savage	$2,030	$1,769	$1,766
55379	Shakopee	$1,890	$1,668	$1,568
56011	Belle Plaine	$1,610	$1,350	$1,360

Check a rent All of Minnesota

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.