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Rent by ZIP · Dakota County

Rent in Lakeville, MN 55044

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,170 (-0.5% vs FY2026). Renters in this ZIP code pay a median $1,826 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,580$1,5800%$1,422–1,738$1,951 ±$338
1 bedroom$1,790$1,7900%$1,611–1,969$1,340 ±$154
2 bedrooms$2,170$2,180-0.5%$1,953–2,387$1,769 ±$100
3 bedrooms$2,830$2,890-2.1%$2,547–3,113$2,094 ±$178
4 bedrooms$3,180$3,230-1.5%$2,862–3,498$2,571 ±$1,002

Small Area FMRs for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, 2 bedrooms: $1,734.

What renters pay in 55044

Median gross rent$1,826±$109 · all sizes
Renter households2,68612% of occupied homes
No cash rent112households

How rents are spread

Under $1,00014%
$1,000–1,49916%
$1,500–1,99931%
$2,000–2,49925%
$2,500–2,9994%
$3,000–3,4996%
$3,500+4%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55043Lakeland$1,880$1,719
55045Lindstrom$1,540$1,053
55042Lake Elmo$1,810–
55046Lonsdale$1,410$983
55041Lake City$1,180$862
55047Marine On Saint Croix$2,600–

Fair Market Rents across Dakota County, MN · All MN counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.