Rent by ZIP · Scott County
Rent in Elko New Market, MN 55054
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,530 (+1.6% vs FY2026). Renters in this ZIP code pay a median $2,200 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,850 | $1,810 | +2.2% | $1,665–2,035 | – |
| 1 bedroom | $2,080 | $2,050 | +1.5% | $1,872–2,288 | – |
| 2 bedrooms | $2,530 | $2,490 | +1.6% | $2,277–2,783 | – |
| 3 bedrooms | $3,300 | $3,300 | 0% | $2,970–3,630 | – |
| 4 bedrooms | $3,700 | $3,690 | +0.3% | $3,330–4,070 | – |
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 55054
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 55053 | Nerstrand | $1,580 | $1,292 |
| 55055 | Newport | $1,540 | $1,188 |
| 55052 | Morristown | $1,290 | $750 |
| 55056 | North Branch | $1,540 | $1,131 |
| 55051 | Mora | $1,020 | $810 |
| 55057 | Northfield | $1,540 | $1,171 |
Fair Market Rents across Scott 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.