Rent by ZIP · Dakota County
Rent in Saint Paul, MN 55120
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,870 (+23% vs FY2026). Renters in this ZIP code pay a median $1,628 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,360 | $1,100 | +23.6% | $1,224–1,496 | – |
| 1 bedroom | $1,540 | $1,250 | +23.2% | $1,386–1,694 | $1,711 ±$90 |
| 2 bedrooms | $1,870 | $1,520 | +23% | $1,683–2,057 | $1,643 ±$285 |
| 3 bedrooms | $2,440 | $2,020 | +20.8% | $2,196–2,684 | $1,139 ±$54 |
| 4 bedrooms | $2,740 | $2,270 | +20.7% | $2,466–3,014 | – |
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 55120
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 |
|---|---|---|---|
| 55119 | Saint Paul | $1,630 | $1,522 |
| 55121 | Saint Paul | $1,960 | $1,829 |
| 55118 | Saint Paul | $1,620 | $1,478 |
| 55122 | Saint Paul | $1,840 | $1,589 |
| 55117 | Saint Paul | $1,540 | $1,256 |
| 55123 | Saint Paul | $1,920 | $1,717 |
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.