Rent by ZIP · Dakota County
Rent in Saint Paul, MN 55121
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,960 (+4.3% vs FY2026). Renters in this ZIP code pay a median $1,723 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,430 | $1,370 | +4.4% | $1,287–1,573 | $1,595 ±$242 |
| 1 bedroom | $1,610 | $1,550 | +3.9% | $1,449–1,771 | $1,409 ±$121 |
| 2 bedrooms | $1,960 | $1,880 | +4.3% | $1,764–2,156 | $1,829 ±$58 |
| 3 bedrooms | $2,560 | $2,490 | +2.8% | $2,304–2,816 | $2,086 ±$875 |
| 4 bedrooms | $2,870 | $2,780 | +3.2% | $2,583–3,157 | – |
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 55121
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 |
|---|---|---|---|
| 55120 | Saint Paul | $1,870 | $1,643 |
| 55122 | Saint Paul | $1,840 | $1,589 |
| 55119 | Saint Paul | $1,630 | $1,522 |
| 55123 | Saint Paul | $1,920 | $1,717 |
| 55118 | Saint Paul | $1,620 | $1,478 |
| 55124 | Saint Paul | $2,040 | $1,793 |
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.