Rent by ZIP · Dakota County
Rent in Saint Paul, MN 55123
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,920 (+1.1% vs FY2026). Renters in this ZIP code pay a median $1,654 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,400 | $1,380 | +1.4% | $1,260–1,540 | $1,278 ±$481 |
| 1 bedroom | $1,580 | $1,560 | +1.3% | $1,422–1,738 | $1,446 ±$69 |
| 2 bedrooms | $1,920 | $1,900 | +1.1% | $1,728–2,112 | $1,717 ±$68 |
| 3 bedrooms | $2,510 | $2,510 | 0% | $2,259–2,761 | $1,865 ±$143 |
| 4 bedrooms | $2,810 | $2,810 | 0% | $2,529–3,091 | $2,326 ±$226 |
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 55123
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 |
|---|---|---|---|
| 55122 | Saint Paul | $1,840 | $1,589 |
| 55124 | Saint Paul | $2,040 | $1,793 |
| 55121 | Saint Paul | $1,960 | $1,829 |
| 55125 | Saint Paul | $2,220 | $1,847 |
| 55120 | Saint Paul | $1,870 | $1,643 |
| 55126 | Saint Paul | $1,910 | $1,754 |
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.