Rent by ZIP · Dakota County
Rent in Saint Paul, MN 55124
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,040 (+4.1% vs FY2026). Renters in this ZIP code pay a median $1,736 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,490 | $1,420 | +4.9% | $1,341–1,639 | $1,323 ±$190 |
| 1 bedroom | $1,680 | $1,610 | +4.3% | $1,512–1,848 | $1,567 ±$109 |
| 2 bedrooms | $2,040 | $1,960 | +4.1% | $1,836–2,244 | $1,793 ±$75 |
| 3 bedrooms | $2,660 | $2,590 | +2.7% | $2,394–2,926 | $1,810 ±$220 |
| 4 bedrooms | $2,990 | $2,900 | +3.1% | $2,691–3,289 | $2,375 ±$253 |
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 55124
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 |
|---|---|---|---|
| 55123 | Saint Paul | $1,920 | $1,717 |
| 55125 | Saint Paul | $2,220 | $1,847 |
| 55122 | Saint Paul | $1,840 | $1,589 |
| 55126 | Saint Paul | $1,910 | $1,754 |
| 55121 | Saint Paul | $1,960 | $1,829 |
| 55127 | Saint Paul | $2,000 | $1,816 |
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.