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Rent by ZIP · Hennepin County

Rent in Champlin, MN 55316

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,950 (+2.1% vs FY2026). Renters in this ZIP code pay a median $1,689 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,420$1,390+2.2%$1,278–1,562–
1 bedroom$1,600$1,570+1.9%$1,440–1,760$1,302 ±$88
2 bedrooms$1,950$1,910+2.1%$1,755–2,145$1,754 ±$120
3 bedrooms$2,550$2,530+0.8%$2,295–2,805$1,915 ±$251
4 bedrooms$2,850$2,830+0.7%$2,565–3,135$2,181 ±$356

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 55316

Median gross rent$1,689±$136 · all sizes
Renter households1,02612% of occupied homes
No cash rent11households

How rents are spread

Under $1,00010%
$1,000–1,49927%
$1,500–1,99936%
$2,000–2,49919%
$2,500–2,9997%
$3,000–3,4991%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55315Carver$1,730–
55317Chanhassen$2,140$1,792
55314Buffalo Lake$1,010$875
55318Chaska$1,790$1,632
55313Buffalo$1,540$1,213
55319Clear Lake$1,540$1,036

Fair Market Rents across Hennepin 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.