Rent by ZIP · Hennepin County
Rent in Excelsior, MN 55331
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,540 (+1.3% vs FY2026). Renters in this ZIP code pay a median $1,217 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,120 | $1,100 | +1.8% | $1,008–1,232 | $950 ±$24 |
| 1 bedroom | $1,270 | $1,250 | +1.6% | $1,143–1,397 | $1,135 ±$21 |
| 2 bedrooms | $1,540 | $1,520 | +1.3% | $1,386–1,694 | $1,355 ±$77 |
| 3 bedrooms | $2,040 | $2,020 | +1% | $1,836–2,244 | $2,302 ±$298 |
| 4 bedrooms | $2,280 | $2,270 | +0.4% | $2,052–2,508 | $3,500+ |
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 55331
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 |
|---|---|---|---|
| 55330 | Elk River | $1,670 | $1,240 |
| 55332 | Fairfax | $1,090 | $427 |
| 55329 | Eden Valley | $1,090 | $883 |
| 55333 | Franklin | $1,170 | $445 |
| 55328 | Delano | $1,540 | $1,028 |
| 55334 | Gaylord | $1,060 | $820 |
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.