FeaturesUse casesHow it worksPricingGuidesFAQAboutContactPro dashboardCheck a rent

Rent by ZIP · Hennepin County

Rent in Hamel, MN 55340

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,880 (-7.8% vs FY2026). Renters in this ZIP code pay a median $1,452 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,370$1,480-7.4%$1,233–1,507–
1 bedroom$1,540$1,670-7.8%$1,386–1,694–
2 bedrooms$1,880$2,040-7.8%$1,692–2,068$1,369 ±$58
3 bedrooms$2,450$2,710-9.6%$2,205–2,695–
4 bedrooms$2,750$3,040-9.5%$2,475–3,025–

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 55340

Median gross rent$1,452±$930 · all sizes
Renter households2698% of occupied homes
No cash rent67households

How rents are spread

Under $1,0000%
$1,000–1,49960%
$1,500–1,9990%
$2,000–2,49931%
$2,500–2,9999%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55339Hamburg$1,540$972
55341Hanover$1,560$1,192
55338Green Isle$1,540–
55342Hector$1,150$1,102
55337Burnsville$1,870$1,602
55343Hopkins$1,890$1,701

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.