Rent by ZIP · Hennepin County
Rent in Minnetonka, MN 55345
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,910 (-0.5% vs FY2026). Renters in this ZIP code pay a median $1,446 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,390 | $1,400 | -0.7% | $1,251–1,529 | $1,446 ±$333 |
| 1 bedroom | $1,570 | $1,580 | -0.6% | $1,413–1,727 | $1,288 ±$756 |
| 2 bedrooms | $1,910 | $1,920 | -0.5% | $1,719–2,101 | $1,858 ±$164 |
| 3 bedrooms | $2,490 | $2,540 | -2% | $2,241–2,739 | $2,142 ±$139 |
| 4 bedrooms | $2,800 | $2,840 | -1.4% | $2,520–3,080 | – |
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 55345
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 |
|---|---|---|---|
| 55344 | Eden Prairie | $2,130 | $1,836 |
| 55346 | Eden Prairie | $2,270 | $1,748 |
| 55343 | Hopkins | $1,890 | $1,701 |
| 55347 | Eden Prairie | $2,390 | $1,854 |
| 55342 | Hector | $1,150 | $1,102 |
| 55341 | Hanover | $1,560 | $1,192 |
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.