Rent by ZIP · Carver County
Rent in Waconia, MN 55387
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,670 (+2.5% vs FY2026). Renters in this ZIP code pay a median $1,330 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,220 | $1,180 | +3.4% | $1,098–1,342 | $1,090 ±$251 |
| 1 bedroom | $1,370 | $1,340 | +2.2% | $1,233–1,507 | $1,039 ±$144 |
| 2 bedrooms | $1,670 | $1,630 | +2.5% | $1,503–1,837 | $1,476 ±$466 |
| 3 bedrooms | $2,180 | $2,160 | +0.9% | $1,962–2,398 | $1,570 ±$311 |
| 4 bedrooms | $2,440 | $2,410 | +1.2% | $2,196–2,684 | – |
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 55387
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 |
|---|---|---|---|
| 55386 | Victoria | $2,600 | $1,273 |
| 55388 | Watertown | $1,540 | $979 |
| 55385 | Stewart | $1,010 | $763 |
| 55389 | Watkins | $1,090 | $879 |
| 55384 | Spring Park | $1,540 | $1,510 |
| 55390 | Waverly | $1,540 | $733 |
Fair Market Rents across Carver 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.