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Rent by ZIP · Carver County

Rent in Young America, MN 55397

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 $1,058 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,120$1,100+1.8%$1,008–1,232–
1 bedroom$1,270$1,250+1.6%$1,143–1,397–
2 bedrooms$1,540$1,520+1.3%$1,386–1,694$876 ±$241
3 bedrooms$2,040$2,020+1%$1,836–2,244–
4 bedrooms$2,280$2,270+0.4%$2,052–2,508–

Small Area FMRs for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. 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 55397

Median gross rent$1,058±$241 · all sizes
Renter households20717% of occupied homes
No cash rent6households

How rents are spread

Under $1,00037%
$1,000–1,49957%
$1,500–1,9995%
$2,000–2,4990%
$2,500–2,9991%
$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
55396Winthrop$1,010$867
55398Zimmerman$1,580$1,136
55395Winsted$1,540$839
55391Wayzata$1,960$1,823
55390Waverly$1,540$733
55389Watkins$1,090$879

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.