Rent by ZIP · Hennepin County
Rent in Minneapolis, MN 55411
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,690 (+4.3% vs FY2026). Renters in this ZIP code pay a median $1,226 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,230 | $1,180 | +4.2% | $1,107–1,353 | $388 ±$43 |
| 1 bedroom | $1,390 | $1,330 | +4.5% | $1,251–1,529 | $784 ±$511 |
| 2 bedrooms | $1,690 | $1,620 | +4.3% | $1,521–1,859 | $1,523 ±$354 |
| 3 bedrooms | $2,210 | $2,140 | +3.3% | $1,989–2,431 | $1,631 ±$166 |
| 4 bedrooms | $2,470 | $2,400 | +2.9% | $2,223–2,717 | $1,970 ±$309 |
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 55411
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 |
|---|---|---|---|
| 55410 | Minneapolis | $2,040 | $1,904 |
| 55412 | Minneapolis | $1,770 | $1,288 |
| 55409 | Minneapolis | $1,650 | $1,632 |
| 55413 | Minneapolis | $1,950 | $1,809 |
| 55408 | Minneapolis | $1,980 | $1,735 |
| 55414 | Minneapolis | $1,700 | $1,524 |
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.