Rent by ZIP · Hennepin County
Rent in Minneapolis, MN 55413
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,950 (+6.6% vs FY2026). Renters in this ZIP code pay a median $1,605 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,420 | $1,330 | +6.8% | $1,278–1,562 | $1,232 ±$304 |
| 1 bedroom | $1,600 | $1,500 | +6.7% | $1,440–1,760 | $1,179 ±$154 |
| 2 bedrooms | $1,950 | $1,830 | +6.6% | $1,755–2,145 | $1,809 ±$72 |
| 3 bedrooms | $2,550 | $2,420 | +5.4% | $2,295–2,805 | $2,059 ±$269 |
| 4 bedrooms | $2,850 | $2,710 | +5.2% | $2,565–3,135 | $2,865 ±$329 |
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 55413
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 |
|---|---|---|---|
| 55412 | Minneapolis | $1,770 | $1,288 |
| 55414 | Minneapolis | $1,700 | $1,524 |
| 55411 | Minneapolis | $1,690 | $1,523 |
| 55415 | Minneapolis | $2,400 | $3,031 |
| 55410 | Minneapolis | $2,040 | $1,904 |
| 55416 | Minneapolis | $2,280 | $2,049 |
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.