Rent by ZIP · Hennepin County
Rent in Minneapolis, MN 55415
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,400 (-4% vs FY2026). Renters in this ZIP code pay a median $1,870 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,750 | $1,820 | -3.8% | $1,575–1,925 | $1,522 ±$251 |
| 1 bedroom | $1,980 | $2,050 | -3.4% | $1,782–2,178 | $1,958 ±$342 |
| 2 bedrooms | $2,400 | $2,500 | -4% | $2,160–2,640 | $3,031 ±$380 |
| 3 bedrooms | $3,130 | $3,310 | -5.4% | $2,817–3,443 | – |
| 4 bedrooms | $3,510 | $3,700 | -5.1% | $3,159–3,861 | – |
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 55415
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 |
|---|---|---|---|
| 55414 | Minneapolis | $1,700 | $1,524 |
| 55416 | Minneapolis | $2,280 | $2,049 |
| 55413 | Minneapolis | $1,950 | $1,809 |
| 55417 | Minneapolis | $1,720 | $1,643 |
| 55412 | Minneapolis | $1,770 | $1,288 |
| 55418 | Minneapolis | $1,850 | $1,657 |
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.