Rent by ZIP · Anoka County
Rent in Minneapolis, MN 55434
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,100 (+1.9% vs FY2026). Renters in this ZIP code pay a median $1,733 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,530 | $1,500 | +2% | $1,377–1,683 | $1,103 ±$543 |
| 1 bedroom | $1,730 | $1,690 | +2.4% | $1,557–1,903 | $1,359 ±$54 |
| 2 bedrooms | $2,100 | $2,060 | +1.9% | $1,890–2,310 | $1,878 ±$222 |
| 3 bedrooms | $2,740 | $2,730 | +0.4% | $2,466–3,014 | $1,863 ±$255 |
| 4 bedrooms | $3,070 | $3,050 | +0.7% | $2,763–3,377 | $2,204 ±$848 |
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 55434
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 |
|---|---|---|---|
| 55433 | Minneapolis | $1,710 | $1,493 |
| 55435 | Minneapolis | $2,130 | $2,021 |
| 55432 | Minneapolis | $1,600 | $1,435 |
| 55436 | Minneapolis | $2,180 | $1,921 |
| 55431 | Minneapolis | $2,090 | $1,842 |
| 55437 | Minneapolis | $1,940 | $1,763 |
Fair Market Rents across Anoka 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.