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Rent by ZIP · Hennepin County

Rent in Minneapolis, MN 55441

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,890 (+1.6% vs FY2026). Renters in this ZIP code pay a median $1,637 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,380$1,350+2.2%$1,242–1,518$1,346 ±$148
1 bedroom$1,560$1,530+2%$1,404–1,716$1,428 ±$98
2 bedrooms$1,890$1,860+1.6%$1,701–2,079$1,745 ±$66
3 bedrooms$2,470$2,460+0.4%$2,223–2,717$2,114 ±$154
4 bedrooms$2,770$2,750+0.7%$2,493–3,047$2,045 ±$383

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 55441

Median gross rent$1,637±$66 · all sizes
Renter households3,17040% of occupied homes
No cash rent30households

How rents are spread

Under $1,0004%
$1,000–1,49935%
$1,500–1,99941%
$2,000–2,49915%
$2,500–2,9991%
$3,000–3,4990%
$3,500+3%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55442Minneapolis$2,200$2,108
55439Minneapolis$1,990$1,644
55443Minneapolis$1,570$1,520
55438Minneapolis$1,870$1,707
55444Minneapolis$1,740–
55437Minneapolis$1,940$1,763

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.