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Rent by ZIP · Hennepin County

Rent in Minneapolis, MN 55442

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,200 (+3.3% vs FY2026). Renters in this ZIP code pay a median $1,939 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,610$1,550+3.9%$1,449–1,771$1,879 ±$394
1 bedroom$1,810$1,750+3.4%$1,629–1,991$1,637 ±$195
2 bedrooms$2,200$2,130+3.3%$1,980–2,420$2,108 ±$106
3 bedrooms$2,870$2,820+1.8%$2,583–3,157$2,109 ±$567
4 bedrooms$3,220$3,150+2.2%$2,898–3,542–

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 55442

Median gross rent$1,939±$160 · all sizes
Renter households1,10220% of occupied homes
No cash rent38households

How rents are spread

Under $1,0003%
$1,000–1,49917%
$1,500–1,99934%
$2,000–2,49939%
$2,500–2,9995%
$3,000–3,4991%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55441Minneapolis$1,890$1,745
55443Minneapolis$1,570$1,520
55444Minneapolis$1,740–
55439Minneapolis$1,990$1,644
55445Minneapolis$2,500$2,338
55438Minneapolis$1,870$1,707

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.