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Rent by ZIP ·

Rent in Minneapolis, MN 55487

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,790.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,310–$1,179–1,441–
1 bedroom$1,470–$1,323–1,617–
2 bedrooms$1,790–$1,611–1,969–
3 bedrooms$2,340–$2,106–2,574–
4 bedrooms$2,620–$2,358–2,882–

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.

The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55455Minneapolis$1,560–
55454Minneapolis$1,540$1,215
55449Minneapolis$2,100$1,706
55448Minneapolis$2,070$1,701
55447Minneapolis$2,040$1,760
55446Minneapolis$2,290$2,187

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.