Rent by ZIP · Olmsted County
Rent in Rochester, MN 55902
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,740 (+3% vs FY2026). Renters in this ZIP code pay a median $1,703 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,450 | $1,340 | +8.2% | $1,305–1,595 | – |
| 1 bedroom | $1,500 | $1,430 | +4.9% | $1,350–1,650 | $1,560 ±$102 |
| 2 bedrooms | $1,740 | $1,690 | +3% | $1,566–1,914 | $1,877 ±$193 |
| 3 bedrooms | $2,410 | $2,350 | +2.6% | $2,169–2,651 | $2,200 ±$215 |
| 4 bedrooms | $2,910 | $2,840 | +2.5% | $2,619–3,201 | $2,079 ±$372 |
Small Area FMRs for the Rochester, MN 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 Rochester, MN HUD Metro FMR Area, 2 bedrooms: $1,422.
What renters pay in 55902
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 |
|---|---|---|---|
| 55901 | Rochester | $1,470 | $1,368 |
| 55904 | Rochester | $1,410 | $1,321 |
| 55906 | Rochester | $1,270 | $1,072 |
| 55909 | Adams | $1,010 | – |
| 55910 | Altura | $1,450 | $619 |
| 55912 | Austin | $1,100 | $938 |
Fair Market Rents across Olmsted 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.