FY2027 Small Area FMR · Dundas, MN

ZIP 55019 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55019 (Dundas, MN) is $1,760 a month, up 12.1% from FY2026. That is 44% above the Rice County, MN area-wide FMR of $1,226.

2-bedroom SAFMR$1,760per month ▲ 12.1%

Area-wide 2 BR FMR$1,226Rice County, MN

Rank in the area2ndof 17 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,584

2 BR Small Area FMR$1,760

110% of SAFMR$1,936

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,340▲ 12.6%

1 BR$1,350▲ 12.5%

2 BR$1,760▲ 12.1%

3 BR$2,330▲ 14.8%

4 BR$2,940▲ 11.8%

FY2027 FY2026

Where 55019 sits in the Rice County, MN area

Of the 17 ZIP codes HUD lists for the area, 55019 has the 2nd highest two-bedroom Small Area FMR. Rice County, MN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,226 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,760 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,340	$1,206 – $1,474	$931	$1,190
1 bedroom	$1,350	$1,215 – $1,485	$937	$1,200
2 bedrooms	$1,760	$1,584 – $1,936	$1,226	$1,570
3 bedrooms	$2,330	$2,097 – $2,563	$1,621	$2,030
4 bedrooms	$2,940	$2,646 – $3,234	$2,049	$2,630

A household renting a two-bedroom home at the Small Area FMR of $1,760 needs about $70,400 a year to keep housing costs at 30% of income. The area median family income is $108,400 and the 80% low-income limit for four people is $86,700. ZIP code 55019 lies mainly in Rice County. See the Rice County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
55057	Northfield	5.0 mi	$1,540
55021	Faribault	8.4 mi	$1,240
55046	Lonsdale	8.8 mi	$1,410
55088	Webster	9.8 mi	$1,540
55053	Nerstrand	10.5 mi	$1,580
55054	Elko New Market	11.6 mi	$2,530

Questions

What is the Fair Market Rent for ZIP code 55019?

HUD's FY2027 Small Area Fair Market Rents for 55019 are $1,340 (studio), $1,350 (1 BR), $1,760 (2 BR), $2,330 (3 BR) and $2,940 (4 BR) a month.

What is the Section 8 payment standard in 55019?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55019 that range is $1,584 to $1,936 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55019?

The FY2026 income limits of the Rice County, MN area apply: median family income $108,400, low-income (80%) limit $86,700 for a family of four.