Income Limits by County

FY2027 Small Area FMR · Marine On Saint Croix, MN

ZIP 55047 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55047 (Marine On Saint Croix, MN) is $2,600 a month, up 1.6% from FY2026. That is 50% above the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$2,600per month ▲ 1.6%
Area-wide 2 BR FMR$1,734Minneapolis-St. Paul-Bloomin
Rank in the area1stof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,340
2 BR Small Area FMR$2,600
110% of SAFMR$2,860

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

FY2027 FY2026

Where 55047 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

$1,540$2,600median $1,665

Of the 246 ZIP codes HUD lists for the area, 55047 has the 1st highest two-bedroom Small Area FMR. Minneapolis-St. Paul-Bloomington, MN-WI 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 $1,734 for two bedrooms; an agency that opts in to Small Area FMRs would use $2,600 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,900$1,710 – $2,090$1,265$1,860
1 bedroom$2,140$1,926 – $2,354$1,427$2,100
2 bedrooms$2,600$2,340 – $2,860$1,734$2,560
3 bedrooms$3,390$3,051 – $3,729$2,264$3,390
4 bedrooms$3,810$3,429 – $4,191$2,538$3,790

A household renting a two-bedroom home at the Small Area FMR of $2,600 needs about $104,000 a year to keep housing costs at 30% of income. The area median family income is $131,500 and the 80% low-income limit for four people is $105,200. ZIP code 55047 lies mainly in Washington County. See the Minneapolis-St. Paul-Bloomington, MN-WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
55073Scandia5.0 mi$1,540
54025Somerset7.9 mi$1,540
55038Hugo8.0 mi$2,140
55082Stillwater8.8 mi$1,700
54082Houlton9.7 mi$1,570
54020Osceola10.1 mi$1,540

Questions

What is the Fair Market Rent for ZIP code 55047?

HUD's FY2027 Small Area Fair Market Rents for 55047 are $1,900 (studio), $2,140 (1 BR), $2,600 (2 BR), $3,390 (3 BR) and $3,810 (4 BR) a month.

What is the Section 8 payment standard in 55047?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55047 that range is $2,340 to $2,860 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55047?

The FY2026 income limits of the Minneapolis-St. Paul-Bloomington, MN-WI area apply: median family income $131,500, low-income (80%) limit $105,200 for a family of four.