FY2027 Small Area FMR · Saint Paul Park, MN

ZIP 55071 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55071 (Saint Paul Park, MN) is $2,450 a month, up 5.2% from FY2026. That is 41% above the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$2,450per month ▲ 5.2%

Area-wide 2 BR FMR$1,734Minneapolis-St. Paul-Bloomin

Rank in the area6thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$2,205

2 BR Small Area FMR$2,450

110% of SAFMR$2,695

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

Studio$1,790▲ 5.9%

1 BR$2,020▲ 5.2%

2 BR$2,450▲ 5.2%

3 BR$3,200▲ 3.9%

4 BR$3,590▲ 4.1%

FY2027 FY2026

Where 55071 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55071 has the 6th 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 $2,450 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	$1,790	$1,611 – $1,969	$1,265	$1,690
1 bedroom	$2,020	$1,818 – $2,222	$1,427	$1,920
2 bedrooms	$2,450	$2,205 – $2,695	$1,734	$2,330
3 bedrooms	$3,200	$2,880 – $3,520	$2,264	$3,080
4 bedrooms	$3,590	$3,231 – $3,949	$2,538	$3,450

A household renting a two-bedroom home at the Small Area FMR of $2,450 needs about $98,000 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 55071 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

ZIP	Place	Distance	2 BR SAFMR
55076	Inver Grove Heights	1.9 mi	$1,650
55016	Cottage Grove	3.1 mi	$2,080
55077	Inver Grove Heights	3.3 mi	$1,800
55055	Newport	3.7 mi	$1,540
55075	South Saint Paul	5.0 mi	$1,540
55129	Saint Paul	6.7 mi	$2,310

Questions

What is the Fair Market Rent for ZIP code 55071?

HUD's FY2027 Small Area Fair Market Rents for 55071 are $1,790 (studio), $2,020 (1 BR), $2,450 (2 BR), $3,200 (3 BR) and $3,590 (4 BR) a month.

What is the Section 8 payment standard in 55071?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55071 that range is $2,205 to $2,695 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55071?

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.