FY2027 Small Area FMR · Saint Paul, MN

ZIP 55101 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55101 (Saint Paul, MN) is $1,980 a month, down 2.9% from FY2026. That is 14% above the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,980per month ▼ 2.9%

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

Rank in the area46thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,782

2 BR Small Area FMR$1,980

110% of SAFMR$2,178

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

Studio$1,440▼ 2.7%

1 BR$1,630▼ 3.0%

2 BR$1,980▼ 2.9%

3 BR$2,590▼ 4.1%

4 BR$2,900▼ 4.0%

FY2027 FY2026

Where 55101 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55101 has the 46th 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 $1,980 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	$1,440	$1,296 – $1,584	$1,265	$1,480
1 bedroom	$1,630	$1,467 – $1,793	$1,427	$1,680
2 bedrooms	$1,980	$1,782 – $2,178	$1,734	$2,040
3 bedrooms	$2,590	$2,331 – $2,849	$2,264	$2,700
4 bedrooms	$2,900	$2,610 – $3,190	$2,538	$3,020

A household renting a two-bedroom home at the Small Area FMR of $1,980 needs about $79,200 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 55101 lies mainly in Ramsey 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
55155	Saint Paul	0.5 mi	$1,600
55107	Saint Paul	1.5 mi	$1,670
55130	Saint Paul	1.6 mi	$1,540
55103	Saint Paul	1.8 mi	$1,540
55102	Saint Paul	2.0 mi	$1,740
55106	Saint Paul	2.2 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 55101?

HUD's FY2027 Small Area Fair Market Rents for 55101 are $1,440 (studio), $1,630 (1 BR), $1,980 (2 BR), $2,590 (3 BR) and $2,900 (4 BR) a month.

What is the Section 8 payment standard in 55101?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55101 that range is $1,782 to $2,178 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55101?

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.