FY2027 Small Area FMR · Saint Paul, MN

ZIP 55107 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55107 (Saint Paul, MN) is $1,670 a month, up 4.4% from FY2026. That is 4% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,670per month ▲ 4.4%

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

Rank in the area121stof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,503

2 BR Small Area FMR$1,670

110% of SAFMR$1,837

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

Studio$1,220▲ 5.2%

1 BR$1,370▲ 3.8%

2 BR$1,670▲ 4.4%

3 BR$2,180▲ 2.8%

4 BR$2,440▲ 3.0%

FY2027 FY2026

Where 55107 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55107 has the 121st 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 $1,670 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	$1,220	$1,098 – $1,342	$1,265	$1,160
1 bedroom	$1,370	$1,233 – $1,507	$1,427	$1,320
2 bedrooms	$1,670	$1,503 – $1,837	$1,734	$1,600
3 bedrooms	$2,180	$1,962 – $2,398	$2,264	$2,120
4 bedrooms	$2,440	$2,196 – $2,684	$2,538	$2,370

A household renting a two-bedroom home at the Small Area FMR of $1,670 needs about $66,800 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 55107 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
55101	Saint Paul	1.5 mi	$1,980
55155	Saint Paul	1.7 mi	$1,600
55102	Saint Paul	2.1 mi	$1,740
55106	Saint Paul	2.7 mi	$1,540
55118	Saint Paul	2.8 mi	$1,620
55130	Saint Paul	2.9 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 55107?

HUD's FY2027 Small Area Fair Market Rents for 55107 are $1,220 (studio), $1,370 (1 BR), $1,670 (2 BR), $2,180 (3 BR) and $2,440 (4 BR) a month.

What is the Section 8 payment standard in 55107?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55107 that range is $1,503 to $1,837 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55107?

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.