FY2027 Small Area FMR · Saint Paul, MN

ZIP 55112 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55112 (Saint Paul, MN) is $1,630 a month, up 3.8% from FY2026. That is 6% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,630per month ▲ 3.8%

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

Rank in the area131stof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,467

2 BR Small Area FMR$1,630

110% of SAFMR$1,793

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

Studio$1,190▲ 4.4%

1 BR$1,340▲ 3.9%

2 BR$1,630▲ 3.8%

3 BR$2,130▲ 2.4%

4 BR$2,390▲ 2.6%

FY2027 FY2026

Where 55112 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55112 has the 131st 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 $1,630 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	$1,190	$1,071 – $1,309	$1,265	$1,140
1 bedroom	$1,340	$1,206 – $1,474	$1,427	$1,290
2 bedrooms	$1,630	$1,467 – $1,793	$1,734	$1,570
3 bedrooms	$2,130	$1,917 – $2,343	$2,264	$2,080
4 bedrooms	$2,390	$2,151 – $2,629	$2,538	$2,330

A household renting a two-bedroom home at the Small Area FMR of $1,630 needs about $65,200 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 55112 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
55126	Saint Paul	2.9 mi	$1,910
55432	Minneapolis	3.2 mi	$1,600
55421	Minneapolis	3.6 mi	$1,610
55418	Minneapolis	4.8 mi	$1,850
55113	Saint Paul	5.1 mi	$1,760
55430	Minneapolis	5.4 mi	$1,660

Questions

What is the Fair Market Rent for ZIP code 55112?

HUD's FY2027 Small Area Fair Market Rents for 55112 are $1,190 (studio), $1,340 (1 BR), $1,630 (2 BR), $2,130 (3 BR) and $2,390 (4 BR) a month.

What is the Section 8 payment standard in 55112?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55112 that range is $1,467 to $1,793 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55112?

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.