FY2027 Small Area FMR · Saint Paul, MN

ZIP 55155 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55155 (Saint Paul, MN) is $1,600 a month, up 1.3% from FY2026. That is 8% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,600per month ▲ 1.3%

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

Rank in the area140thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,440

2 BR Small Area FMR$1,600

110% of SAFMR$1,760

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

Studio$1,170▲ 1.7%

1 BR$1,320▲ 1.5%

2 BR$1,600▲ 1.3%

3 BR$2,090■ 0.0%

4 BR$2,340■ 0.0%

FY2027 FY2026

Where 55155 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55155 has the 140th 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 $1,600 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	$1,170	$1,053 – $1,287	$1,265	$1,150
1 bedroom	$1,320	$1,188 – $1,452	$1,427	$1,300
2 bedrooms	$1,600	$1,440 – $1,760	$1,734	$1,580
3 bedrooms	$2,090	$1,881 – $2,299	$2,264	$2,090
4 bedrooms	$2,340	$2,106 – $2,574	$2,538	$2,340

A household renting a two-bedroom home at the Small Area FMR of $1,600 needs about $64,000 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 55155 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	0.5 mi	$1,980
55130	Saint Paul	1.2 mi	$1,540
55106	Saint Paul	1.7 mi	$1,540
55107	Saint Paul	1.7 mi	$1,670
55103	Saint Paul	2.0 mi	$1,540
55102	Saint Paul	2.5 mi	$1,740

Questions

What is the Fair Market Rent for ZIP code 55155?

HUD's FY2027 Small Area Fair Market Rents for 55155 are $1,170 (studio), $1,320 (1 BR), $1,600 (2 BR), $2,090 (3 BR) and $2,340 (4 BR) a month.

What is the Section 8 payment standard in 55155?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55155 that range is $1,440 to $1,760 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55155?

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.