FY2027 Small Area FMR · Hamburg, MN

ZIP 55339 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55339 (Hamburg, MN) is $1,540 a month, up 1.3% from FY2026. That is 11% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,540per month ▲ 1.3%

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

Rank in the area158thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,120▲ 1.8%

1 BR$1,270▲ 1.6%

2 BR$1,540▲ 1.3%

3 BR$2,040▲ 1.0%

4 BR$2,280▲ 0.4%

FY2027 FY2026

Where 55339 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55339 has the 158th 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 $1,540 for this ZIP code instead.

ZIP code 55339 crosses more than one HUD area. HUD also lists it under McLeod County, MN (same figures) and Sibley County, MN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,120	$1,008 – $1,232	$1,265	$1,100
1 bedroom	$1,270	$1,143 – $1,397	$1,427	$1,250
2 bedrooms	$1,540	$1,386 – $1,694	$1,734	$1,520
3 bedrooms	$2,040	$1,836 – $2,244	$2,264	$2,020
4 bedrooms	$2,280	$2,052 – $2,508	$2,538	$2,270

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 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 55339 lies mainly in Carver County, Sibley County and McLeod 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
55368	Norwood Young America	3.0 mi	$1,550
55338	Green Isle	4.0 mi	$1,540
55370	Plato	5.4 mi	$1,150
55397	Young America	7.0 mi	$1,540
55322	Cologne	9.0 mi	$1,640
56044	Henderson	11.0 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 55339?

HUD's FY2027 Small Area Fair Market Rents for 55339 are $1,120 (studio), $1,270 (1 BR), $1,540 (2 BR), $2,040 (3 BR) and $2,280 (4 BR) a month.

What is the Section 8 payment standard in 55339?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55339 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55339?

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.