FY2027 Small Area FMR · Osseo, MN

ZIP 55369 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55369 (Osseo, MN) is $2,160 a month, down 0.9% from FY2026. That is 25% above the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$2,160per month ▼ 0.9%

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

Rank in the area22ndof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,944

2 BR Small Area FMR$2,160

110% of SAFMR$2,376

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

Studio$1,580■ 0.0%

1 BR$1,780▼ 0.6%

2 BR$2,160▼ 0.9%

3 BR$2,820▼ 2.4%

4 BR$3,160▼ 2.2%

FY2027 FY2026

Where 55369 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 55369 has the 22nd 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 $2,160 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	$1,580	$1,422 – $1,738	$1,265	$1,580
1 bedroom	$1,780	$1,602 – $1,958	$1,427	$1,790
2 bedrooms	$2,160	$1,944 – $2,376	$1,734	$2,180
3 bedrooms	$2,820	$2,538 – $3,102	$2,264	$2,890
4 bedrooms	$3,160	$2,844 – $3,476	$2,538	$3,230

A household renting a two-bedroom home at the Small Area FMR of $2,160 needs about $86,400 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 55369 lies mainly in Hennepin 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
55311	Maple Grove	2.9 mi	$2,240
55445	Minneapolis	3.2 mi	$2,500
55316	Champlin	4.2 mi	$1,950
55327	Dayton	4.9 mi	$1,560
55443	Minneapolis	5.3 mi	$1,570
55428	Minneapolis	5.4 mi	$1,580

Questions

What is the Fair Market Rent for ZIP code 55369?

HUD's FY2027 Small Area Fair Market Rents for 55369 are $1,580 (studio), $1,780 (1 BR), $2,160 (2 BR), $2,820 (3 BR) and $3,160 (4 BR) a month.

What is the Section 8 payment standard in 55369?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55369 that range is $1,944 to $2,376 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55369?

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.