FY2027 Small Area FMR · Schroeder, MN

ZIP 55613 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55613 (Schroeder, MN) is $1,230 a month, up 1.7% from FY2026. That is 20% above the Cook County, MN area-wide FMR of $1,022.

2-bedroom SAFMR$1,230per month ▲ 1.7%

Area-wide 2 BR FMR$1,022Cook County, MN

Rank in the area2ndof 6 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,107

2 BR Small Area FMR$1,230

110% of SAFMR$1,353

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

Studio$860▲ 3.6%

1 BR$1,060▲ 1.9%

2 BR$1,230▲ 1.7%

3 BR$1,610▲ 3.9%

4 BR$1,790▲ 1.7%

FY2027 FY2026

Where 55613 sits in the Cook County, MN area

Of the 6 ZIP codes HUD lists for the area, 55613 has the 2nd highest two-bedroom Small Area FMR. Cook County, MN 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 $1,022 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 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	$860	$774 – $946	$712	$830
1 bedroom	$1,060	$954 – $1,166	$939	$1,040
2 bedrooms	$1,230	$1,107 – $1,353	$1,022	$1,210
3 bedrooms	$1,610	$1,449 – $1,771	$1,415	$1,550
4 bedrooms	$1,790	$1,611 – $1,969	$1,492	$1,760

A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $95,700 and the 80% low-income limit for four people is $78,400. ZIP code 55613 lies mainly in Cook County. See the Cook County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
55615	Tofte	6.8 mi	$1,390
55603	Finland	15.5 mi	$1,150
55612	Lutsen	17.4 mi	$1,210
55607	Isabella	23.1 mi	$1,150
55614	Silver Bay	25.8 mi	$1,320
55604	Grand Marais	31.3 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 55613?

HUD's FY2027 Small Area Fair Market Rents for 55613 are $860 (studio), $1,060 (1 BR), $1,230 (2 BR), $1,610 (3 BR) and $1,790 (4 BR) a month.

What is the Section 8 payment standard in 55613?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55613 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55613?

The FY2026 income limits of the Cook County, MN area apply: median family income $95,700, low-income (80%) limit $78,400 for a family of four.