FY2027 Small Area FMR · Mcgregor, MN

ZIP 55760 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55760 (Mcgregor, MN) is $1,070 a month, up 10.3% from FY2026. That is 2% above the Aitkin County, MN area-wide FMR of $1,048.

2-bedroom SAFMR$1,070per month ▲ 10.3%

Area-wide 2 BR FMR$1,048Aitkin County, MN

Rank in the area9thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

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

Studio$810▲ 9.5%

1 BR$820▲ 10.8%

2 BR$1,070▲ 10.3%

3 BR$1,480▲ 9.6%

4 BR$1,550▲ 5.4%

FY2027 FY2026

Where 55760 sits in the Aitkin County, MN area

Of the 14 ZIP codes HUD lists for the area, 55760 has the 9th highest two-bedroom Small Area FMR. Aitkin 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 $1,048 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 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	$810	$729 – $891	$796	$740
1 bedroom	$820	$738 – $902	$801	$740
2 bedrooms	$1,070	$963 – $1,177	$1,048	$970
3 bedrooms	$1,480	$1,332 – $1,628	$1,451	$1,350
4 bedrooms	$1,550	$1,395 – $1,705	$1,515	$1,470

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $83,800 and the 80% low-income limit for four people is $78,400. ZIP code 55760 lies mainly in Aitkin County. See the Aitkin County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
55787	Tamarack	7.7 mi	$1,110
55798	Wright	14.8 mi	$1,110
55757	Kettle River	17.1 mi	$1,150
56469	Palisade	17.5 mi	$1,070
55726	Cromwell	20.4 mi	$1,110
56431	Aitkin	20.8 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 55760?

HUD's FY2027 Small Area Fair Market Rents for 55760 are $810 (studio), $820 (1 BR), $1,070 (2 BR), $1,480 (3 BR) and $1,550 (4 BR) a month.

What is the Section 8 payment standard in 55760?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55760 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55760?

The FY2026 income limits of the Aitkin County, MN area apply: median family income $83,800, low-income (80%) limit $78,400 for a family of four.