FY2027 Small Area FMR · Lansing, MN

ZIP 55950 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55950 (Lansing, MN) is $1,100 a month, up 2.8% from FY2026. That is 2% above the Mower County, MN area-wide FMR of $1,080.

2-bedroom SAFMR$1,100per month ▲ 2.8%

Area-wide 2 BR FMR$1,080Mower County, MN

Rank in the area8thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$990

2 BR Small Area FMR$1,100

110% of SAFMR$1,210

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

Studio$770▲ 4.1%

1 BR$840▲ 2.4%

2 BR$1,100▲ 2.8%

3 BR$1,470▲ 6.5%

4 BR$1,480▼ 0.7%

FY2027 FY2026

Where 55950 sits in the Mower County, MN area

Of the 19 ZIP codes HUD lists for the area, 55950 has the 8th highest two-bedroom Small Area FMR. Mower 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 $1,080 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,100 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	$770	$693 – $847	$752	$740
1 bedroom	$840	$756 – $924	$826	$820
2 bedrooms	$1,100	$990 – $1,210	$1,080	$1,070
3 bedrooms	$1,470	$1,323 – $1,617	$1,440	$1,380
4 bedrooms	$1,480	$1,332 – $1,628	$1,445	$1,490

A household renting a two-bedroom home at the Small Area FMR of $1,100 needs about $44,000 a year to keep housing costs at 30% of income. The area median family income is $97,800 and the 80% low-income limit for four people is $78,400. ZIP code 55950 lies mainly in Mower County. See the Mower County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
55912	Austin	4.6 mi	$1,100
55918	Brownsdale	5.9 mi	$1,010
55982	Waltham	6.2 mi	$1,270
55973	Sargeant	10.4 mi	$1,430
55917	Blooming Prairie	11.0 mi	$1,270
55970	Rose Creek	12.4 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 55950?

HUD's FY2027 Small Area Fair Market Rents for 55950 are $770 (studio), $840 (1 BR), $1,100 (2 BR), $1,470 (3 BR) and $1,480 (4 BR) a month.

What is the Section 8 payment standard in 55950?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55950 that range is $990 to $1,210 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55950?

The FY2026 income limits of the Mower County, MN area apply: median family income $97,800, low-income (80%) limit $78,400 for a family of four.