FY2027 Small Area FMR · Winona, MN

ZIP 55987 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 55987 (Winona, MN) is $1,110 a month, up 4.7% from FY2026. That is 1% below the Winona County, MN area-wide FMR of $1,118.

2-bedroom SAFMR$1,110per month ▲ 4.7%

Area-wide 2 BR FMR$1,118Winona County, MN

Rank in the area9thof 14 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$999

2 BR Small Area FMR$1,110

110% of SAFMR$1,221

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

Studio$780▼ 1.3%

1 BR$880▲ 2.3%

2 BR$1,110▲ 4.7%

3 BR$1,340▲ 0.8%

4 BR$1,610▲ 5.2%

FY2027 FY2026

Where 55987 sits in the Winona County, MN area

Of the 14 ZIP codes HUD lists for the area, 55987 has the 9th highest two-bedroom Small Area FMR. Winona 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 $1,118 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,110 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	$780	$702 – $858	$788	$790
1 bedroom	$880	$792 – $968	$890	$860
2 bedrooms	$1,110	$999 – $1,221	$1,118	$1,060
3 bedrooms	$1,340	$1,206 – $1,474	$1,352	$1,330
4 bedrooms	$1,610	$1,449 – $1,771	$1,625	$1,530

A household renting a two-bedroom home at the Small Area FMR of $1,110 needs about $44,400 a year to keep housing costs at 30% of income. The area median family income is $106,300 and the 80% low-income limit for four people is $85,050. ZIP code 55987 lies mainly in Winona County. See the Winona County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
54661	Trempealeau	9.0 mi	$1,270
55925	Dakota	10.1 mi	$1,160
54625	Dodge	10.8 mi	$1,010
55952	Lewiston	11.4 mi	$1,170
55959	Minnesota City	12.1 mi	$1,070
54629	Fountain City	12.4 mi	$1,090

Questions

What is the Fair Market Rent for ZIP code 55987?

HUD's FY2027 Small Area Fair Market Rents for 55987 are $780 (studio), $880 (1 BR), $1,110 (2 BR), $1,340 (3 BR) and $1,610 (4 BR) a month.

What is the Section 8 payment standard in 55987?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 55987 that range is $999 to $1,221 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 55987?

The FY2026 income limits of the Winona County, MN area apply: median family income $106,300, low-income (80%) limit $85,050 for a family of four.