FY2027 Small Area FMR · Waldorf, MN

ZIP 56091 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56091 (Waldorf, MN) is $1,110 a month, up 7.8% from FY2026. That is 8% above the Waseca County, MN area-wide FMR of $1,030.

2-bedroom SAFMR$1,110per month ▲ 7.8%

Area-wide 2 BR FMR$1,030Waseca County, MN

Rank in the area5thof 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$790▲ 8.2%

1 BR$890▲ 9.9%

2 BR$1,110▲ 7.8%

3 BR$1,490▲ 5.7%

4 BR$1,500▼ 2.6%

FY2027 FY2026

Where 56091 sits in the Waseca County, MN area

Of the 14 ZIP codes HUD lists for the area, 56091 has the 5th highest two-bedroom Small Area FMR. Waseca 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 $1,030 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	$790	$711 – $869	$717	$730
1 bedroom	$890	$801 – $979	$787	$810
2 bedrooms	$1,110	$999 – $1,221	$1,030	$1,030
3 bedrooms	$1,490	$1,341 – $1,639	$1,349	$1,410
4 bedrooms	$1,500	$1,350 – $1,650	$1,354	$1,540

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 $95,600 and the 80% low-income limit for four people is $78,400. ZIP code 56091 lies mainly in Waseca County. See the Waseca County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56078	Pemberton	6.7 mi	$1,670
56068	Minnesota Lake	7.5 mi	$1,180
56072	New Richland	8.4 mi	$1,030
56048	Janesville	11.6 mi	$1,060
56093	Waseca	12.3 mi	$1,070
56065	Mapleton	12.3 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 56091?

HUD's FY2027 Small Area Fair Market Rents for 56091 are $790 (studio), $890 (1 BR), $1,110 (2 BR), $1,490 (3 BR) and $1,500 (4 BR) a month.

What is the Section 8 payment standard in 56091?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56091 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 56091?

The FY2026 income limits of the Waseca County, MN area apply: median family income $95,600, low-income (80%) limit $78,400 for a family of four.