FY2027 Small Area FMR · Currie, MN

ZIP 56123 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56123 (Currie, MN) is $1,170 a month, up 4.5% from FY2026. That is 15% above the Murray County, MN area-wide FMR of $1,014.

2-bedroom SAFMR$1,170per month ▲ 4.5%

Area-wide 2 BR FMR$1,014Murray County, MN

Rank in the area5thof 18 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

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

Studio$810▲ 5.2%

1 BR$1,070▲ 9.2%

2 BR$1,170▲ 4.5%

3 BR$1,390▼ 2.1%

4 BR$1,640▼ 9.4%

FY2027 FY2026

Where 56123 sits in the Murray County, MN area

Of the 18 ZIP codes HUD lists for the area, 56123 has the 5th highest two-bedroom Small Area FMR. Murray 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,170 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	$706	$770
1 bedroom	$1,070	$963 – $1,177	$931	$980
2 bedrooms	$1,170	$1,053 – $1,287	$1,014	$1,120
3 bedrooms	$1,390	$1,251 – $1,529	$1,208	$1,420
4 bedrooms	$1,640	$1,476 – $1,804	$1,420	$1,810

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $78,400. ZIP code 56123 lies mainly in Murray County. See the Murray County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56125	Dovray	2.8 mi	$1,210
56114	Avoca	7.6 mi	$1,310
56183	Westbrook	8.9 mi	$1,010
56172	Slayton	10.4 mi	$1,010
56132	Garvin	11.7 mi	$1,210
56175	Tracy	12.2 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 56123?

HUD's FY2027 Small Area Fair Market Rents for 56123 are $810 (studio), $1,070 (1 BR), $1,170 (2 BR), $1,390 (3 BR) and $1,640 (4 BR) a month.

What is the Section 8 payment standard in 56123?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56123 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56123?

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