FY2027 Small Area FMR · Hills, MN

ZIP 56138 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56138 (Hills, MN) is $1,180 a month, up 8.3% from FY2026. That is 16% above the Rock County, MN area-wide FMR of $1,014.

2-bedroom SAFMR$1,180per month ▲ 8.3%

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

Rank in the area3rdof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,062

2 BR Small Area FMR$1,180

110% of SAFMR$1,298

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

Studio$900▲ 11.1%

1 BR$900▲ 8.4%

2 BR$1,180▲ 8.3%

3 BR$1,630▲ 7.2%

4 BR$1,750▲ 15.1%

FY2027 FY2026

Where 56138 sits in the Rock County, MN area

Of the 13 ZIP codes HUD lists for the area, 56138 has the 3rd highest two-bedroom Small Area FMR. Rock 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 $1,180 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	$900	$810 – $990	$770	$810
1 bedroom	$900	$810 – $990	$775	$830
2 bedrooms	$1,180	$1,062 – $1,298	$1,014	$1,090
3 bedrooms	$1,630	$1,467 – $1,793	$1,404	$1,520
4 bedrooms	$1,750	$1,575 – $1,925	$1,501	$1,520

A household renting a two-bedroom home at the Small Area FMR of $1,180 needs about $47,200 a year to keep housing costs at 30% of income. The area median family income is $106,100 and the 80% low-income limit for four people is $84,900. ZIP code 56138 lies mainly in Rock County. See the Rock County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56116	Beaver Creek	5.5 mi	$1,100
57068	Valley Springs	6.0 mi	$1,300
51241	Larchwood	6.8 mi	$960
51242	Lester	7.0 mi	$950
56173	Steen	7.2 mi	$1,290
57005	Brandon	10.5 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 56138?

HUD's FY2027 Small Area Fair Market Rents for 56138 are $900 (studio), $900 (1 BR), $1,180 (2 BR), $1,630 (3 BR) and $1,750 (4 BR) a month.

What is the Section 8 payment standard in 56138?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56138 that range is $1,062 to $1,298 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56138?

The FY2026 income limits of the Rock County, MN area apply: median family income $106,100, low-income (80%) limit $84,900 for a family of four.