Income Limits by County

FY2027 Small Area FMR · Kenneth, MN

ZIP 56147 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56147 (Kenneth, MN) is $1,040 a month, up 2.0% from FY2026. That is 3% above the Rock County, MN area-wide FMR of $1,014.

2-bedroom SAFMR$1,040per month ▲ 2.0%
Area-wide 2 BR FMR$1,014Rock County, MN
Rank in the area7thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936
2 BR Small Area FMR$1,040
110% of SAFMR$1,144

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

FY2027 FY2026

Where 56147 sits in the Rock County, MN area

$1,010$1,300median $1,040

Of the 13 ZIP codes HUD lists for the area, 56147 has the 7th 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 $1,040 for this ZIP code instead.

ZIP code 56147 crosses more than one HUD area. HUD also lists it under Nobles County, MN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$760$684 – $836$770$730
1 bedroom$800$720 – $880$775$780
2 bedrooms$1,040$936 – $1,144$1,014$1,020
3 bedrooms$1,370$1,233 – $1,507$1,404$1,340
4 bedrooms$1,520$1,368 – $1,672$1,501$1,460

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 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 56147 lies mainly in Rock County and Nobles County. See the Rock County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
56153Leota5.5 mi$1,100
56155Lismore5.7 mi$1,010
56158Magnolia8.1 mi$1,010
56128Edgerton9.0 mi$1,100
56134Hardwick9.4 mi$1,010
56156Luverne10.6 mi$1,010

Questions

What is the Fair Market Rent for ZIP code 56147?

HUD's FY2027 Small Area Fair Market Rents for 56147 are $760 (studio), $800 (1 BR), $1,040 (2 BR), $1,370 (3 BR) and $1,520 (4 BR) a month.

What is the Section 8 payment standard in 56147?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56147 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56147?

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.