Income Limits by County

FY2027 Small Area FMR · Steen, MN

ZIP 56173 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56173 (Steen, MN) is $1,290 a month, up 7.5% from FY2026. That is 27% above the Rock County, MN area-wide FMR of $1,014.

2-bedroom SAFMR$1,290per month ▲ 7.5%
Area-wide 2 BR FMR$1,014Rock County, MN
Rank in the area2ndof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,161
2 BR Small Area FMR$1,290
110% of SAFMR$1,419

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

FY2027 FY2026

Where 56173 sits in the Rock County, MN area

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

Of the 13 ZIP codes HUD lists for the area, 56173 has the 2nd 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 $1,290 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$980$882 – $1,078$770$900
1 bedroom$990$891 – $1,089$775$910
2 bedrooms$1,290$1,161 – $1,419$1,014$1,200
3 bedrooms$1,790$1,611 – $1,969$1,404$1,670
4 bedrooms$1,910$1,719 – $2,101$1,501$1,670

A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 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 56173 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

ZIPPlaceDistance2 BR SAFMR
56138Hills7.2 mi$1,180
51242Lester7.3 mi$950
51246Rock Rapids7.7 mi$930
56146Kanaranzi8.1 mi$1,010
56116Beaver Creek9.4 mi$1,100
56156Luverne9.6 mi$1,010

Questions

What is the Fair Market Rent for ZIP code 56173?

HUD's FY2027 Small Area Fair Market Rents for 56173 are $980 (studio), $990 (1 BR), $1,290 (2 BR), $1,790 (3 BR) and $1,910 (4 BR) a month.

What is the Section 8 payment standard in 56173?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56173 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56173?

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.