FY2027 Small Area FMR · Saint Cloud, MN

ZIP 56303 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56303 (Saint Cloud, MN) is $1,170 a month, unchanged from FY2026. That is 5% below the St. Cloud, MN area-wide FMR of $1,233.

2-bedroom SAFMR$1,170per month ■ 0.0%

Area-wide 2 BR FMR$1,233St. Cloud, MN

Rank in the area25thof 45 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$840▼ 1.2%

1 BR$910▲ 2.2%

2 BR$1,170■ 0.0%

3 BR$1,570▲ 0.6%

4 BR$1,860▲ 2.2%

FY2027 FY2026

Where 56303 sits in the St. Cloud, MN area

Of the 45 ZIP codes HUD lists for the area, 56303 has the 25th highest two-bedroom Small Area FMR. St. Cloud, 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 $1,233 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	$840	$756 – $924	$884	$850
1 bedroom	$910	$819 – $1,001	$961	$890
2 bedrooms	$1,170	$1,053 – $1,287	$1,233	$1,170
3 bedrooms	$1,570	$1,413 – $1,727	$1,656	$1,560
4 bedrooms	$1,860	$1,674 – $2,046	$1,961	$1,820

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 $107,100 and the 80% low-income limit for four people is $85,700. ZIP code 56303 lies mainly in Stearns County. See the St. Cloud, MN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56387	Waite Park	3.1 mi	$1,280
56377	Sartell	5.2 mi	$1,410
56301	Saint Cloud	6.1 mi	$1,350
56379	Sauk Rapids	7.8 mi	$1,540
56374	Saint Joseph	7.9 mi	$1,340
56304	Saint Cloud	8.2 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 56303?

HUD's FY2027 Small Area Fair Market Rents for 56303 are $840 (studio), $910 (1 BR), $1,170 (2 BR), $1,570 (3 BR) and $1,860 (4 BR) a month.

What is the Section 8 payment standard in 56303?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56303 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 56303?

The FY2026 income limits of the St. Cloud, MN area apply: median family income $107,100, low-income (80%) limit $85,700 for a family of four.