FY2027 Small Area FMR · Foley, MN

ZIP 56329 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56329 (Foley, MN) is $1,540 a month, up 1.3% from FY2026. That is 11% below the Minneapolis-St. Paul-Bloomington, MN-WI area-wide FMR of $1,734.

2-bedroom SAFMR$1,540per month ▲ 1.3%

Area-wide 2 BR FMR$1,734Minneapolis-St. Paul-Bloomin

Rank in the area158thof 246 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,386

2 BR Small Area FMR$1,540

110% of SAFMR$1,694

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

Studio$1,120▲ 1.8%

1 BR$1,270▲ 1.6%

2 BR$1,540▲ 1.3%

3 BR$2,040▲ 1.0%

4 BR$2,280▲ 0.4%

FY2027 FY2026

Where 56329 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area

Of the 246 ZIP codes HUD lists for the area, 56329 has the 158th highest two-bedroom Small Area FMR. Minneapolis-St. Paul-Bloomington, MN-WI 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 $1,734 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,540 for this ZIP code instead.

ZIP code 56329 crosses more than one HUD area. HUD also lists it under St. Cloud, MN (same figures) and Morrison 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
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,120	$1,008 – $1,232	$1,265	$1,100
1 bedroom	$1,270	$1,143 – $1,397	$1,427	$1,250
2 bedrooms	$1,540	$1,386 – $1,694	$1,734	$1,520
3 bedrooms	$2,040	$1,836 – $2,244	$2,264	$2,020
4 bedrooms	$2,280	$2,052 – $2,508	$2,538	$2,270

A household renting a two-bedroom home at the Small Area FMR of $1,540 needs about $61,600 a year to keep housing costs at 30% of income. The area median family income is $131,500 and the 80% low-income limit for four people is $105,200. ZIP code 56329 lies mainly in Benton County, Morrison County and Sherburne County. See the Minneapolis-St. Paul-Bloomington, MN-WI metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56357	Oak Park	5.8 mi	$1,300
56330	Foreston	8.2 mi	$1,340
56379	Sauk Rapids	9.4 mi	$1,540
56363	Pease	12.7 mi	$1,300
56367	Rice	13.4 mi	$1,260
56304	Saint Cloud	14.1 mi	$1,540

Questions

What is the Fair Market Rent for ZIP code 56329?

HUD's FY2027 Small Area Fair Market Rents for 56329 are $1,120 (studio), $1,270 (1 BR), $1,540 (2 BR), $2,040 (3 BR) and $2,280 (4 BR) a month.

What is the Section 8 payment standard in 56329?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56329 that range is $1,386 to $1,694 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56329?

The FY2026 income limits of the Minneapolis-St. Paul-Bloomington, MN-WI area apply: median family income $131,500, low-income (80%) limit $105,200 for a family of four.