FY2027 Small Area FMR · Garrison, MN
ZIP 56450 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56450 (Garrison, MN) is $1,190 a month, unchanged from FY2026. That is 6% above the Mille Lacs County, MN area-wide FMR of $1,124.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 56450 sits in the Mille Lacs County, MN area
Of the 13 ZIP codes HUD lists for the area, 56450 has the 8th highest two-bedroom Small Area FMR. Mille Lacs 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 $1,124 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 for this ZIP code instead.
ZIP code 56450 crosses more than one HUD area. HUD also lists it under Crow Wing County, MN (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $840 | $756 – $924 | $820 | $850 |
| 1 bedroom | $920 | $828 – $1,012 | $870 | $910 |
| 2 bedrooms | $1,190 | $1,071 – $1,309 | $1,124 | $1,190 |
| 3 bedrooms | $1,430 | $1,287 – $1,573 | $1,351 | $1,430 |
| 4 bedrooms | $1,780 | $1,602 – $1,958 | $1,879 | $1,790 |
A household renting a two-bedroom home at the Small Area FMR of $1,190 needs about $47,600 a year to keep housing costs at 30% of income. The area median family income is $92,900 and the 80% low-income limit for four people is $78,400. ZIP code 56450 lies mainly in Crow Wing County and Mille Lacs County. See the Mille Lacs County, MN county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 56450?
HUD's FY2027 Small Area Fair Market Rents for 56450 are $840 (studio), $920 (1 BR), $1,190 (2 BR), $1,430 (3 BR) and $1,780 (4 BR) a month.
What is the Section 8 payment standard in 56450?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56450 that range is $1,071 to $1,309 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 56450?
The FY2026 income limits of the Mille Lacs County, MN area apply: median family income $92,900, low-income (80%) limit $78,400 for a family of four.