FY2027 Small Area FMR · Merrifield, MN

ZIP 56465 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56465 (Merrifield, MN) is $1,120 a month, up 3.7% from FY2026. That is 4% below the Crow Wing County, MN area-wide FMR of $1,172.

2-bedroom SAFMR$1,120per month ▲ 3.7%

Area-wide 2 BR FMR$1,172Crow Wing County, MN

Rank in the area12thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,008

2 BR Small Area FMR$1,120

110% of SAFMR$1,232

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

Studio$780▲ 4.0%

1 BR$860▲ 4.9%

2 BR$1,120▲ 3.7%

3 BR$1,350▲ 3.1%

4 BR$1,570▲ 1.9%

FY2027 FY2026

Where 56465 sits in the Crow Wing County, MN area

Of the 19 ZIP codes HUD lists for the area, 56465 has the 12th highest two-bedroom Small Area FMR. Crow Wing 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 $1,172 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,120 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	$780	$702 – $858	$816	$750
1 bedroom	$860	$774 – $946	$899	$820
2 bedrooms	$1,120	$1,008 – $1,232	$1,172	$1,080
3 bedrooms	$1,350	$1,215 – $1,485	$1,407	$1,310
4 bedrooms	$1,570	$1,413 – $1,727	$1,609	$1,540

A household renting a two-bedroom home at the Small Area FMR of $1,120 needs about $44,800 a year to keep housing costs at 30% of income. The area median family income is $96,700 and the 80% low-income limit for four people is $78,400. ZIP code 56465 lies mainly in Crow Wing County. See the Crow Wing County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56441	Crosby	6.9 mi	$1,090
56455	Ironton	8.6 mi	$1,280
56468	Nisswa	9.0 mi	$1,180
56442	Crosslake	9.7 mi	$1,110
56444	Deerwood	12.8 mi	$1,160
56472	Pequot Lakes	13.0 mi	$1,030

Questions

What is the Fair Market Rent for ZIP code 56465?

HUD's FY2027 Small Area Fair Market Rents for 56465 are $780 (studio), $860 (1 BR), $1,120 (2 BR), $1,350 (3 BR) and $1,570 (4 BR) a month.

What is the Section 8 payment standard in 56465?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56465 that range is $1,008 to $1,232 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56465?

The FY2026 income limits of the Crow Wing County, MN area apply: median family income $96,700, low-income (80%) limit $78,400 for a family of four.