FY2027 Small Area FMR · Breckenridge, MN

ZIP 56520 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56520 (Breckenridge, MN) is $1,010 a month, up 4.1% from FY2026. That is 0% equal to the Wilkin County, MN area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,014Wilkin County, MN

Rank in the area11thof 12 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

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

Studio$710▲ 6.0%

1 BR$850▲ 13.3%

2 BR$1,010▲ 4.1%

3 BR$1,410▲ 10.2%

4 BR$1,490▲ 15.5%

FY2027 FY2026

Where 56520 sits in the Wilkin County, MN area

Of the 12 ZIP codes HUD lists for the area, 56520 has the 11th highest two-bedroom Small Area FMR. Wilkin 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 $1,010 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	$710	$639 – $781	$706	$670
1 bedroom	$850	$765 – $935	$846	$750
2 bedrooms	$1,010	$909 – $1,111	$1,014	$970
3 bedrooms	$1,410	$1,269 – $1,551	$1,404	$1,280
4 bedrooms	$1,490	$1,341 – $1,639	$1,481	$1,290

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $98,100 and the 80% low-income limit for four people is $78,500. ZIP code 56520 lies mainly in Wilkin County. See the Wilkin County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
58076	Wahpeton	5.4 mi	$1,020
58074	Wahpeton	5.5 mi	$1,070
56543	Foxhome	7.6 mi	$1,130
58075	Wahpeton	11.2 mi	$1,020
56553	Kent	11.2 mi	$1,040
56522	Campbell	12.3 mi	$1,280

Questions

What is the Fair Market Rent for ZIP code 56520?

HUD's FY2027 Small Area Fair Market Rents for 56520 are $710 (studio), $850 (1 BR), $1,010 (2 BR), $1,410 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 56520?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56520 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56520?

The FY2026 income limits of the Wilkin County, MN area apply: median family income $98,100, low-income (80%) limit $78,500 for a family of four.