FY2027 Small Area FMR · Twin Valley, MN
ZIP 56584 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56584 (Twin Valley, MN) is $1,230 a month, down 7.5% from FY2026. That is 11% above the Fargo, ND-MN area-wide FMR of $1,104.
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 56584 sits in the Fargo, ND-MN area
Of the 55 ZIP codes HUD lists for the area, 56584 has the 9th highest two-bedroom Small Area FMR. Fargo, ND-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 $1,104 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,230 for this ZIP code instead.
ZIP code 56584 crosses more than one HUD area. HUD also lists it under Norman 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 | $910 | $819 – $1,001 | $781 | $920 |
| 1 bedroom | $940 | $846 – $1,034 | $903 | $1,010 |
| 2 bedrooms | $1,230 | $1,107 – $1,353 | $1,104 | $1,330 |
| 3 bedrooms | $1,470 | $1,323 – $1,617 | $1,529 | $1,590 |
| 4 bedrooms | $1,630 | $1,467 – $1,793 | $1,845 | $1,810 |
A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $115,200 and the 80% low-income limit for four people is $92,150. ZIP code 56584 lies mainly in Norman County. See the Fargo, ND-MN metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 56584?
HUD's FY2027 Small Area Fair Market Rents for 56584 are $910 (studio), $940 (1 BR), $1,230 (2 BR), $1,470 (3 BR) and $1,630 (4 BR) a month.
What is the Section 8 payment standard in 56584?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56584 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 56584?
The FY2026 income limits of the Fargo, ND-MN area apply: median family income $115,200, low-income (80%) limit $92,150 for a family of four.