FY2027 Small Area FMR · Talmoon, MN

ZIP 56637 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56637 (Talmoon, MN) is $1,190 a month, up 3.5% from FY2026. That is 2% above the Itasca County, MN area-wide FMR of $1,164.

2-bedroom SAFMR$1,190per month ▲ 3.5%

Area-wide 2 BR FMR$1,164Itasca County, MN

Rank in the area7thof 33 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,071

2 BR Small Area FMR$1,190

110% of SAFMR$1,309

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

Studio$830▲ 2.5%

1 BR$940▲ 2.2%

2 BR$1,190▲ 3.5%

3 BR$1,540▲ 2.7%

4 BR$1,680▲ 3.1%

FY2027 FY2026

Where 56637 sits in the Itasca County, MN area

Of the 33 ZIP codes HUD lists for the area, 56637 has the 7th highest two-bedroom Small Area FMR. Itasca 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 $1,164 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,190 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	$830	$747 – $913	$811	$810
1 bedroom	$940	$846 – $1,034	$924	$920
2 bedrooms	$1,190	$1,071 – $1,309	$1,164	$1,150
3 bedrooms	$1,540	$1,386 – $1,694	$1,509	$1,500
4 bedrooms	$1,680	$1,512 – $1,848	$1,635	$1,630

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 56637 lies mainly in Itasca County. See the Itasca County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56680	Spring Lake	6.9 mi	$1,020
56657	Marcell	9.1 mi	$1,200
56659	Max	9.6 mi	$1,020
56688	Wirt	11.0 mi	$1,180
56628	Bigfork	11.4 mi	$1,330
56636	Deer River	14.0 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 56637?

HUD's FY2027 Small Area Fair Market Rents for 56637 are $830 (studio), $940 (1 BR), $1,190 (2 BR), $1,540 (3 BR) and $1,680 (4 BR) a month.

What is the Section 8 payment standard in 56637?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56637 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 56637?

The FY2026 income limits of the Itasca County, MN area apply: median family income $92,900, low-income (80%) limit $78,400 for a family of four.