FY2027 Small Area FMR · Pennington, MN

ZIP 56663 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 56663 (Pennington, MN) is $1,040 a month, up 4.0% from FY2026. That is 15% below the Beltrami County, MN area-wide FMR of $1,230.

2-bedroom SAFMR$1,040per month ▲ 4.0%

Area-wide 2 BR FMR$1,230Beltrami County, MN

Rank in the area11thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$936

2 BR Small Area FMR$1,040

110% of SAFMR$1,144

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

Studio$790▲ 6.8%

1 BR$810▲ 5.2%

2 BR$1,040▲ 4.0%

3 BR$1,310▲ 3.1%

4 BR$1,670▲ 9.2%

FY2027 FY2026

Where 56663 sits in the Beltrami County, MN area

Of the 19 ZIP codes HUD lists for the area, 56663 has the 11th highest two-bedroom Small Area FMR. Beltrami 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 $1,230 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,040 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	$790	$711 – $869	$883	$740
1 bedroom	$810	$729 – $891	$940	$770
2 bedrooms	$1,040	$936 – $1,144	$1,230	$1,000
3 bedrooms	$1,310	$1,179 – $1,441	$1,466	$1,270
4 bedrooms	$1,670	$1,503 – $1,837	$2,041	$1,530

A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $95,800 and the 80% low-income limit for four people is $78,400. ZIP code 56663 lies mainly in Beltrami County. See the Beltrami County, MN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
56633	Cass Lake	10.5 mi	$1,110
56626	Bena	13.8 mi	$1,010
56681	Squaw Lake	14.0 mi	$1,010
56647	Hines	17.4 mi	$1,030
56641	Federal Dam	19.1 mi	$1,060
56601	Bemidji	20.0 mi	$1,250

Questions

What is the Fair Market Rent for ZIP code 56663?

HUD's FY2027 Small Area Fair Market Rents for 56663 are $790 (studio), $810 (1 BR), $1,040 (2 BR), $1,310 (3 BR) and $1,670 (4 BR) a month.

What is the Section 8 payment standard in 56663?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 56663 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 56663?

The FY2026 income limits of the Beltrami County, MN area apply: median family income $95,800, low-income (80%) limit $78,400 for a family of four.