HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Isanti County, Minnesota (FY 2027)
$1,734 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Isanti County, and it's the baseline every voucher in Isanti is measured against.
Two-bedroom FMR
$1,734
+1.5% from FY 2026
Payment standard
$1,561–$1,907
90% to 110% of the FMR, two-bedroom
Income to afford
$69,360
a year, with rent at 30% of income
Rank in Minnesota
6th of 87
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,265 | $1,139–$1,392 | $50,600 | $24.33/hr | +1.9% |
| 1 bedroom | $1,427 | $1,284–$1,570 | $57,080 | $27.44/hr | +1.6% |
| 2 bedroom | $1,734 | $1,561–$1,907 | $69,360 | $33.35/hr | +1.5% |
| 3 bedroom | $2,264 | $2,038–$2,490 | $90,560 | $43.54/hr | +0.1% |
| 4 bedroom | $2,538 | $2,284–$2,792 | $101,520 | $48.81/hr | +0.3% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,919 | $2,627–$3,211 |
| 6 bedroom Estimate | $3,299 | $2,969–$3,629 |
| 7 bedroom Estimate | $3,680 | $3,312–$4,048 |
| 8 bedroom Estimate | $4,061 | $3,655–$4,467 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Isanti actually rent for?
Search any address in Isanti for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Isanti somewhere between $1,561 and $1,907. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,734 a month is affordable, by HUD's 30% rule, on an income of roughly $69,360 a year. Put another way, $33 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,561 | Voucher pays at 100%$1,734 | Voucher pays at 110%$1,907 |
|---|---|---|---|---|
| $2,500 | $750 | $811 | $984 | $1,157 |
| $4,000 | $1,200 | $361 | $534 | $707 |
Rate history
The two-bedroom rate went up 1% from FY 2026 ($1,709) to FY 2027 ($1,734). Since FY 2020 it's up 43% in total, about 5.2% a year. The Minnesota median moved up 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $820 | $971 | $1,214 | $1,722 | $2,025 | — |
| FY 2021 | $898 | $1,054 | $1,308 | $1,838 | $2,156 | +7.7% |
| FY 2022 | $932 | $1,078 | $1,329 | $1,841 | $2,145 | +1.6% |
| FY 2023 | $1,007 | $1,149 | $1,410 | $1,916 | $2,209 | +6.1% |
| FY 2024 | $1,174 | $1,327 | $1,622 | $2,188 | $2,478 | +15.0% |
| FY 2025 | $1,220 | $1,381 | $1,685 | $2,244 | $2,513 | +3.9% |
| FY 2026 | $1,242 | $1,405 | $1,709 | $2,262 | $2,531 | +1.4% |
| FY 2027In effect | $1,265 | $1,427 | $1,734 | $2,264 | $2,538 | +1.5% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Isanti, that runs from $1,265 for a studio up to $2,538 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Isanti in with 12 other counties in the Minneapolis-St. Paul-Bloomington metro, Hennepin County, Ramsey County, Dakota County among them, and every one of them gets $1,734 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Minnesota's 87 counties, Isanti ranks 6th for two-bedroom FMR. That's about 65% above the state median of $1,048 and about 63% above the national median county at $1,063. About 42,596 people live here, 24th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,540 in 55006 (Braham) and $2,230 in 55017 (Dalbo), with the 6 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
Counties sharing the Minneapolis-St. Paul-Bloomington metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,734 two-bedroom figure as Isanti.
Hennepin County
1,269,496 people
$1,734
Ramsey County
542,945 people
$1,734
Dakota County
445,771 people
$1,734
Anoka County
370,349 people
$1,734
Washington County
276,238 people
$1,734
Scott County
154,557 people
$1,734
Wright County
148,269 people
$1,734
Carver County
110,041 people
$1,734
Sherburne County
100,560 people
$1,734
St. Croix County
WI · 96,033 people
$1,734
Chisago County
57,991 people
$1,734
Pierce County
WI · 42,584 people
$1,734
Nearby counties
Two-bedroom FMR, with how each compares to Isanti.
Kanabec County
18 mi · 16,390 people
$1,014
-42%
Chisago County
21 mi · 57,991 people
$1,734
same rate
Mille Lacs County
23 mi · 27,125 people
$1,124
-35%
Sherburne County
27 mi · 100,560 people
$1,734
same rate
Anoka County
28 mi · 370,349 people
$1,734
same rate
Benton County
37 mi · 41,593 people
$1,233
-29%
Pine County
38 mi · 29,640 people
$1,096
-37%
Wright County
43 mi · 148,269 people
$1,734
same rate
Questions people ask
$1,734 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,265 for a studio, $1,427 for one bedroom, $2,264 for three and $2,538 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Isanti actually go for?
HUD's number is one input. Search any address in Isanti for a rent estimate built from nearby comps. Free to start, no card.
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