HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in St. Louis County, Minnesota (FY 2027)
$1,207 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in St. Louis County, and it's the baseline every voucher in St. Louis is measured against.
Two-bedroom FMR
$1,207
-2.0% from FY 2026
Payment standard
$1,086–$1,328
90% to 110% of the FMR, two-bedroom
Income to afford
$48,280
a year, with rent at 30% of income
Rank in Minnesota
24th 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 | $841 | $757–$925 | $33,640 | $16.17/hr | -0.9% |
| 1 bedroom | $961 | $865–$1,057 | $38,440 | $18.48/hr | -1.7% |
| 2 bedroom | $1,207 | $1,086–$1,328 | $48,280 | $23.21/hr | -2.0% |
| 3 bedroom | $1,671 | $1,504–$1,838 | $66,840 | $32.13/hr | -1.1% |
| 4 bedroom | $2,017 | $1,815–$2,219 | $80,680 | $38.79/hr | -2.4% |
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 | $2,320 | $2,088–$2,552 |
| 6 bedroom Estimate | $2,622 | $2,360–$2,884 |
| 7 bedroom Estimate | $2,925 | $2,633–$3,218 |
| 8 bedroom Estimate | $3,227 | $2,904–$3,550 |
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 St. Louis actually rent for?
Search any address in St. Louis 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 St. Louis somewhere between $1,086 and $1,328. 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.
$1,207 a month is affordable, by HUD's 30% rule, on an income of roughly $48,280 a year. Put another way, $23 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%$1,086 | Voucher pays at 100%$1,207 | Voucher pays at 110%$1,328 |
|---|---|---|---|---|
| $2,500 | $750 | $336 | $457 | $578 |
| $4,000 | $1,200 | $0 | $7 | $128 |
Rate history
The two-bedroom rate went down 2% from FY 2026 ($1,232) to FY 2027 ($1,207). Since FY 2020 it's up 48% in total, about 5.8% 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 | $601 | $622 | $816 | $1,052 | $1,279 | — |
| FY 2021 | $654 | $671 | $884 | $1,141 | $1,394 | +8.3% |
| FY 2022 | $692 | $715 | $936 | $1,221 | $1,515 | +5.9% |
| FY 2023 | $780 | $838 | $1,087 | $1,435 | $1,789 | +16.1% |
| FY 2024 | $762 | $868 | $1,113 | $1,485 | $1,889 | +2.4% |
| FY 2025 | $782 | $896 | $1,140 | $1,538 | $1,914 | +2.4% |
| FY 2026 | $849 | $978 | $1,232 | $1,689 | $2,067 | +8.1% |
| FY 2027In effect | $841 | $961 | $1,207 | $1,671 | $2,017 | -2.0% |
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 St. Louis, that runs from $841 for a studio up to $2,017 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 St. Louis in with 2 other counties in the Duluth metro, Douglas County, Carlton County among them, and every one of them gets $1,207 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, St. Louis ranks 24th for two-bedroom FMR. That's about 15% above the state median of $1,048 and about 14% above the national median county at $1,063. About 200,123 people live here, 6th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,110 in 55703 (Angora) and $1,810 in 55779 (Saginaw), with the 47 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 55602 | Brimson | $1,230 | +1.9% |
| 55702 | Alborn | $1,510 | +25.1% |
| 55703 | Angora | $1,110 | -8.0% |
| 55705 | Aurora | $1,110 | -8.0% |
| 55706 | Babbitt | $1,110 | -8.0% |
| 55708 | Biwabik | $1,110 | -8.0% |
| 55710 | Britt | $1,110 | -8.0% |
| 55711 | Brookston | $1,110 | -8.0% |
| 55713 | Buhl | $1,200 | -0.6% |
| 55717 | Canyon | $1,700 | +40.8% |
| 55719 | Chisholm | $1,110 | -8.0% |
| 55723 | Cook | $1,110 | -8.0% |
| 55724 | Cotton | $1,230 | +1.9% |
| 55725 | Crane Lake | $1,110 | -8.0% |
| 55731 | Ely | $1,150 | -4.7% |
| 55732 | Embarrass | $1,110 | -8.0% |
| 55734 | Eveleth | $1,110 | -8.0% |
| 55736 | Floodwood | $1,110 | -8.0% |
| 55738 | Forbes | $1,110 | -8.0% |
| 55741 | Gilbert | $1,110 | -8.0% |
| 55746 | Hibbing | $1,110 | -8.0% |
| 55747 | Hibbing | $1,207County rate | — |
| 55750 | Hoyt Lakes | $1,230 | +1.9% |
| 55751 | Iron | $1,110 | -8.0% |
| 55758 | Kinney | $1,160 | -3.9% |
| 55763 | Makinen | $1,110 | -8.0% |
| 55765 | Meadowlands | $1,110 | -8.0% |
| 55766 | Melrude | $1,207County rate | — |
| 55768 | Mountain Iron | $1,150 | -4.7% |
| 55771 | Orr | $1,110 | -8.0% |
| 55772 | Nett Lake | $1,110 | -8.0% |
| 55777 | Virginia | $1,207County rate | — |
| 55779 | Saginaw | $1,810 | +50.0% |
| 55781 | Side Lake | $1,600 | +32.6% |
| 55782 | Soudan | $1,110 | -8.0% |
| 55790 | Tower | $1,110 | -8.0% |
| 55791 | Twig | $1,207County rate | — |
| 55792 | Virginia | $1,110 | -8.0% |
| 55796 | Winton | $1,150 | -4.7% |
| 55801 | Duluth | $1,207County rate | — |
Counties sharing the Duluth metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,207 two-bedroom figure as St. Louis.
Nearby counties
Two-bedroom FMR, with how each compares to St. Louis.
Lake County
45 mi · 10,879 people
$1,358
+13%
Carlton County
49 mi · 36,518 people
$1,207
same rate
Itasca County
53 mi · 45,275 people
$1,164
-4%
Aitkin County
65 mi · 16,056 people
$1,048
-13%
Pine County
86 mi · 29,640 people
$1,096
-9%
Cass County
93 mi · 30,992 people
$1,014
-16%
Koochiching County
95 mi · 11,833 people
$1,014
-16%
Cook County
97 mi · 5,635 people
$1,022
-15%
Questions people ask
$1,207 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $841 for a studio, $961 for one bedroom, $1,671 for three and $2,017 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 St. Louis actually go for?
HUD's number is one input. Search any address in St. Louis for a rent estimate built from nearby comps. Free to start, no card.
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