Ramsey County, MN

2024 Fair Market Rents

Tags: 2024 Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

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The top one largest cities in Ramsey County are Saint Paul. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Ramsey County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Ramsey County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Ramsey County compare?

Ramsey County ($1,622) has a 52.3% higher FMR for 2-Bedroom housing than the average of Minnesota ($1,065) and therefore a higher gross rent.

Ramsey County is rank 1st out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Ramsey County is the most expensive county in terms of FMRs.

Rent Tables Ramsey County, MN

Fair Market Rent (40th Percentile)

$1,174
studio
$1,327
1-Bedroom
$1,622
2-Bedroom
$2,188
3-Bedroom
$2,478
4-Bedroom

Median Rent (50th Percentile)

$1,271
studio
$1,436
1-Bedroom
$1,756
2-Bedroom
$2,369
3-Bedroom
$2,683
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55101 $0 $1,570 $1,920 $2,590 $2,930
55102 $0 $1,420 $1,740 $2,350 $2,660
55103 $0 $1,050 $1,280 $1,730 $1,990
55104 $0 $1,200 $1,470 $1,980 $2,250
55105 $0 $1,320 $1,610 $2,170 $2,460
55106 $0 $1,100 $1,340 $1,810 $2,050
55108 $0 $1,390 $1,700 $2,290 $2,600
55113 $0 $1,290 $1,580 $2,130 $2,410
55114 $0 $1,490 $1,820 $2,450 $2,780
55116 $0 $1,280 $1,570 $2,120 $2,400
55117 $0 $1,190 $1,450 $1,960 $2,220
55119 $0 $1,240 $1,510 $2,040 $2,310
55125 $0 $1,620 $1,980 $2,670 $3,030
55127 $0 $1,490 $1,820 $2,450 $2,780
55128 $0 $1,280 $1,570 $2,120 $2,400
55130 $0 $1,100 $1,340 $1,810 $2,050
55155 $0 $1,230 $1,500 $2,020 $2,290
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55101 $1,251 $1,413 $1,728 $2,331 $2,637
55102 $1,134 $1,278 $1,566 $2,115 $2,394
55103 $837 $945 $1,152 $1,557 $1,791
55104 $954 $1,080 $1,323 $1,782 $2,025
55105 $1,053 $1,188 $1,449 $1,953 $2,214
55106 $873 $990 $1,206 $1,629 $1,845
55108 $1,107 $1,251 $1,530 $2,061 $2,340
55113 $1,026 $1,161 $1,422 $1,917 $2,169
55114 $1,188 $1,341 $1,638 $2,205 $2,502
55116 $1,026 $1,152 $1,413 $1,908 $2,160
55117 $945 $1,071 $1,305 $1,764 $1,998
55119 $981 $1,116 $1,359 $1,836 $2,079
55125 $1,287 $1,458 $1,782 $2,403 $2,727
55127 $1,188 $1,341 $1,638 $2,205 $2,502
55128 $1,026 $1,152 $1,413 $1,908 $2,160
55130 $873 $990 $1,206 $1,629 $1,845
55155 $981 $1,107 $1,350 $1,818 $2,061
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55101 $1,529 $1,727 $2,112 $2,849 $3,223
55102 $1,386 $1,562 $1,914 $2,585 $2,926
55103 $1,023 $1,155 $1,408 $1,903 $2,189
55104 $1,166 $1,320 $1,617 $2,178 $2,475
55105 $1,287 $1,452 $1,771 $2,387 $2,706
55106 $1,067 $1,210 $1,474 $1,991 $2,255
55108 $1,353 $1,529 $1,870 $2,519 $2,860
55113 $1,254 $1,419 $1,738 $2,343 $2,651
55114 $1,452 $1,639 $2,002 $2,695 $3,058
55116 $1,254 $1,408 $1,727 $2,332 $2,640
55117 $1,155 $1,309 $1,595 $2,156 $2,442
55119 $1,199 $1,364 $1,661 $2,244 $2,541
55125 $1,573 $1,782 $2,178 $2,937 $3,333
55127 $1,452 $1,639 $2,002 $2,695 $3,058
55128 $1,254 $1,408 $1,727 $2,332 $2,640
55130 $1,067 $1,210 $1,474 $1,991 $2,255
55155 $1,199 $1,353 $1,650 $2,222 $2,519

Fair Market Rents on this page apply to the following city in Ramsey County, Minnesota: Saint Paul.

These Fair Market Rents also apply to the following ZIP code in Ramsey County, Minnesota: 55125, 55106, 55113, 55119, 55117, 55104, 55128, 55105, 55116, 55127, 55102, 55108, 55130, 55103, 55101, 55114, 55144, 55146, and 55155.

Ramsey County, MN is considered part of the following metro FMR area: MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Anoka County, MN, Wright County, MN, Washington County, MN, Sherburne County, MN, Scott County, MN, Isanti County, MN, Hennepin County, MN, Dakota County, MN, Chisago County, MN, and Carver County, MN.

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Fair Market Rents are published by the Department of Housing And Urban Development.