Washington County, MN

2024 Fair Market Rents

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

Return to the state page to see where Minnesota ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Washington County are Stillwater, Cottage Grove, Saint Paul, and Lake Elmo. 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 Washington County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Washington 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 Washington County compare?

Washington 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.

Washington 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. Washington County is the most expensive county in terms of FMRs.

Rent Tables Washington 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
55001 $1,250 $1,410 $1,720 $2,320 $2,630
55003 $1,040 $1,180 $1,440 $1,940 $2,200
55016 $1,460 $1,650 $2,020 $2,720 $3,090
55042 $1,210 $1,370 $1,670 $2,250 $2,550
55043 $1,240 $1,400 $1,710 $2,310 $2,610
55047 $1,760 $1,990 $2,430 $3,280 $3,710
55055 $960 $1,090 $1,330 $1,790 $2,030
55071 $1,380 $1,560 $1,910 $2,580 $2,920
55082 $1,150 $1,300 $1,590 $2,140 $2,430
55083 $1,360 $1,540 $1,880 $2,540 $2,870
55090 $1,460 $1,650 $2,020 $2,720 $3,090
55115 $1,460 $1,650 $2,020 $2,720 $3,090
55129 $1,740 $1,970 $2,410 $3,250 $3,680
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55001 $1,125 $1,269 $1,548 $2,088 $2,367
55003 $936 $1,062 $1,296 $1,746 $1,980
55016 $1,314 $1,485 $1,818 $2,448 $2,781
55042 $1,089 $1,233 $1,503 $2,025 $2,295
55043 $1,116 $1,260 $1,539 $2,079 $2,349
55047 $1,584 $1,791 $2,187 $2,952 $3,339
55055 $864 $981 $1,197 $1,611 $1,827
55071 $1,242 $1,404 $1,719 $2,322 $2,628
55082 $1,035 $1,170 $1,431 $1,926 $2,187
55083 $1,224 $1,386 $1,692 $2,286 $2,583
55090 $1,314 $1,485 $1,818 $2,448 $2,781
55115 $1,314 $1,485 $1,818 $2,448 $2,781
55129 $1,566 $1,773 $2,169 $2,925 $3,312
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55001 $1,375 $1,551 $1,892 $2,552 $2,893
55003 $1,144 $1,298 $1,584 $2,134 $2,420
55016 $1,606 $1,815 $2,222 $2,992 $3,399
55042 $1,331 $1,507 $1,837 $2,475 $2,805
55043 $1,364 $1,540 $1,881 $2,541 $2,871
55047 $1,936 $2,189 $2,673 $3,608 $4,081
55055 $1,056 $1,199 $1,463 $1,969 $2,233
55071 $1,518 $1,716 $2,101 $2,838 $3,212
55082 $1,265 $1,430 $1,749 $2,354 $2,673
55083 $1,496 $1,694 $2,068 $2,794 $3,157
55090 $1,606 $1,815 $2,222 $2,992 $3,399
55115 $1,606 $1,815 $2,222 $2,992 $3,399
55129 $1,914 $2,167 $2,651 $3,575 $4,048

Fair Market Rents on this page apply to the following cities in Washington County, Minnesota: Stillwater, Cottage Grove, Saint Paul, Lake Elmo, Saint Paul Park, Lakeland, Afton, Newport, Marine On Saint Croix, Bayport, and Willernie.

These Fair Market Rents also apply to the following ZIP codes in Washington County, Minnesota: 55082, 55016, 55129, 55115, 55042, 55071, 55043, 55001, 55055, 55047, 55003, 55090, and 55083.

Washington 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, Carver County, MN, Chisago County, MN, Dakota County, MN, Hennepin County, MN, Isanti County, MN, Ramsey County, MN, Scott County, MN, Sherburne County, MN, and Wright County, MN.

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