Fair Market Rents: Hennepin County, MN (FY2026)
HUD's FY2026 Fair Market Rents for Hennepin County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | MN median* |
|---|---|---|
| Studio (0-BR) | $1,242/mo | $727 (+71%) |
| 1 Bedroom | $1,405/mo | $833 (+69%) |
| 2 Bedrooms | $1,709/mo | $999 (+71%) |
| 3 Bedrooms | $2,262/mo | $1,353 (+67%) |
| 4+ Bedrooms | $2,531/mo | $1,573 (+61%) |
*Median across all FMR-publishing counties in MN. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Hennepin County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Hennepin County
We track 348 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Bloomington | 20 | 1,252 |
| Brooklyn Center | 7 | 597 |
| Brooklyn Park | 6 | 851 |
| Champlin | 5 | 451 |
| Crystal | 3 | 75 |
| Eden Prairie | 8 | 775 |
| Edina | 9 | 624 |
| Golden Valley | 10 | 460 |
| Hopkins | 7 | 474 |
| Minneapolis | 216 | 22,841 |
| Minnetonka | 11 | 872 |
| Mound | 3 | 87 |
| New Hope | 6 | 320 |
| Plymouth | 11 | 694 |
| Richfield | 5 | 285 |
| Robbinsdale | 7 | 341 |
| Rogers | 4 | 85 |
| Saint Anthony | 3 | 218 |
| Saint Louis Park | 7 | 578 |