Section 8 Fair Market Rent (FMR) for ZIP 55443 - 2027

Location: Minneapolis-St. Paul-Bloomington, MN | Metro: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

Investment Score for ZIP 55443

F
Monthly Rent (2BR)
$1,570
Median Price (2BR)
$293,114
1% Rule
0.54%
Annual Yield
6.43%

Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$1,150
1 Bedroom$1,290
2 Bedrooms$1,570
3 Bedrooms$2,050
4 Bedrooms$2,300
5 Bedrooms$2,668
6 Bedrooms$2,988
7 Bedrooms$3,227
8 Bedrooms$3,388

Investment Analysis by Bedroom Size

Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)

Bedrooms Monthly FMR Median Price 1% Rule Grade
2BR $1,570 $293,114 0.54% F
3BR $2,050 $358,264 0.57% F
4BR $2,300 $454,303 0.51% F
5BR $2,668 $508,110 0.53% F

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
33,660
Median Household Income
$95,082
Housing Units
12,313
Renter Percentage
27.4%
Occupancy Rate
96.8%
Renter Occupied
3,265

ZIP 55443, located in Brooklyn Park, MN, within the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, presents an opportunity for a Section 8 cash-flow anchor in your real estate investment portfolio. The Family Monthly Rent (FMR) for FY 2024 is set at $1610, which is $115 higher than the market average of $1495. This positive spread ensures that landlords can maintain steady cash flow by renting to tenants who receive Section 8 vouchers.

The median home value in ZIP 55443 stands at $379,938. While this figure is relatively high compared to some other areas, the guaranteed rental income from Section 8 tenants helps mitigate risks associated with property value fluctuations. The FMR is adjusted annually to reflect changes in housing costs, providing a reliable income stream that keeps pace with inflation and local market conditions.

This ZIP code also offers a stable environment for long-term investments. With a price-cut share of only 0.2%, it indicates that properties here generally hold their value without significant discounts needed to sell. Additionally, the days on market (DOM) average of 46 days suggests a healthy sales cycle where properties are typically sold within a reasonable timeframe.

A key factor supporting the cash-flow anchor strategy is the 27.4% renter share in the area. This substantial portion of renters ensures a consistent demand for rental properties. Coupled with the median household income of $95,082, it shows that there is financial stability among residents, reducing the risk of default or non-payment by Section 8 tenants.

In conclusion, ZIP 55443 serves as an ideal cash-flow anchor within a Section 8 portfolio strategy due to its favorable spread between FMR and market rents, stable property values, and strong tenant demand supported by a robust local economy.

Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.