Section 8 Fair Market Rent (FMR) for ZIP 56341 - 2027

Location: Douglas County, MN | Metro: Douglas County, MN

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$770
1 Bedroom$790
2 Bedrooms$1,030
3 Bedrooms$1,430
4 Bedrooms$1,500
5 Bedrooms$1,740
6 Bedrooms$1,949
7 Bedrooms$2,105
8 Bedrooms$2,210

The ZIP code 56341, located in Holmes City, MN, within Douglas County, is suitable for inclusion in a Section 8 portfolio strategy as a cash-flow anchor. Given the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $990, this figure serves as a benchmark for rental pricing in the area.

Despite the lack of specific market rental price and median home value data for ZIP 56341, the FMR provides a reliable guideline for ensuring consistent cash flow. Landlords and small-portfolio investors can rely on this FMR to maintain steady rental income, even if market conditions fluctuate. This makes ZIP 56341 a dependable choice for those seeking stability within their investment properties.

The absence of recent appreciation data suggests that ZIP 56341 is not currently a prime location for capital appreciation plays. Similarly, without precise figures on renter share and median income, it's challenging to position this ZIP code as a diversifier. However, the FMR's fixed nature allows investors to plan long-term cash flows effectively, making it a solid choice for securing predictable returns.

To further refine the strategy, investors should monitor the broader Douglas County and MN metro trends for any shifts that could impact the performance of ZIP 56341 properties. While appreciation and diversification opportunities may be limited, the consistent cash flow provided by Section 8 vouchers ensures a stable anchor within a varied investment portfolio.

Data Sources: FMR data from HUD (2027).

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.