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Metro FMR area · MN, WI · HUD FY 2027

Minneapolis-St. Paul-Bloomington, MN-WI Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Minneapolis-St. Paul-Bloomington, MN-WI area is $1,734 a month, 15% above the Minnesota average and 2% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 246 ZIP codes range from $1,540 to $2,600.

  • $1,7342-bedroom FMR+$25 (+1.5%) vs FY 2026
  • $1,4271-bedroom FMRU.S.: $1,478
  • $69,360Income for a 2-bedroomat 30% of income
  • 3,657,430Residents13 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,734/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Minneapolis-St. Paul-Bloomington, MN-WI FMR$1,734$69,360–
Minnesota average$1,507$60,295–
U.S. average$1,761$70,432–
Minneapolis-St. Paul-Bloomington, MN-WI Fair Market Rents, FY 2027 vs FY 2026
UnitMinneapolis-St. Paul-Bloomington, MN-WI FY 2027FY 2026ChangeMinnesota avgU.S. avgIncome needed
Studio$1,265$1,242+$23 (+1.9%)$1,102$1,379$50,600
1 bedroom$1,427$1,405+$22 (+1.6%)$1,231$1,478$57,080
2 bedrooms$1,734$1,709+$25 (+1.5%)$1,507$1,761$69,360
3 bedrooms$2,264$2,262+$2 (+0.1%)$1,980$2,266$90,560
4 bedrooms$2,538$2,531+$7 (+0.3%)$2,243$2,607$101,520

Counties in this FMR area

Counties in the Minneapolis-St. Paul-Bloomington, MN-WI FMR area
CountyResidents in area
Anoka County, MN370,349
Carver County, MN110,041
Chisago County, MN57,991
Dakota County, MN445,771
Hennepin County, MN1,269,496
Isanti County, MN42,596
Ramsey County, MN542,945
Scott County, MN154,557
Sherburne County, MN100,560
Washington County, MN276,238
Wright County, MN148,269
Pierce County, WI42,584
St. Croix County, WI96,033

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,670.

FY 2027 Small Area Fair Market Rents, Minneapolis-St. Paul-Bloomington, MN-WI
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
54002$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54003$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54005$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54007$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54011$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54013$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54014$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54015$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54016$1,230$1,390$1,690$2,210$2,470−$20 (−1.2%)3% below
54017$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54020$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54021$1,120$1,270$1,540$2,040$2,280−$10 (−0.6%)11% below
54022$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54023$1,400$1,580$1,920$2,510$2,810−$80 (−4.0%)11% above
54025$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54026$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54027$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54028$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54082$1,140$1,290$1,570$2,050$2,300+$20 (+1.3%)9% below
54721$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54723$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54734$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54740$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54749$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54750$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54751$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54759$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54761$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54767$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
54769$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55001$1,290$1,460$1,770$2,320$2,600no change2% above
55003$1,170$1,330$1,610$2,100$2,360+$20 (+1.3%)7% below
55005$1,530$1,730$2,100$2,740$3,070−$20 (−0.9%)21% above
55006$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55008$1,160$1,310$1,590$2,080$2,330+$40 (+2.6%)8% below
55009$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55010$1,340$1,510$1,830$2,390$2,680+$30 (+1.7%)6% above
55011$1,590$1,790$2,180$2,850$3,190+$20 (+0.9%)26% above
55012$1,120$1,270$1,540$2,040$2,280−$30 (−1.9%)11% below
55013$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55014$1,360$1,530$1,860$2,430$2,720+$20 (+1.1%)7% above
55016$1,520$1,710$2,080$2,720$3,040−$20 (−1.0%)20% above
55017$1,620$1,830$2,230$2,950$3,300−$240 (−9.7%)29% above
55018$1,160$1,350$1,650$2,250$2,750+$10 (+0.6%)5% below
55020$1,570$1,770$2,150$2,800$3,150+$10 (+0.5%)24% above
55024$1,270$1,430$1,740$2,270$2,550+$40 (+2.4%)about the same as
55025$1,250$1,420$1,720$2,250$2,520+$40 (+2.4%)1% below
55029$1,160$1,310$1,590$2,080$2,330+$40 (+2.6%)8% below
55031$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55032$1,170$1,330$1,620$2,140$2,390−$170 (−9.5%)7% below
55033$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55038$1,560$1,760$2,140$2,790$3,130−$60 (−2.7%)23% above
55040$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55042$1,320$1,490$1,810$2,370$2,660+$40 (+2.3%)4% above
55043$1,370$1,550$1,880$2,450$2,750+$40 (+2.2%)8% above
55044$1,580$1,790$2,170$2,830$3,180−$10 (−0.5%)25% above
55045$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55047$1,900$2,140$2,600$3,390$3,810+$40 (+1.6%)50% above
55054$1,850$2,080$2,530$3,300$3,700+$40 (+1.6%)46% above
55055$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55056$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55057$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55065$1,390$1,570$1,910$2,490$2,800+$30 (+1.6%)10% above
55068$1,430$1,610$1,960$2,560$2,870−$30 (−1.5%)13% above
55069$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55070$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55071$1,790$2,020$2,450$3,200$3,590+$120 (+5.2%)41% above
55073$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55074$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55075$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55076$1,200$1,360$1,650$2,150$2,410−$20 (−1.2%)5% below
55077$1,310$1,480$1,800$2,350$2,630+$40 (+2.3%)4% above
55079$1,380$1,560$1,890$2,470$2,770+$100 (+5.6%)9% above
55080$1,120$1,270$1,540$2,070$2,340−$170 (−9.9%)11% below
55082$1,240$1,400$1,700$2,220$2,490+$40 (+2.4%)2% below
55083$1,470$1,650$2,010$2,620$2,940+$10 (+0.5%)16% above
55084$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55085$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55088$1,120$1,270$1,540$2,040$2,280no change11% below
55089$1,210$1,430$1,730$2,360$2,840+$210 (+13.8%)about the same as
55090$1,510$1,700$2,070$2,700$3,030−$80 (−3.7%)19% above
55092$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55101$1,440$1,630$1,980$2,590$2,900−$60 (−2.9%)14% above
55102$1,270$1,430$1,740$2,270$2,550−$30 (−1.7%)about the same as
55103$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55104$1,160$1,310$1,590$2,080$2,330+$60 (+3.9%)8% below
55105$1,210$1,370$1,660$2,170$2,430+$20 (+1.2%)4% below
55106$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55107$1,220$1,370$1,670$2,180$2,440+$70 (+4.4%)4% below
55108$1,260$1,420$1,730$2,260$2,530no changeabout the same as
55109$1,200$1,350$1,640$2,140$2,400+$20 (+1.2%)5% below
55110$1,340$1,510$1,830$2,390$2,680+$10 (+0.5%)6% above
55111$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55112$1,190$1,340$1,630$2,130$2,390+$60 (+3.8%)6% below
55113$1,280$1,450$1,760$2,300$2,580+$60 (+3.5%)1% above
55114$1,420$1,600$1,950$2,550$2,850−$10 (−0.5%)12% above
55115$1,510$1,700$2,070$2,700$3,030−$80 (−3.7%)19% above
55116$1,290$1,460$1,770$2,310$2,590+$50 (+2.9%)2% above
55117$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55118$1,180$1,330$1,620$2,120$2,370+$70 (+4.5%)7% below
55119$1,190$1,340$1,630$2,130$2,390+$30 (+1.9%)6% below
55120$1,360$1,540$1,870$2,440$2,740+$350 (+23.0%)8% above
55121$1,430$1,610$1,960$2,560$2,870+$80 (+4.3%)13% above
55122$1,340$1,510$1,840$2,400$2,690+$30 (+1.7%)6% above
55123$1,400$1,580$1,920$2,510$2,810+$20 (+1.1%)11% above
55124$1,490$1,680$2,040$2,660$2,990+$80 (+4.1%)18% above
55125$1,620$1,830$2,220$2,900$3,250−$10 (−0.4%)28% above
55126$1,390$1,570$1,910$2,490$2,800+$90 (+4.9%)10% above
55127$1,460$1,650$2,000$2,610$2,930+$60 (+3.1%)15% above
55128$1,290$1,460$1,770$2,310$2,590+$70 (+4.1%)2% above
55129$1,690$1,900$2,310$3,020$3,380−$10 (−0.4%)33% above
55130$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55150$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55155$1,170$1,320$1,600$2,090$2,340+$20 (+1.3%)8% below
55301$1,310$1,480$1,800$2,350$2,630−$70 (−3.7%)4% above
55302$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55303$1,230$1,390$1,690$2,210$2,470+$40 (+2.4%)3% below
55304$1,460$1,650$2,000$2,610$2,930−$80 (−3.8%)15% above
55305$1,550$1,750$2,130$2,780$3,120+$10 (+0.5%)23% above
55306$1,420$1,600$1,940$2,530$2,840+$20 (+1.0%)12% above
55308$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55309$1,310$1,480$1,800$2,350$2,630+$20 (+1.1%)4% above
55311$1,630$1,840$2,240$2,920$3,280no change29% above
55313$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55315$1,260$1,420$1,730$2,260$2,530+$30 (+1.8%)about the same as
55316$1,420$1,600$1,950$2,550$2,850+$40 (+2.1%)12% above
55317$1,560$1,760$2,140$2,790$3,130+$30 (+1.4%)23% above
55318$1,310$1,470$1,790$2,340$2,620+$60 (+3.5%)3% above
55319$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55320$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55321$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55322$1,200$1,350$1,640$2,140$2,400+$20 (+1.2%)5% below
55323$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55325$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55327$1,140$1,280$1,560$2,040$2,280−$20 (−1.3%)10% below
55328$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55330$1,220$1,370$1,670$2,180$2,440+$70 (+4.4%)4% below
55331$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55337$1,360$1,540$1,870$2,440$2,740+$50 (+2.7%)8% above
55338$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55339$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55340$1,370$1,540$1,880$2,450$2,750−$160 (−7.8%)8% above
55341$1,140$1,280$1,560$2,040$2,280+$40 (+2.6%)10% below
55343$1,380$1,560$1,890$2,470$2,770+$90 (+5.0%)9% above
55344$1,550$1,750$2,130$2,780$3,120+$50 (+2.4%)23% above
55345$1,390$1,570$1,910$2,490$2,800−$10 (−0.5%)10% above
55346$1,660$1,870$2,270$2,960$3,320+$10 (+0.4%)31% above
55347$1,740$1,970$2,390$3,120$3,500+$20 (+0.8%)38% above
55349$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55352$1,120$1,270$1,540$2,040$2,280+$10 (+0.7%)11% below
55356$1,620$1,830$2,220$2,900$3,250+$30 (+1.4%)28% above
55357$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55358$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55359$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55360$1,280$1,440$1,750$2,290$2,560−$80 (−4.4%)1% above
55361$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55362$1,240$1,400$1,700$2,220$2,490+$10 (+0.6%)2% below
55363$1,240$1,400$1,700$2,220$2,490+$140 (+9.0%)2% below
55364$1,150$1,300$1,580$2,060$2,310−$20 (−1.2%)9% below
55367$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55368$1,130$1,280$1,550$2,040$2,280no change11% below
55369$1,580$1,780$2,160$2,820$3,160−$20 (−0.9%)25% above
55371$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55372$1,280$1,440$1,750$2,290$2,560+$40 (+2.3%)1% above
55373$1,120$1,270$1,540$2,040$2,280+$10 (+0.7%)11% below
55374$1,430$1,610$1,960$2,560$2,870+$120 (+6.5%)13% above
55375$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55376$1,180$1,330$1,620$2,120$2,370+$100 (+6.6%)7% below
55378$1,480$1,670$2,030$2,650$2,970−$10 (−0.5%)17% above
55379$1,380$1,560$1,890$2,470$2,770+$30 (+1.6%)9% above
55381$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55382$1,210$1,360$1,680$2,230$2,540+$90 (+5.7%)3% below
55384$1,120$1,270$1,540$2,040$2,280+$10 (+0.7%)11% below
55386$1,900$2,140$2,600$3,390$3,810+$40 (+1.6%)50% above
55387$1,220$1,370$1,670$2,180$2,440+$40 (+2.5%)4% below
55388$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55390$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55391$1,430$1,610$1,960$2,560$2,870+$10 (+0.5%)13% above
55395$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55397$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55398$1,150$1,300$1,580$2,060$2,310−$30 (−1.9%)9% below
55401$1,900$2,140$2,600$3,390$3,810+$40 (+1.6%)50% above
55402$1,490$1,680$2,040$2,660$2,990−$110 (−5.1%)18% above
55403$1,280$1,450$1,760$2,300$2,580+$60 (+3.5%)1% above
55404$1,190$1,340$1,630$2,130$2,390+$50 (+3.2%)6% below
55405$1,120$1,270$1,540$2,040$2,280−$90 (−5.5%)11% below
55406$1,250$1,410$1,710$2,230$2,500+$70 (+4.3%)1% below
55407$1,140$1,280$1,560$2,040$2,280+$40 (+2.6%)10% below
55408$1,440$1,630$1,980$2,590$2,900+$70 (+3.7%)14% above
55409$1,200$1,360$1,650$2,150$2,410no change5% below
55410$1,490$1,680$2,040$2,660$2,990+$60 (+3.0%)18% above
55411$1,230$1,390$1,690$2,210$2,470+$70 (+4.3%)3% below
55412$1,290$1,460$1,770$2,310$2,590+$10 (+0.6%)2% above
55413$1,420$1,600$1,950$2,550$2,850+$120 (+6.6%)12% above
55414$1,240$1,400$1,700$2,220$2,490no change2% below
55415$1,750$1,980$2,400$3,130$3,510−$100 (−4.0%)38% above
55416$1,660$1,880$2,280$2,980$3,340+$120 (+5.6%)31% above
55417$1,250$1,420$1,720$2,250$2,520+$30 (+1.8%)1% below
55418$1,350$1,520$1,850$2,420$2,710+$130 (+7.6%)7% above
55419$1,370$1,550$1,880$2,450$2,750+$40 (+2.2%)8% above
55420$1,160$1,310$1,590$2,080$2,330no change8% below
55421$1,170$1,330$1,610$2,100$2,360+$80 (+5.2%)7% below
55422$1,380$1,560$1,890$2,470$2,770+$70 (+3.8%)9% above
55423$1,270$1,430$1,740$2,270$2,550+$80 (+4.8%)about the same as
55424$1,670$1,880$2,290$2,990$3,350+$40 (+1.8%)32% above
55425$1,340$1,510$1,840$2,400$2,690+$50 (+2.8%)6% above
55426$1,340$1,510$1,830$2,390$2,680+$50 (+2.8%)6% above
55427$1,300$1,460$1,780$2,320$2,610+$40 (+2.3%)3% above
55428$1,150$1,300$1,580$2,060$2,310+$20 (+1.3%)9% below
55429$1,120$1,270$1,540$2,040$2,280−$10 (−0.6%)11% below
55430$1,210$1,370$1,660$2,170$2,430+$10 (+0.6%)4% below
55431$1,520$1,720$2,090$2,730$3,060−$10 (−0.5%)21% above
55432$1,170$1,320$1,600$2,090$2,340+$10 (+0.6%)8% below
55433$1,250$1,410$1,710$2,230$2,500+$70 (+4.3%)1% below
55434$1,530$1,730$2,100$2,740$3,070+$40 (+1.9%)21% above
55435$1,550$1,750$2,130$2,780$3,120+$20 (+0.9%)23% above
55436$1,590$1,790$2,180$2,850$3,190+$80 (+3.8%)26% above
55437$1,420$1,600$1,940$2,530$2,840no change12% above
55438$1,360$1,540$1,870$2,440$2,740+$10 (+0.5%)8% above
55439$1,450$1,640$1,990$2,600$2,910+$20 (+1.0%)15% above
55440$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55441$1,380$1,560$1,890$2,470$2,770+$30 (+1.6%)9% above
55442$1,610$1,810$2,200$2,870$3,220+$70 (+3.3%)27% above
55443$1,150$1,290$1,570$2,050$2,300no change9% below
55444$1,270$1,430$1,740$2,270$2,550+$90 (+5.5%)about the same as
55445$1,820$2,060$2,500$3,260$3,660−$60 (−2.3%)44% above
55446$1,670$1,880$2,290$2,990$3,350+$50 (+2.2%)32% above
55447$1,490$1,680$2,040$2,660$2,990−$20 (−1.0%)18% above
55448$1,510$1,700$2,070$2,700$3,030+$10 (+0.5%)19% above
55449$1,530$1,730$2,100$2,740$3,070−$40 (−1.9%)21% above
55450$1,170$1,310$1,600$2,110$2,360−$170 (−9.6%)8% below
55454$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
55455$1,140$1,280$1,560$2,040$2,280+$20 (+1.3%)10% below
55458$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55474$1,310$1,470$1,790$2,340$2,620n/a3% above
55479$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55480$1,310$1,470$1,790$2,340$2,620+$20 (+1.1%)3% above
55487$1,310$1,470$1,790$2,340$2,620n/a3% above
56011$1,170$1,320$1,610$2,110$2,380+$90 (+5.9%)7% below
56044$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
56071$1,130$1,270$1,550$2,070$2,330+$30 (+2.0%)11% below
56304$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
56329$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
56353$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
56358$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below
56379$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)11% below

Sources

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.