Minnesota · FIPS 27049 · HUD FY 2027
Goodhue County, Minnesota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Goodhue County is $1,172 a month (rent plus utilities), 22% below the Minnesota average of $1,507 and 33% below the U.S. average of $1,761. That is up $77 (7.0%) from FY 2026. At 30% of income, a household needs about $46,880 a year to afford it.
- $1,1722-bedroom FMR+$77 (+7.0%) vs FY 2026
- $9661-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
- $46,880Income for a 2-bedroom$23/hour full-time
- 25 of 872BR rank in Minnesota1 = highest rent
| Unit | Goodhue County FY 2027 | FY 2026 | Change | Minnesota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $816 | $755 | +$61 (+8.1%) | $1,102 | $1,379 | $32,640 |
| 1 bedroom | $966 | $901 | +$65 (+7.2%) | $1,231 | $1,478 | $38,640 |
| 2 bedrooms | $1,172 | $1,095 | +$77 (+7.0%) | $1,507 | $1,761 | $46,880 |
| 3 bedrooms | $1,613 | $1,523 | +$90 (+5.9%) | $1,980 | $2,266 | $64,520 |
| 4 bedrooms | $1,959 | $1,837 | +$122 (+6.6%) | $2,243 | $2,607 | $78,360 |
How Goodhue County compares
- Goodhue County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Minnesota, 2-bedroom FMRs run from $1,014 (Yellow Medicine County) to $1,734 (Anoka County).
- Studio to 4-bedroom: $816, $966, $1,172, $1,613, $1,959. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 10 ZIP codes mostly in Goodhue County (by land area), the 2-bedroom figure ranges from $1,010 to $1,760.
Small Area FMRs by ZIP code in Goodhue County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 55009 | $1,120 | $1,270 | $1,540 | $2,040 | $2,280 | +$20 (+1.3%) | 31% above |
| 55018 | $1,160 | $1,350 | $1,650 | $2,250 | $2,750 | +$10 (+0.6%) | 41% above |
| 55026 | $1,230 | $1,450 | $1,760 | $2,420 | $2,940 | +$120 (+7.3%) | 50% above |
| 55027 | $920 | $1,080 | $1,310 | $1,800 | $2,180 | +$40 (+3.1%) | 12% above |
| 55066 | $840 | $1,000 | $1,210 | $1,670 | $2,020 | +$60 (+5.2%) | 3% above |
| 55089 | $1,210 | $1,430 | $1,730 | $2,360 | $2,840 | +$210 (+13.8%) | 48% above |
| 55946 | $1,010 | $1,080 | $1,270 | $1,770 | $2,130 | +$60 (+5.0%) | 8% above |
| 55963 | $1,010 | $1,080 | $1,270 | $1,770 | $2,130 | +$60 (+5.0%) | 8% above |
| 55983 | $710 | $840 | $1,010 | $1,410 | $1,700 | +$40 (+4.1%) | 14% below |
| 55992 | $710 | $840 | $1,010 | $1,410 | $1,700 | +$40 (+4.1%) | 14% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
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.