The median 2 bedroom fair market rent across Anoka County's 12 tracked ZIP codes is $2,060 for FY2026, and typical market asking rent runs around $1,806. Rents here moved +1.9 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55011 | Cedar | $2,160 | +4.3% | |
| 55449 | Minneapolis | $2,140 | -3.2% | $2,405 |
| 55005 | Bethel | $2,120 | +9.3% | |
| 55304 | Andover | $2,080 | -3.3% | $2,759 |
| 55434 | Minneapolis | $2,060 | +5.1% | $1,979 |
| 55448 | Minneapolis | $2,060 | +0.5% | $1,886 |
| 55014 | Circle Pines | $1,840 | +0.5% | $1,806 |
| 55303 | Anoka | $1,650 | +1.9% | $1,615 |
| 55433 | Minneapolis | $1,640 | +1.2% | $1,655 |
| 55432 | Minneapolis | $1,590 | +1.9% | $1,453 |
| 55421 | Minneapolis | $1,530 | +2.0% | $1,575 |
| 55070 | Saint Francis | $1,520 | +4.1% |
FMR is the HUD Fair Market Rent for each ZIP, the 40th percentile of gross rents. Market rent is the latest Zillow ZORI where Zillow covers that ZIP.
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The median 2 bedroom HUD fair market rent across Anoka County's 12 tracked ZIP codes is $2,060 for FY2026. Typical market asking rent runs around $1,806 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Bethel 55005 saw the biggest increase, +9.3 percent year over year. Andover 55304 saw the biggest decrease, -3.3 percent.
Fair Market Rent is HUD's estimate of the 40th percentile gross rent for a ZIP code. It sets Section 8 payment standards, so it is the rent a voucher will support there. Investors use it as a conservative floor when underwriting rental income.
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