The median 2 bedroom fair market rent across Carver County's 12 tracked ZIP codes is $1,630 for FY2026, and typical market asking rent runs around $2,185. Rents here moved +4.1 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55386 | Victoria | $2,560 | +1.2% | $2,317 |
| 55317 | Chanhassen | $2,110 | +0.5% | $2,185 |
| 55360 | Mayer | $1,830 | +9.6% | |
| 55318 | Chaska | $1,730 | +1.2% | $1,976 |
| 55315 | Carver | $1,700 | +1.2% | |
| 55387 | Waconia | $1,630 | +2.5% | $1,895 |
| 55322 | Cologne | $1,620 | +1.2% | |
| 55368 | Norwood Young America | $1,550 | +6.2% | |
| 55339 | Hamburg | $1,520 | +4.1% | |
| 55367 | New Germany | $1,520 | +4.1% | |
| 55388 | Watertown | $1,520 | +4.1% | |
| 55397 | Young America | $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 Carver County's 12 tracked ZIP codes is $1,630 for FY2026. Typical market asking rent runs around $2,185 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Mayer 55360 saw the biggest increase, +9.6 percent year over year. Chanhassen 55317 saw the biggest decrease, +0.5 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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