The median 2 bedroom fair market rent across Ramsey County's 20 tracked ZIP codes is $1,640 for FY2026, and typical market asking rent runs around $1,522. Rents here moved +4.1 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55101 | Saint Paul | $2,040 | +0.5% | $1,576 |
| 55114 | Saint Paul | $1,960 | +1.0% | $1,618 |
| 55127 | Saint Paul | $1,940 | +2.1% | $1,862 |
| 55110 | Saint Paul | $1,820 | +15.9% | $1,866 |
| 55126 | Saint Paul | $1,820 | +2.8% | $1,860 |
| 55102 | Saint Paul | $1,770 | +0.0% | $1,641 |
| 55108 | Saint Paul | $1,730 | +2.4% | $1,522 |
| 55116 | Saint Paul | $1,720 | +6.8% | $1,564 |
| 55113 | Saint Paul | $1,700 | +4.3% | $1,437 |
| 55105 | Saint Paul | $1,640 | +1.9% | $1,341 |
| 55109 | Saint Paul | $1,620 | +1.9% | $1,529 |
| 55107 | Saint Paul | $1,600 | +4.6% | $1,531 |
| 55119 | Saint Paul | $1,600 | +4.6% | $1,432 |
| 55155 | Saint Paul | $1,580 | +1.9% | |
| 55112 | Saint Paul | $1,570 | +3.3% | $1,466 |
| 55104 | Saint Paul | $1,530 | +4.1% | $1,442 |
| 55103 | Saint Paul | $1,520 | +4.1% | $1,348 |
| 55106 | Saint Paul | $1,520 | +4.1% | $1,319 |
| 55117 | Saint Paul | $1,520 | +4.1% | $1,342 |
| 55130 | Saint Paul | $1,520 | +4.1% | $1,126 |
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 Ramsey County's 20 tracked ZIP codes is $1,640 for FY2026. Typical market asking rent runs around $1,522 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Saint Paul 55110 saw the biggest increase, +15.9 percent year over year. Saint Paul 55102 saw the biggest decrease, +0.0 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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