Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area · FY2026 area median income $131,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $460 | $690 | $921 | $1,151 | $1,381 | $1,611 | $1,842 |
| 1BR | $493 | $739 | $986 | $1,233 | $1,479 | $1,726 | $1,973 |
| 2BR | $592 | $888 | $1,184 | $1,480 | $1,776 | $2,072 | $2,368 |
| 3BR | $684 | $1,026 | $1,368 | $1,710 | $2,052 | $2,394 | $2,736 |
| 4BR | $763 | $1,144 | $1,526 | $1,907 | $2,289 | $2,670 | $3,052 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $27,630 | $46,050 | $55,260 | $73,680 |
| 2 persons | $31,560 | $52,600 | $63,120 | $84,160 |
| 3 persons | $35,520 | $59,200 | $71,040 | $94,720 |
| 4 persons | $39,450 | $65,750 | $78,900 | $105,200 |
| 5 persons | $42,630 | $71,050 | $85,260 | $113,680 |
| 6 persons | $45,780 | $76,300 | $91,560 | $122,080 |
| 7 persons | $48,930 | $81,550 | $97,860 | $130,480 |
| 8 persons | $52,080 | $86,800 | $104,160 | $138,880 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Sherburne County to see the sources and uses, bond test, DSCR, and funding gap using these rents.