Carver County, MN

2025 Fair Market Rents

Tags: 2025 Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

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The top four largest cities in Carver County are Chaska, Chanhassen, Excelsior, and Waconia. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Carver County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Carver County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Carver County compare?

Carver County ($1,685) has a 55.9% higher FMR for 2-Bedroom housing than the average of Minnesota ($1,081) and therefore a higher gross rent.

Carver County is rank 1st out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Carver County is the most expensive county in terms of FMRs.

Rent Tables Carver County, MN

Fair Market Rent (40th Percentile)

$1,220
studio
$1,381
1-Bedroom
$1,685
2-Bedroom
$2,244
3-Bedroom
$2,513
4-Bedroom

Median Rent (50th Percentile)

$1,317
studio
$1,491
1-Bedroom
$1,820
2-Bedroom
$2,424
3-Bedroom
$2,714
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55315 $1,220 $1,380 $1,680 $2,240 $2,510
55317 $1,520 $1,720 $2,100 $2,800 $3,130
55318 $1,240 $1,400 $1,710 $2,280 $2,550
55322 $1,160 $1,310 $1,600 $2,130 $2,390
55328 $1,060 $1,200 $1,460 $1,970 $2,240
55331 $1,090 $1,240 $1,510 $2,010 $2,250
55338 $1,100 $1,250 $1,530 $2,060 $2,330
55339 $1,060 $1,200 $1,460 $1,970 $2,240
55360 $1,210 $1,370 $1,670 $2,220 $2,490
55363 $1,090 $1,230 $1,500 $2,000 $2,240
55367 $1,060 $1,200 $1,460 $1,970 $2,240
55368 $1,060 $1,200 $1,460 $1,970 $2,240
55375 $1,110 $1,260 $1,540 $2,050 $2,290
55386 $1,830 $2,070 $2,530 $3,370 $3,770
55387 $1,150 $1,300 $1,590 $2,120 $2,370
55388 $1,060 $1,200 $1,460 $1,970 $2,240
55395 $1,060 $1,200 $1,460 $1,970 $2,240
55397 $1,060 $1,200 $1,460 $1,970 $2,240
56011 $1,060 $1,200 $1,460 $1,970 $2,240
56011 $1,060 $1,200 $1,460 $1,970 $2,240
55338 $1,100 $1,250 $1,530 $2,060 $2,330
55339 $1,060 $1,200 $1,460 $1,970 $2,240
55367 $1,060 $1,200 $1,460 $1,970 $2,240
55368 $1,060 $1,200 $1,460 $1,970 $2,240
55395 $1,060 $1,200 $1,460 $1,970 $2,240
55397 $1,060 $1,200 $1,460 $1,970 $2,240
55338 $1,100 $1,250 $1,530 $2,060 $2,330
55339 $1,060 $1,200 $1,460 $1,970 $2,240
56011 $1,060 $1,200 $1,460 $1,970 $2,240
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55315 $1,098 $1,242 $1,512 $2,016 $2,259
55317 $1,368 $1,548 $1,890 $2,520 $2,817
55318 $1,116 $1,260 $1,539 $2,052 $2,295
55322 $1,044 $1,179 $1,440 $1,917 $2,151
55328 $954 $1,080 $1,314 $1,773 $2,016
55331 $981 $1,116 $1,359 $1,809 $2,025
55338 $990 $1,125 $1,377 $1,854 $2,097
55339 $954 $1,080 $1,314 $1,773 $2,016
55360 $1,089 $1,233 $1,503 $1,998 $2,241
55363 $981 $1,107 $1,350 $1,800 $2,016
55367 $954 $1,080 $1,314 $1,773 $2,016
55368 $954 $1,080 $1,314 $1,773 $2,016
55375 $999 $1,134 $1,386 $1,845 $2,061
55386 $1,647 $1,863 $2,277 $3,033 $3,393
55387 $1,035 $1,170 $1,431 $1,908 $2,133
55388 $954 $1,080 $1,314 $1,773 $2,016
55395 $954 $1,080 $1,314 $1,773 $2,016
55397 $954 $1,080 $1,314 $1,773 $2,016
56011 $954 $1,080 $1,314 $1,773 $2,016
56011 $954 $1,080 $1,314 $1,773 $2,016
55338 $990 $1,125 $1,377 $1,854 $2,097
55339 $954 $1,080 $1,314 $1,773 $2,016
55367 $954 $1,080 $1,314 $1,773 $2,016
55368 $954 $1,080 $1,314 $1,773 $2,016
55395 $954 $1,080 $1,314 $1,773 $2,016
55397 $954 $1,080 $1,314 $1,773 $2,016
55338 $990 $1,125 $1,377 $1,854 $2,097
55339 $954 $1,080 $1,314 $1,773 $2,016
56011 $954 $1,080 $1,314 $1,773 $2,016
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55315 $1,342 $1,518 $1,848 $2,464 $2,761
55317 $1,672 $1,892 $2,310 $3,080 $3,443
55318 $1,364 $1,540 $1,881 $2,508 $2,805
55322 $1,276 $1,441 $1,760 $2,343 $2,629
55328 $1,166 $1,320 $1,606 $2,167 $2,464
55331 $1,199 $1,364 $1,661 $2,211 $2,475
55338 $1,210 $1,375 $1,683 $2,266 $2,563
55339 $1,166 $1,320 $1,606 $2,167 $2,464
55360 $1,331 $1,507 $1,837 $2,442 $2,739
55363 $1,199 $1,353 $1,650 $2,200 $2,464
55367 $1,166 $1,320 $1,606 $2,167 $2,464
55368 $1,166 $1,320 $1,606 $2,167 $2,464
55375 $1,221 $1,386 $1,694 $2,255 $2,519
55386 $2,013 $2,277 $2,783 $3,707 $4,147
55387 $1,265 $1,430 $1,749 $2,332 $2,607
55388 $1,166 $1,320 $1,606 $2,167 $2,464
55395 $1,166 $1,320 $1,606 $2,167 $2,464
55397 $1,166 $1,320 $1,606 $2,167 $2,464
56011 $1,166 $1,320 $1,606 $2,167 $2,464
56011 $1,166 $1,320 $1,606 $2,167 $2,464
55338 $1,210 $1,375 $1,683 $2,266 $2,563
55339 $1,166 $1,320 $1,606 $2,167 $2,464
55367 $1,166 $1,320 $1,606 $2,167 $2,464
55368 $1,166 $1,320 $1,606 $2,167 $2,464
55395 $1,166 $1,320 $1,606 $2,167 $2,464
55397 $1,166 $1,320 $1,606 $2,167 $2,464
55338 $1,210 $1,375 $1,683 $2,266 $2,563
55339 $1,166 $1,320 $1,606 $2,167 $2,464
56011 $1,166 $1,320 $1,606 $2,167 $2,464

Fair Market Rents on this page apply to the following cities in Carver County, Minnesota: Chaska, Chanhassen, Excelsior, Waconia, Belle Plaine, Delano, Victoria, Watertown, Carver, Montrose, Saint Bonifacius, Cologne, Winsted, Young America, Mayer, Norwood Young America, Green Isle, Hamburg, and New Germany.

These Fair Market Rents also apply to the following ZIP codes in Carver County, Minnesota: 55318, 55317, 55331, 55387, 56011, 55328, 55386, 55388, 55315, 55363, 55375, 55322, 55395, 55397, 55360, 55368, 55338, 55339, and 55367.

Carver County, MN is considered part of the following metro FMR area: MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Anoka County, MN, Chisago County, MN, Dakota County, MN, Hennepin County, MN, Isanti County, MN, Ramsey County, MN, Scott County, MN, Sherburne County, MN, Washington County, MN, and Wright County, MN.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.