Dakota 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 Dakota County are Saint Paul, Lakeville, Burnsville, and Farmington. 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 Dakota County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Dakota 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 Dakota County compare?

Dakota 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.

Dakota 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. Dakota County is the most expensive county in terms of FMRs.

Rent Tables Dakota 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
55009 $1,060 $1,200 $1,460 $1,970 $2,240
55010 $1,290 $1,460 $1,780 $2,370 $2,650
55024 $1,250 $1,420 $1,730 $2,300 $2,580
55031 $1,060 $1,200 $1,460 $1,970 $2,240
55033 $1,080 $1,220 $1,490 $1,980 $2,240
55044 $1,550 $1,750 $2,140 $2,850 $3,190
55057 $1,060 $1,200 $1,460 $1,970 $2,240
55065 $1,360 $1,540 $1,880 $2,500 $2,800
55068 $1,470 $1,660 $2,030 $2,700 $3,030
55075 $1,060 $1,200 $1,460 $1,970 $2,240
55076 $1,240 $1,400 $1,710 $2,280 $2,550
55077 $1,230 $1,390 $1,700 $2,260 $2,540
55085 $1,060 $1,200 $1,460 $1,970 $2,240
55089 $1,060 $1,210 $1,460 $1,990 $2,360
55109 $1,150 $1,300 $1,590 $2,120 $2,370
55118 $1,120 $1,270 $1,550 $2,060 $2,310
55120 $1,060 $1,200 $1,460 $1,970 $2,240
55121 $1,320 $1,490 $1,820 $2,420 $2,710
55122 $1,270 $1,430 $1,750 $2,330 $2,610
55123 $1,370 $1,550 $1,890 $2,520 $2,820
55124 $1,380 $1,570 $1,910 $2,540 $2,850
55150 $1,060 $1,200 $1,460 $1,970 $2,240
55306 $1,370 $1,550 $1,890 $2,520 $2,820
55337 $1,290 $1,460 $1,780 $2,370 $2,650
55372 $1,240 $1,400 $1,710 $2,280 $2,550
55378 $1,470 $1,660 $2,030 $2,700 $3,030
55009 $1,060 $1,200 $1,460 $1,970 $2,240
55033 $1,080 $1,220 $1,490 $1,980 $2,240
55057 $1,060 $1,200 $1,460 $1,970 $2,240
55065 $1,360 $1,540 $1,880 $2,500 $2,800
55089 $1,060 $1,210 $1,460 $1,990 $2,360
55057 $1,060 $1,200 $1,460 $1,970 $2,240
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55009 $954 $1,080 $1,314 $1,773 $2,016
55010 $1,161 $1,314 $1,602 $2,133 $2,385
55024 $1,125 $1,278 $1,557 $2,070 $2,322
55031 $954 $1,080 $1,314 $1,773 $2,016
55033 $972 $1,098 $1,341 $1,782 $2,016
55044 $1,395 $1,575 $1,926 $2,565 $2,871
55057 $954 $1,080 $1,314 $1,773 $2,016
55065 $1,224 $1,386 $1,692 $2,250 $2,520
55068 $1,323 $1,494 $1,827 $2,430 $2,727
55075 $954 $1,080 $1,314 $1,773 $2,016
55076 $1,116 $1,260 $1,539 $2,052 $2,295
55077 $1,107 $1,251 $1,530 $2,034 $2,286
55085 $954 $1,080 $1,314 $1,773 $2,016
55089 $954 $1,089 $1,314 $1,791 $2,124
55109 $1,035 $1,170 $1,431 $1,908 $2,133
55118 $1,008 $1,143 $1,395 $1,854 $2,079
55120 $954 $1,080 $1,314 $1,773 $2,016
55121 $1,188 $1,341 $1,638 $2,178 $2,439
55122 $1,143 $1,287 $1,575 $2,097 $2,349
55123 $1,233 $1,395 $1,701 $2,268 $2,538
55124 $1,242 $1,413 $1,719 $2,286 $2,565
55150 $954 $1,080 $1,314 $1,773 $2,016
55306 $1,233 $1,395 $1,701 $2,268 $2,538
55337 $1,161 $1,314 $1,602 $2,133 $2,385
55372 $1,116 $1,260 $1,539 $2,052 $2,295
55378 $1,323 $1,494 $1,827 $2,430 $2,727
55009 $954 $1,080 $1,314 $1,773 $2,016
55033 $972 $1,098 $1,341 $1,782 $2,016
55057 $954 $1,080 $1,314 $1,773 $2,016
55065 $1,224 $1,386 $1,692 $2,250 $2,520
55089 $954 $1,089 $1,314 $1,791 $2,124
55057 $954 $1,080 $1,314 $1,773 $2,016
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55009 $1,166 $1,320 $1,606 $2,167 $2,464
55010 $1,419 $1,606 $1,958 $2,607 $2,915
55024 $1,375 $1,562 $1,903 $2,530 $2,838
55031 $1,166 $1,320 $1,606 $2,167 $2,464
55033 $1,188 $1,342 $1,639 $2,178 $2,464
55044 $1,705 $1,925 $2,354 $3,135 $3,509
55057 $1,166 $1,320 $1,606 $2,167 $2,464
55065 $1,496 $1,694 $2,068 $2,750 $3,080
55068 $1,617 $1,826 $2,233 $2,970 $3,333
55075 $1,166 $1,320 $1,606 $2,167 $2,464
55076 $1,364 $1,540 $1,881 $2,508 $2,805
55077 $1,353 $1,529 $1,870 $2,486 $2,794
55085 $1,166 $1,320 $1,606 $2,167 $2,464
55089 $1,166 $1,331 $1,606 $2,189 $2,596
55109 $1,265 $1,430 $1,749 $2,332 $2,607
55118 $1,232 $1,397 $1,705 $2,266 $2,541
55120 $1,166 $1,320 $1,606 $2,167 $2,464
55121 $1,452 $1,639 $2,002 $2,662 $2,981
55122 $1,397 $1,573 $1,925 $2,563 $2,871
55123 $1,507 $1,705 $2,079 $2,772 $3,102
55124 $1,518 $1,727 $2,101 $2,794 $3,135
55150 $1,166 $1,320 $1,606 $2,167 $2,464
55306 $1,507 $1,705 $2,079 $2,772 $3,102
55337 $1,419 $1,606 $1,958 $2,607 $2,915
55372 $1,364 $1,540 $1,881 $2,508 $2,805
55378 $1,617 $1,826 $2,233 $2,970 $3,333
55009 $1,166 $1,320 $1,606 $2,167 $2,464
55033 $1,188 $1,342 $1,639 $2,178 $2,464
55057 $1,166 $1,320 $1,606 $2,167 $2,464
55065 $1,496 $1,694 $2,068 $2,750 $3,080
55089 $1,166 $1,331 $1,606 $2,189 $2,596
55057 $1,166 $1,320 $1,606 $2,167 $2,464

Fair Market Rents on this page apply to the following cities in Dakota County, Minnesota: Saint Paul, Lakeville, Burnsville, Farmington, Prior Lake, Hastings, Rosemount, Savage, Inver Grove Heights, Northfield, South Saint Paul, Cannon Falls, Hampton, Welch, Randolph, Mendota, Vermillion, and Castle Rock.

These Fair Market Rents also apply to the following ZIP codes in Dakota County, Minnesota: 55124, 55044, 55337, 55122, 55024, 55109, 55372, 55033, 55068, 55118, 55123, 55378, 55076, 55057, 55075, 55306, 55077, 55009, 55121, and 55120.

Dakota 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, Carver County, MN, Chisago 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

HUD Seal

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