County FMR · HUD FY2026
Ramsey County Fair Market Rent
HUD's FY2026 Fair Market Rent for Ramsey County, MN - 47% above the US average.
- $1,405
- 1-bedroom FMR
- $1,709
- 2-bedroom FMR
- +1.7%
- YoY change
- +47%
- vs US avg
The verdict
Ramsey is the 5th most expensive of 87 counties in Minnesota by 2-bedroom FMR.
- #5
- most expensive of 87 in Minnesota (2BR)
- +56%
- vs the state average
- $56,200
- income to afford it (30% rule)
- +1.7%
- YoY, FY2025→2026
Software Developers spend the smallest share of income on rent here (13.5%), while Fast Food and Counter Workers spend the most (52.8%).
FY 2026 HUD Fair Market Rent for Ramsey County, MN. Verify with HUD →
Ramsey County, Minnesota carries an FY 2026 1-bedroom Fair Market Rent of $1,405 per month, the federal benchmark HUD publishes for this county. A 2-bedroom costs $1,709/mo and a studio is $1,242/mo. That's 47% above the national benchmark of $959 and 56% above the Minnesota average of $899.
Rent increased1.7% from FY 2025 ($1,381), roughly tracking inflation. To afford rent here, a household needs at least $56,200/year based on the 30% affordability rule.
FY 2026 HUD Fair Market Rents in Minnesota. Population: 547,202. Population has held roughly steady over the past five years (+0.5%, Census ACS). That's slower than Minnesota's statewide growth of +3.4% over the same period.
What these rents mean for Ramsey County
The Ramsey County FMR area applies to all ZIP codes inside the county boundary, and Minnesota's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.
Compared to the rest of the country, a 1-bedroom here is 47% above the US average of $959 and 56% higher than the Minnesota state average of $899. The 1-bedroom FMR went from$1,381 in FY 2025 to $1,405 in FY 2026 - a change of +1.7%, which tracks roughly with broader price trends.
At the FY 2026 1-bedroom FMR of $1,405, affording it under the 30%-of-income rule takes $56,200 per year (about $4,683/month) in household income, and a 2-bedroom at $1,709 pushes that threshold even higher. With a population of 547,202 and a county median household income of $81,004, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,220 | $1,242 | +$22 (+1.8%) |
| 1 Bedroom | $1,381 | $1,405 | +$24 (+1.7%) |
| 2 Bedroom | $1,685 | $1,709 | +$24 (+1.4%) |
| 3 Bedroom | $2,244 | $2,262 | +$18 (+0.8%) |
| 4 Bedroom | $2,513 | $2,531 | +$18 (+0.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Rent Burden Analysis
How much of household income goes to rent in Ramsey County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Ramsey County 2-bedroom rent burden
Where Ramsey sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,709 Top 10% higher than 90% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Ramsey compares on 1-bedroom rent
1-bedroom FMR vs other Minnesota counties
- Ramsey
Ramsey County
$1,405 1BR FMR / mo
- Hennepin
Hennepin County
$1,405 1BR FMR / mo
- Dakota
Dakota County
$1,405 1BR FMR / mo
- Anoka
Anoka County
$1,405 1BR FMR / mo
- Washington
Washington County
$1,405 1BR FMR / mo
- Olmsted
Olmsted County
$1,189 1BR FMR / mo
- St. Louis
St. Louis County
$978 1BR FMR / mo
What this shows Ramsey is highlighted. Nearby Minnesota counties by 1-bedroom FMR, highest to lowest: Ramsey County (this county) ($1,405), Hennepin County ($1,405), Dakota County ($1,405), Anoka County ($1,405), Washington County ($1,405), Olmsted County ($1,189), St. Louis County ($978).
Can Common Jobs Afford Rent Here?
How a 1-bedroom at $1,405/mo compares to Minnesota salaries for popular occupations (BLS wage data, 30%-of-income rule).
| Occupation | MN Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $124,540 | 13.5% | Affordable |
| Registered Nurses | $100,870 | 16.7% | Affordable |
| General & Operations Managers | $96,130 | 17.5% | Affordable |
| Police & Sheriff's Patrol Officers | $83,310 | 20.2% | Affordable |
| Electricians | $81,430 | 20.7% | Affordable |
| Accountants & Auditors | $81,100 | 20.8% | Affordable |
| Paralegals & Legal Assistants | $67,320 | 25% | Affordable |
| Elementary School Teachers | $63,120 | 26.7% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $61,090 | 27.6% | Affordable |
| Pharmacy Technicians | $48,560 | 34.7% | Stretched |
| Customer Service Representatives | $47,470 | 35.5% | Stretched |
| Janitors & Cleaners | $38,320 | 44% | Stretched |
| Teaching Assistants | $38,160 | 44.2% | Stretched |
| Retail Salespersons | $35,310 | 47.7% | Stretched |
| Fast Food & Counter Workers | $31,950 | 52.8% | Unaffordable |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Ramsey County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Ramsey (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 44.7% overall, from $971 to $1,405. Most of that movement was gradual except for a single sharp jump of +15.5% in FY 2024, well above this county's typical year-to-year change.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↑1.7% | $1,242 | $1,405 | $1,709 |
| FY 2025 ↑4.1% | $1,220 | $1,381 | $1,685 |
| FY 2024 ↑15.5% | $1,174 | $1,327 | $1,622 |
| FY 2023 ↑6.6% | $1,007 | $1,149 | $1,410 |
| FY 2022 ↑2.3% | $932 | $1,078 | $1,329 |
| FY 2021 ↑8.5% | $898 | $1,054 | $1,308 |
| FY 2020 | $820 | $971 | $1,214 |
Part of the Minneapolis-St. Paul-Bloomington, MN-WI Metro Area
Ramsey County is a central county of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area, alongside 14 other metro-area counties.
Ramsey County ranks #13 of 15 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Hennepin County ($1,405), Dakota County ($1,405), Anoka County ($1,405), Washington County ($1,405), Scott County ($1,405), Wright County ($1,405), Carver County ($1,405), Sherburne County ($1,405), St. Croix County ($1,405), Chisago County ($1,405), Pierce County ($1,405), Isanti County ($1,405), Ramsey County (this county) ($1,405), Mille Lacs County ($856), Le Sueur County ($822).
Show all 15 counties in this metro area
Nearby Counties in Minnesota
Largest counties by population in Minnesota
Frequently Asked Questions
What is the average rent in Ramsey County? ▼
How does Ramsey County rent compare to the national average? ▼
What income do I need to afford rent in Ramsey County? ▼
Is rent going up or down in Ramsey County? ▼
Which jobs can afford rent in Ramsey County? ▼
How much has rent changed in Ramsey County over time? ▼
How does Fair Market Rent affect Section 8 vouchers in Ramsey County? ▼
What does Fair Market Rent mean for Ramsey County? ▼
What this means for renters
Treat Ramsey's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,405 implies about $56,200/yr to rent without being cost-burdened. Run your numbers
- Compare this county against nearby metros and states before signing a lease. Compare areas
- See where it sits on the national rent map. View rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Ramsey can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.