The 2 bedroom fair market rent in Marine On Saint Croix (Washington County) is $2,560 for FY2026. Rents here moved +1.2 percent year over year. ZIP 55047 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area.
See how this ZIP compares for Section 8 vouchers, fair market rent against market asking rent for every tracked Minnesota ZIP.
| Unit size | FY2026 FMR | Vs FY2025 | ACS median |
|---|---|---|---|
| Studio | $1,860 | +1.6% | |
| 1 bedroom | $2,100 | +1.4% | |
| 2 bedroom | $2,560 | +1.2% | |
| 3 bedroom | $3,390 | +0.6% | |
| 4 bedroom | $3,790 | +0.5% |
FMR is the HUD Fair Market Rent for this ZIP, the 40th percentile of gross rents. It anchors Section 8 payment standards and runs below top of market. ACS median is the Census survey estimate where available.
Get an email when rents change in ZIP 55047. We will send a short note, not a newsletter.
Among the 18 Washington County ZIP codes with a HUD rent estimate, 55047 ranks the highest on 2 bedroom fair market rent. That is $640 above the county median of $1,920. Statewide the median 2 bedroom fair market rent is $1,090, which puts Marine On Saint Croix 135 percent above the Minnesota median. The largest single year move since FY2021 came in FY2024, +57.8 percent, and the 2 bedroom estimate has gone from $1,890 to $2,560 over 5 fiscal years. Zillow does not publish a rent index for 55047, so the fair market rent is the only published rent benchmark here. The landlord voucher check compares an asking rent against it. Voucher competitiveness for every Washington County ZIP code with both signals is on the Washington County Section 8 page.
Of the 6 nearest ZIP codes with an estimate, Hugo 55038 carries the highest 2 bedroom fair market rent at $2,200 and Scandia 55073 the lowest at $1,520, against $2,560 here.
The HUD fair market rent for a 2 bedroom in ZIP 55047 is $2,560 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.
The 2 bedroom fair market rent rose 1.2 percent from FY2025 to FY2026, moving from $2,530 to $2,560.
Fair Market Rent is HUD's estimate of the 40th percentile gross rent for a ZIP. It sets Section 8 payment standards, so it is the rent a voucher will support here. Investors use it as a conservative floor when underwriting rental income.
Rent level is only one input. Run the numbers: at $2,560 for a 2 bedroom, a deal in Marine On Saint Croix pencils or it does not based on price, taxes, insurance, and financing. Pencilwrite computes cap rate, cash-on-cash, DSCR, and true ROE from a few inputs.
Pencilwrite turns an address, a price, and these rents into a full underwrite, cap rate, cash-on-cash, DSCR, true ROE, taxes, and an offer you can send. Limited beta access spots open. Sign up for the beta, opening in the next two months. Free.
