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RentData.org Logo Mille Lacs County Fair Market Rent FY 2019 Mille Lacs County, MN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Mille Lacs County, MN :
$564 $664 $878 $1,207 $1,331
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Metro Area

Fair Market Rent prices in Mille Lacs County are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mille Lacs County is $878 per month.

The previous year, rent for a two-bedroom home was $860 per month. This is a 2.09% increase year-over-year.

This FMR rate applies to Bock, MN, Pease, MN, Wahkon, MN, Onamia, MN and other cities within the region. The Metro Code or CBSA code for this region is METRO33460N27095.

Additionally, This Fair Market Rent (FMR) area Mille Lacs County, MN HUD Metro FMR Area spans one county or city in Minnesota which is listed in the table below. Estimated population of Mille Lacs County, MN HUD Metro FMR Area FMR area is 26,097 people based on latest Census data.

Compared to the rest of Minnesota, the Mille Lacs County FMR area is more expensive than 90% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Mille Lacs County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mille Lacs County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 601
1-BR 1-Bedroom $ 708
2-BR 2-Bedroom $ 936
3-BR 3-Bedroom $ 1287
4-BR 4-Bedroom $ 1419
Change Year:

There is just one county (listed below) within the Mille Lacs County, MN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Minneapolis - St. Paul.

County / Region Est. Population
Mille Lacs County, MN Metro 26,097
Zip Codes in Mille Lacs County, MN HUD Metro FMR Area

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

56313, 56359, 56363 and 56386

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