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RentData.org Logo Minnesota Fair Market Rent for 2024 Accurate Rental Price Data

Average Fair Market Rent Prices in Minnesota:
$698 $775 $985 $1,307 $1,497
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Minnesota (23) has the 30th highest rent in the country out of 56 states and territories. The Fair Market Rent in Minnesota ranges from $905 for a 2-bedroom apartment in Big Stone County, MN to $1,622 for a 2-bedroom unit in Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

For FY 2024, the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area (Anoka County) rent for a studio or efficiency is $1,174 per month and $2,478 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Minnesota is $985 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Minnesota is around 1,985,008 people. So, there are around 297,751 people in Minnesota who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Minnesota. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Minnesota Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Minnesota
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Aitkin County, MN $677 $709 $932 $1,274 $1,278 15,826
Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area Metro $1,174 $1,327 $1,622 $2,188 $2,478 353,775
Becker County, MN $687 $801 $1,014 $1,361 $1,505 34,227
Beltrami County, MN $820 $851 $1,118 $1,352 $1,576 46,784
St. Cloud, MN MSA Metro $877 $906 $1,155 $1,531 $1,820 40,476
Big Stone County, MN $613 $775 $905 $1,275 $1,366 4,974
Mankato-North Mankato, MN MSA Metro $897 $903 $1,101 $1,552 $1,868 67,368
Brown County, MN $613 $689 $905 $1,127 $1,536 25,076
Duluth, MN-WI HUD Metro FMR Area Metro $762 $868 $1,113 $1,485 $1,889 35,709
Cass County, MN $791 $849 $953 $1,260 $1,441 29,462
Chippewa County, MN $613 $767 $905 $1,275 $1,285 11,876
Fargo, ND-MN MSA Metro $656 $781 $944 $1,330 $1,602 64,029
Clearwater County, MN $634 $712 $936 $1,266 $1,450 8,872
Cook County, MN $613 $806 $905 $1,205 $1,309 5,402
Cottonwood County, MN $613 $751 $905 $1,128 $1,254 11,279
Crow Wing County, MN $748 $840 $1,104 $1,373 $1,556 64,775
Rochester, MN HUD Metro FMR Area Metro $814 $927 $1,148 $1,618 $1,948 20,807
Douglas County, MN $672 $789 $962 $1,276 $1,281 37,820
Faribault County, MN $613 $726 $905 $1,256 $1,260 13,727
Fillmore County, MN HUD Metro FMR Area Metro $684 $689 $905 $1,234 $1,443 21,031
Freeborn County, MN $659 $740 $972 $1,239 $1,402 30,465
Goodhue County, MN $737 $874 $1,046 $1,474 $1,775 46,330
Grant County, MN $613 $691 $905 $1,275 $1,536 5,962
La Crosse-Onalaska, WI-MN MSA Metro $760 $866 $1,122 $1,515 $1,904 18,670
Hubbard County, MN $668 $750 $985 $1,273 $1,544 21,287
Itasca County, MN $811 $817 $1,059 $1,280 $1,431 45,180
Jackson County, MN $613 $695 $905 $1,143 $1,297 9,873
Kanabec County, MN $685 $819 $1,011 $1,341 $1,346 16,205
Kandiyohi County, MN $768 $773 $936 $1,319 $1,544 42,909
Kittson County, MN $613 $689 $905 $1,094 $1,360 4,272
Koochiching County, MN $613 $689 $905 $1,141 $1,309 12,355
Lac qui Parle County, MN $613 $744 $905 $1,213 $1,472 6,645
Lake County, MN HUD Metro FMR Area Metro $774 $860 $1,130 $1,502 $1,918 10,571
Lake of the Woods County, MN $660 $741 $974 $1,178 $1,408 3,747
Le Sueur County, MN HUD Metro FMR Area Metro $804 $845 $1,110 $1,564 $1,758 28,425
Lincoln County, MN $613 $689 $905 $1,231 $1,309 5,641
Lyon County, MN $613 $715 $905 $1,275 $1,514 25,696
McLeod County, MN $732 $737 $963 $1,331 $1,634 35,788
Mahnomen County, MN $613 $689 $905 $1,116 $1,205 5,508
Marshall County, MN $620 $696 $914 $1,129 $1,516 9,353
Martin County, MN $624 $700 $920 $1,221 $1,225 19,737
Meeker County, MN $646 $766 $953 $1,343 $1,498 23,149
Mille Lacs County, MN HUD Metro FMR Area Metro $855 $861 $1,131 $1,440 $1,919 25,963
Morrison County, MN $699 $712 $929 $1,309 $1,438 33,119
Mower County, MN $735 $826 $1,085 $1,378 $1,544 39,931
Murray County, MN $613 $704 $905 $1,275 $1,536 8,247
Nobles County, MN $722 $811 $1,065 $1,300 $1,418 21,667
Norman County, MN $636 $714 $938 $1,134 $1,356 6,466
Otter Tail County, MN $640 $718 $944 $1,289 $1,395 58,416
Pennington County, MN $746 $837 $1,100 $1,399 $1,590 14,110
Pine County, MN $866 $872 $1,146 $1,393 $1,551 29,254
Pipestone County, MN $613 $697 $905 $1,197 $1,532 9,163
Grand Forks, ND-MN MSA Metro $731 $736 $929 $1,309 $1,577 31,384
Pope County, MN $716 $804 $1,057 $1,278 $1,470 11,107
Red Lake County, MN $613 $689 $905 $1,201 $1,205 4,005
Redwood County, MN $613 $693 $905 $1,273 $1,516 15,193
Renville County, MN $738 $742 $905 $1,275 $1,488 14,572
Rice County, MN $913 $918 $1,206 $1,634 $1,932 66,549
Rock County, MN $638 $716 $941 $1,247 $1,314 9,386
Roseau County, MN $635 $754 $937 $1,147 $1,248 15,259
Sibley County, MN $662 $762 $977 $1,245 $1,301 14,871
Steele County, MN $808 $814 $1,061 $1,495 $1,801 36,710
Stevens County, MN $657 $738 $970 $1,367 $1,603 9,770
Swift County, MN $613 $689 $905 $1,118 $1,205 9,329
Todd County, MN $769 $774 $905 $1,216 $1,221 24,603
Traverse County, MN $613 $712 $905 $1,275 $1,390 3,282
Wabasha County, MN HUD Metro FMR Area Metro $785 $806 $905 $1,275 $1,536 21,564
Wadena County, MN $660 $756 $974 $1,178 $1,297 13,681
Waseca County, MN $684 $689 $905 $1,275 $1,449 18,658
Watonwan County, MN $613 $806 $905 $1,275 $1,324 10,903
Wilkin County, MN $613 $689 $905 $1,275 $1,536 6,264
Winona County, MN $710 $818 $1,003 $1,313 $1,369 50,744
Yellow Medicine County, MN $613 $689 $905 $1,094 $1,205 9,775

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