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RentData.org Logo Aitkin County Fair Market Rent FY 2018 Aitkin County, MN Rental Data

Fair Market Rent Prices in Aitkin County, MN :
$556 $560 $745 $952 $1,147
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Aitkin County are average compared to the national average. This FMR area is more expensive than 62% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Aitkin County is $745 per month.

The previous year, rent for a two-bedroom home was $706 per month. This is a 5.52% increase year-over-year.

This FMR rate applies to Tamarack, MN, Mc Grath, MN, Palisade, MN, Hill City, MN, Mcgregor, MN, Aitkin, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27001N27001.

Additionally, This Fair Market Rent (FMR) area Aitkin County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Aitkin County, MN FMR area is 16,202 people based on 2010 Census data.

Compared to the rest of Minnesota, the Aitkin County FMR area is more expensive than 70% 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 Aitkin County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Aitkin 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 $ 603
1-BR 1-Bedroom $ 607
2-BR 2-Bedroom $ 807
3-BR 3-Bedroom $ 1031
4-BR 4-Bedroom $ 1242
Change Year:

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

County / Region Est. Population
Aitkin County, MN 16,202
Zip Codes in Aitkin County, MN

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

55748, 55760, 55787, 56350, 56431 and 56469

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