Logo Cook County Fair Market Rent FY 2021 Cook County, MN Rental Data

Fair Market Rent Prices in Cook County, MN :
$484 $644 $734 $1,026 $1,271
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 Cook County are average compared to the national average. This FMR area is more expensive than 60% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cook County is $734 per month.

The previous year, rent for a two-bedroom home was $714 per month. This is a 2.8% increase year-over-year.

This FMR rate applies to Hovland, MN, Schroeder, MN, Tofte, MN, Lutsen, MN, Grand Portage, MN, Grand Marais, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27031N27031.

Additionally, This Fair Market Rent (FMR) area Cook County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Cook County, MN FMR area is 5,270 people based on latest Census data.

Compared to the rest of Minnesota, the Cook County FMR area is more expensive than 76% 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 Cook County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cook 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 $ 501
1-BR 1-Bedroom $ 666
2-BR 2-Bedroom $ 759
3-BR 3-Bedroom $ 1061
4-BR 4-Bedroom $ 1314
Change Year:

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

County / Region Est. Population
Cook County, MN 5,270
Zip Codes in Cook County, MN

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

55604, 55605, 55606, 55612, 55613 and 55615

Lookup Fair Market Rent by Zip Code