Logo Grant County Fair Market Rent FY 2019 Grant County, MN Rental Data

Fair Market Rent Prices in Grant County, MN :
$459 $611 $700 $1,012 $1,230
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 Grant County are average compared to the national average. This FMR area is more expensive than 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Grant County is $700 per month.

The previous year, rent for a two-bedroom home was $697 per month. This is a 0.43% increase year-over-year.

This FMR rate applies to Norcross, MN, Wendell, MN, Campbell, MN, Barrett, MN, Herman, MN, Dalton, MN, Elbow Lake, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27051N27051.

Additionally, This Fair Market Rent (FMR) area Grant County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Grant County, MN FMR area is 6,018 people based on 2010 Census data.

Compared to the rest of Minnesota, the Grant 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 Grant County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Grant 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 $ 459
1-BR 1-Bedroom $ 611
2-BR 2-Bedroom $ 700
3-BR 3-Bedroom $ 1012
4-BR 4-Bedroom $ 1230
Change Year:

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

County / Region Est. Population
Grant County, MN 6,018
Zip Codes in Grant County, MN

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

56248, 56274, 56311, 56324, 56522, 56531 and 56590

Lookup Fair Market Rent by Zip Code