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RentData.org Logo Murray County Fair Market Rent FY 2020 Murray County, MN Rental Data

Fair Market Rent Prices in Murray County, MN :
$471 $548 $714 $1,002 $1,006
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Murray County are low compared to the national average. This FMR area is less expensive than 67% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Murray County is $714 per month.

The previous year, rent for a two-bedroom home was $700 per month. This is a 2% increase year-over-year.

This FMR rate applies to Avoca, MN, Woodstock, MN, Dovray, MN, Iona, MN, Currie, MN, Chandler, MN, Lake Wilson, MN, Edgerton, MN, Slayton, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27101N27101.

Additionally, This Fair Market Rent (FMR) area Murray County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Murray County, MN FMR area is 0 people based on 2000 Census data.

Compared to the rest of Minnesota, the Murray County FMR area is less expensive than 76% of the state.

Minnesota Rents Map

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

Median Rent Prices in Murray 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 $ 471
1-BR 1-Bedroom $ 548
2-BR 2-Bedroom $ 714
3-BR 3-Bedroom $ 1002
4-BR 4-Bedroom $ 1006
Change Year:

There is just one county (listed below) within the Murray County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sioux Falls (Mitchell).

County / Region Est. Population
Murray County, MN 0
Zip Codes in Murray County, MN

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

56114, 56122, 56123, 56125, 56128, 56141, 56151, 56172 and 56186

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