Red Lake County Fair Market Rent FY 2019 Red Lake County, MN Rental Data

Fair Market Rent prices in Red Lake County are low compared to the national average. This FMR area is less expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Red Lake 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 Brooks, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27125N27125.

Additionally, This Fair Market Rent (FMR) area Red Lake County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Red Lake County, MN FMR area is 4,089 people based on latest Census data.

Compared to the rest of Minnesota, the Red Lake County FMR area is less expensive than 56% of the state.

Median Rent Prices in Red Lake 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.

50^th Percentile Rental Prices: