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RentData.org Logo Minnesota Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in Minnesota:
$562 $646 $823 $1,121 $1,272
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Minnesota (MN) has the 29th highest rent in the country out of 56 states and territories. The Fair Market Rent in Minnesota ranges from $714 for a 2-bedroom apartment in Yellow Medicine County, MN to $1,214 for a 2-bedroom unit in Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

For FY 2020, the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area (Washington County) rent for a studio or efficiency is $820 per month and $2,025 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Minnesota is $823 per month.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Minnesota Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Minnesota
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Aitkin County $574 $583 $768 $996 $1,144 0
Anoka County Metro $820 $971 $1,214 $1,722 $2,025 0
Becker County $498 $618 $756 $1,009 $1,261 0
Beltrami County $518 $603 $794 $1,047 $1,076 0
Benton County Metro $605 $657 $804 $1,151 $1,370 0
Big Stone County $471 $542 $714 $1,002 $1,006 0
Blue Earth County Metro $612 $704 $920 $1,299 $1,615 0
Brown County $465 $573 $714 $890 $967 0
Carlton County Metro $601 $622 $816 $1,052 $1,279 0
Carver County Metro $820 $971 $1,214 $1,722 $2,025 0
Cass County $502 $585 $770 $960 $1,043 0
Chippewa County $487 $574 $714 $1,030 $1,102 0
Chisago County Metro $820 $971 $1,214 $1,722 $2,025 0
Clay County Metro $555 $676 $834 $1,203 $1,464 0
Clearwater County $539 $542 $714 $1,002 $1,006 0
Cook County $471 $627 $714 $952 $1,254 0
Cottonwood County $471 $542 $714 $921 $1,141 0
Crow Wing County $545 $635 $836 $1,086 $1,193 0
Dakota County Metro $820 $971 $1,214 $1,722 $2,025 0
Dodge County Metro $667 $777 $1,016 $1,416 $1,748 0
Douglas County $527 $614 $809 $1,071 $1,162 0
Faribault County $471 $542 $714 $945 $1,030 0
Fillmore County Metro $469 $542 $714 $989 $1,004 0
Freeborn County $480 $560 $737 $931 $1,143 0
Goodhue County $592 $596 $783 $1,044 $1,181 0
Grant County $471 $619 $714 $1,030 $1,168 0
Hennepin County Metro $820 $971 $1,214 $1,722 $2,025 0
Houston County Metro $540 $629 $829 $1,152 $1,455 0
Hubbard County $544 $547 $721 $1,010 $1,052 0
Isanti County Metro $820 $971 $1,214 $1,722 $2,025 0
Itasca County $601 $605 $797 $993 $1,080 0
Jackson County $471 $552 $714 $892 $967 0
Kanabec County $641 $645 $832 $1,116 $1,265 0
Kandiyohi County $573 $613 $770 $1,111 $1,314 0
Kittson County $471 $549 $714 $899 $967 0
Koochiching County $471 $546 $714 $977 $1,006 0
Lac qui Parle County $471 $552 $714 $940 $978 0
Lake County $506 $589 $768 $1,078 $1,082 0
Lake of the Woods County $513 $591 $778 $970 $1,096 0
Le Sueur County Metro $649 $654 $861 $1,235 $1,334 0
Lincoln County $471 $542 $714 $890 $967 0
Lyon County $471 $542 $714 $975 $1,227 0
Mahnomen County $611 $624 $716 $892 $970 0
Marshall County $465 $542 $714 $991 $1,201 0
Martin County $471 $542 $714 $994 $998 0
McLeod County $512 $589 $776 $1,119 $1,280 0
Meeker County $511 $595 $784 $977 $1,127 0
Mille Lacs County Metro $587 $684 $901 $1,297 $1,412 0
Morrison County $471 $542 $714 $984 $1,037 0
Mower County $513 $598 $788 $1,111 $1,142 0
Murray County $471 $548 $714 $1,002 $1,006 0
Nicollet County Metro $612 $704 $920 $1,299 $1,615 0
Nobles County $572 $576 $758 $1,009 $1,027 0
Norman County $471 $586 $714 $890 $1,162 0
Olmsted County Metro $667 $777 $1,016 $1,416 $1,748 0
Otter Tail County $509 $549 $723 $921 $979 0
Pennington County $495 $577 $760 $947 $1,030 0
Pine County $518 $596 $785 $991 $1,185 0
Pipestone County $471 $596 $714 $964 $967 0
Polk County Metro $570 $650 $832 $1,200 $1,461 0
Pope County $494 $569 $750 $1,053 $1,056 0
Ramsey County Metro $820 $971 $1,214 $1,722 $2,025 0
Red Lake County $579 $627 $714 $964 $967 0
Redwood County $471 $623 $714 $1,030 $1,081 0
Renville County $572 $575 $714 $940 $1,008 0
Rice County $603 $701 $923 $1,270 $1,293 0
Rock County $483 $556 $732 $961 $1,001 0
Roseau County $482 $562 $740 $922 $1,002 0
Scott County Metro $820 $971 $1,214 $1,722 $2,025 0
Sherburne County Metro $820 $971 $1,214 $1,722 $2,025 0
Sibley County Metro $531 $621 $785 $1,052 $1,167 0
St. Louis County Metro $601 $622 $816 $1,052 $1,279 0
Stearns County Metro $605 $657 $804 $1,151 $1,370 0
Steele County $543 $632 $833 $1,181 $1,463 0
Stevens County $471 $627 $714 $957 $1,200 0
Swift County $548 $552 $714 $973 $1,042 0
Todd County $465 $542 $714 $890 $967 0
Traverse County $471 $542 $714 $890 $1,006 0
Wabasha County Metro $507 $650 $772 $1,114 $1,346 0
Wadena County $471 $560 $714 $910 $1,254 0
Waseca County $539 $542 $714 $1,030 $1,054 0
Washington County Metro $820 $971 $1,214 $1,722 $2,025 0
Watonwan County $471 $627 $714 $964 $967 0
Wilkin County $471 $563 $714 $1,030 $1,254 0
Winona County $505 $607 $775 $979 $1,190 0
Wright County Metro $820 $971 $1,214 $1,722 $2,025 0
Yellow Medicine County $471 $575 $714 $964 $967 0
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