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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 30th 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 Big Stone 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 (Anoka 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.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Minnesota is around 5,490,735 people. So, there are around 823,610 people in Minnesota who could be receiving housing benefits from the HUD.

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 15,840
Anoka County Metro $820 $971 $1,214 $1,722 $2,025 344,860
Becker County $498 $618 $756 $1,009 $1,261 33,550
Beltrami County $518 $603 $794 $1,047 $1,076 45,845
Benton County Metro $605 $657 $804 $1,151 $1,370 39,360
Big Stone County $471 $542 $714 $1,002 $1,006 5,040
Blue Earth County Metro $612 $704 $920 $1,299 $1,615 65,765
Brown County $465 $573 $714 $890 $967 25,245
Carlton County Metro $601 $622 $816 $1,052 $1,279 35,410
Carver County Metro $820 $971 $1,214 $1,722 $2,025 98,800
Cass County $502 $585 $770 $960 $1,043 28,810
Chippewa County $487 $574 $714 $1,030 $1,102 12,040
Chisago County Metro $820 $971 $1,214 $1,722 $2,025 54,295
Clay County Metro $555 $676 $834 $1,203 $1,464 62,040
Clearwater County $539 $542 $714 $1,002 $1,006 8,825
Cook County $471 $627 $714 $952 $1,254 5,270
Cottonwood County $471 $542 $714 $921 $1,141 11,435
Crow Wing County $545 $635 $836 $1,086 $1,193 63,505
Dakota County Metro $820 $971 $1,214 $1,722 $2,025 414,655
Dodge County Metro $667 $777 $1,016 $1,416 $1,748 20,485
Douglas County $527 $614 $809 $1,071 $1,162 36,890
Faribault County $471 $542 $714 $945 $1,030 13,965
Fillmore County Metro $469 $542 $714 $989 $1,004 20,825
Freeborn County $480 $560 $737 $931 $1,143 30,620
Goodhue County $592 $596 $783 $1,044 $1,181 46,140
Grant County $471 $619 $714 $1,030 $1,168 5,925
Hennepin County Metro $820 $971 $1,214 $1,722 $2,025 1,224,765
Houston County Metro $540 $629 $829 $1,152 $1,455 18,710
Hubbard County $544 $547 $721 $1,010 $1,052 20,745
Isanti County Metro $820 $971 $1,214 $1,722 $2,025 38,585
Itasca County $601 $605 $797 $993 $1,080 45,235
Jackson County $471 $552 $714 $892 $967 10,105
Kanabec County $641 $645 $832 $1,116 $1,265 15,950
Kandiyohi County $573 $613 $770 $1,111 $1,314 42,575
Kittson County $471 $549 $714 $899 $967 4,385
Koochiching County $471 $546 $714 $977 $1,006 12,775
Lac qui Parle County $471 $552 $714 $940 $978 6,840
Lake County $506 $589 $768 $1,078 $1,082 10,580
Lake of the Woods County $513 $591 $778 $970 $1,096 3,840
Le Sueur County Metro $649 $654 $861 $1,235 $1,334 27,810
Lincoln County $471 $542 $714 $890 $967 5,725
Lyon County $471 $542 $714 $975 $1,227 25,790
McLeod County $512 $589 $776 $1,119 $1,280 35,815
Mahnomen County $611 $624 $716 $892 $970 5,500
Marshall County $465 $542 $714 $991 $1,201 9,395
Martin County $471 $542 $714 $994 $998 20,085
Meeker County $511 $595 $784 $977 $1,127 23,105
Mille Lacs County Metro $587 $684 $901 $1,297 $1,412 25,635
Morrison County $471 $542 $714 $984 $1,037 32,880
Mower County $513 $598 $788 $1,111 $1,142 39,385
Murray County $471 $548 $714 $1,002 $1,006 8,395
Nicollet County Metro $612 $704 $920 $1,299 $1,615 33,475
Nobles County $572 $576 $758 $1,009 $1,027 21,855
Norman County $471 $586 $714 $890 $1,162 6,590
Olmsted County Metro $667 $777 $1,016 $1,416 $1,748 151,685
Otter Tail County $509 $549 $723 $921 $979 57,790
Pennington County $495 $577 $760 $947 $1,030 14,195
Pine County $518 $596 $785 $991 $1,185 29,055
Pipestone County $471 $596 $714 $964 $967 9,230
Polk County Metro $570 $650 $832 $1,200 $1,461 31,565
Pope County $494 $569 $750 $1,053 $1,056 10,930
Ramsey County Metro $820 $971 $1,214 $1,722 $2,025 537,895
Red Lake County $579 $627 $714 $964 $967 4,015
Redwood County $471 $623 $714 $1,030 $1,081 15,430
Renville County $572 $575 $714 $940 $1,008 14,800
Rice County $603 $701 $923 $1,270 $1,293 65,250
Rock County $483 $556 $732 $961 $1,001 9,435
Roseau County $482 $562 $740 $922 $1,002 15,535
St. Louis County Metro $601 $622 $816 $1,052 $1,279 200,295
Scott County Metro $820 $971 $1,214 $1,722 $2,025 141,465
Sherburne County Metro $820 $971 $1,214 $1,722 $2,025 92,025
Sibley County Metro $531 $621 $785 $1,052 $1,167 14,890
Stearns County Metro $605 $657 $804 $1,151 $1,370 155,300
Steele County $543 $632 $833 $1,181 $1,463 36,610
Stevens County $471 $627 $714 $957 $1,200 9,760
Swift County $548 $552 $714 $973 $1,042 9,450
Todd County $465 $542 $714 $890 $967 24,425
Traverse County $471 $542 $714 $890 $1,006 3,355
Wabasha County Metro $507 $650 $772 $1,114 $1,346 21,490
Wadena County $471 $560 $714 $910 $1,254 13,625
Waseca County $539 $542 $714 $1,030 $1,054 18,900
Washington County Metro $820 $971 $1,214 $1,722 $2,025 250,980
Watonwan County $471 $627 $714 $964 $967 10,935
Wilkin County $471 $563 $714 $1,030 $1,254 6,400
Winona County $505 $607 $775 $979 $1,190 50,990
Wright County Metro $820 $971 $1,214 $1,722 $2,025 131,130
Yellow Medicine County $471 $575 $714 $964 $967 9,930
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