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RentData.org Logo Minnesota Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Minnesota:
$632 $643 $847 $1,134 $1,138
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Minnesota (MN) has the 31st highest rent in the country out of 56 states and territories. The Fair Market Rent in Minnesota is $847 for a 2-bedroom apartment in Aitkin County, MN.

For FY 2023, the Aitkin County, MN (Aitkin County) rent for a studio or efficiency is $632 per month and $1,138 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 $847 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Minnesota is around 15,826 people. So, there are around 2,374 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
$632 $643 $847 $1,134 $1,138 15,826
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