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RentData.org Logo Wadena County Fair Market Rent FY 2022 Wadena County, MN Rental Data

Fair Market Rent Prices in Wadena County, MN :
$503 $639 $757 $936 $1,072
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 Wadena County are very low compared to the national average. This FMR area is less expensive than 72% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Wadena County is $757 per month.

The previous year, rent for a two-bedroom home was $734 per month. This is a 3.13% increase year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27159N27159.

Additionally, This Fair Market Rent (FMR) area Wadena County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Wadena County, MN FMR area is 13,625 people based on latest Census data.

Compared to the rest of Minnesota, the Wadena County FMR area is less expensive than 89% of the state.

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

Median Rent Prices in Wadena 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 $ 530
1-BR 1-Bedroom $ 673
2-BR 2-Bedroom $ 797
3-BR 3-Bedroom $ 985
4-BR 4-Bedroom $ 1128
Change Year:

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

County / Region Est. Population
Wadena County, MN 13,625
Zip Codes in Wadena County, MN

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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