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RentData.org Logo Freeborn County Fair Market Rent FY 2024 Freeborn County, MN Rental Data

Fair Market Rent Prices in Freeborn County, MN :
$659 $740 $972 $1,239 $1,402
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 Freeborn County are average compared to the national average. This FMR area is more expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Freeborn County is $972 per month.

The previous year, rent for a two-bedroom home was $874 per month. This is a 11.21% increase year-over-year.

This FMR rate applies to Conger, MN, Freeborn, MN, Geneva, MN, Twin Lakes, MN, Hayward, MN, Emmons, MN, Hartland, MN, Hollandale, MN, Lyle, MN, Clarks Grove, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27047N27047.

Additionally, This Fair Market Rent (FMR) area Freeborn County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Freeborn County, MN FMR area is 30,465 people based on latest Census data.

Compared to the rest of Minnesota, the Freeborn County FMR area is less expensive than 53% 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 Freeborn County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Freeborn 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 $ 683
1-BR 1-Bedroom $ 766
2-BR 2-Bedroom $ 1007
3-BR 3-Bedroom $ 1284
4-BR 4-Bedroom $ 1452
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Freeborn County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Rochestr - Mason City - Austin and Minneapolis - St. Paul.

County / Region Est. Population
Freeborn County, MN 30,465
Zip Codes in Freeborn County, MN

There are 15 unique zip codes in this Fair Market Rent (FMR) area:

55912, 55953, 56007, 56016, 56020, 56026, 56029, 56032, 56035, 56036, 56042, 56043, 56045, 56072 and 56089

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What's Next?

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