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

Fair Market Rent Prices in Grant County, MN :
$613 $691 $905 $1,275 $1,536
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 Grant 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 Grant County is $905 per month.

The previous year, rent for a two-bedroom home was $826 per month. This is a 9.56% increase year-over-year.

This FMR rate applies to Norcross, MN, Wendell, MN, Campbell, MN, Barrett, MN, Herman, MN, Dalton, MN, Elbow Lake, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27051N27051.

Additionally, This Fair Market Rent (FMR) area Grant County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Grant County, MN FMR area is 5,962 people based on latest Census data.

Compared to the rest of Minnesota, the Grant County FMR area is more expensive than 50% 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 Grant County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Grant 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 $ 613
1-BR 1-Bedroom $ 691
2-BR 2-Bedroom $ 905
3-BR 3-Bedroom $ 1275
4-BR 4-Bedroom $ 1536
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 Grant County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Minneapolis - St. Paul and Fargo - Valley City.

County / Region Est. Population
Grant County, MN 5,962
Zip Codes in Grant County, MN

There are 7 unique zip codes in this Fair Market Rent (FMR) area:

56248, 56274, 56311, 56324, 56522, 56531 and 56590

Lookup Fair Market Rent by Zip Code

What's Next?

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