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RentData.org Logo McLeod County Fair Market Rent FY 2017 McLeod County, MN Rental Data

Fair Market Rent Prices in McLeod County, MN :
$436 $535 $687 $963 $1,113
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 McLeod County are average compared to the national average. This FMR area is more expensive than 51% of other FMR areas. Fair Market Rent for a two-bedroom apartment in McLeod County is $687 per month.

The previous year, rent for a two-bedroom home was $694 per month. This is a 1.01% decrease year-over-year.

This FMR rate applies to Plato, MN, Stewart, MN, Gibbon, MN, Brownton, MN, Silver Lake, MN, Winthrop, MN, Lester Prairie, MN, Glencoe, MN, Litchfield, MN, Hutchinson, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27085N27085.

Additionally, This Fair Market Rent (FMR) area McLeod County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of McLeod County, MN FMR area is 36,651 people based on latest Census data.

Compared to the rest of Minnesota, the McLeod County FMR area is more expensive than 56% of the state.

Minnesota Rents Map

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

Median Rent Prices in McLeod 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 $ 475
1-BR 1-Bedroom $ 584
2-BR 2-Bedroom $ 749
3-BR 3-Bedroom $ 1050
4-BR 4-Bedroom $ 1213
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 McLeod County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Minneapolis - St. Paul.

County / Region Est. Population
McLeod County, MN 36,651
Zip Codes in McLeod County, MN

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

55312, 55335, 55336, 55350, 55354, 55355, 55370, 55381, 55385 and 55396

Lookup Fair Market Rent by Zip Code

What's Next?

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