RentData.org

RentData.org Logo Murray County Fair Market Rent FY 2023 Murray County, MN Rental Data

Fair Market Rent Prices in Murray County, MN :
$552 $629 $826 $1,174 $1,202
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 Murray County are low compared to the national average. This FMR area is less expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Murray County is $826 per month.

The previous year, rent for a two-bedroom home was $757 per month. This is a 9.11% increase year-over-year.

This FMR rate applies to Avoca, MN, Dovray, MN, Iona, MN, Woodstock, MN, Currie, MN, Chandler, MN, Lake Wilson, MN, Edgerton, MN, Slayton, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27101N27101.

Additionally, This Fair Market Rent (FMR) area Murray County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Murray County, MN FMR area is 8,247 people based on latest Census data.

Compared to the rest of Minnesota, the Murray County FMR area is less expensive than 78% of the state.

Minnesota Rents Map

Click on the map to view more another region.

See Nationwide Map

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

Median Rent Prices in Murray 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 $ 586
1-BR 1-Bedroom $ 667
2-BR 2-Bedroom $ 877
3-BR 3-Bedroom $ 1246
4-BR 4-Bedroom $ 1276
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 Murray County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Sioux Falls (Mitchell).

County / Region Est. Population
Murray County, MN 8,247
Zip Codes in Murray County, MN

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

56114, 56122, 56123, 56125, 56128, 56141, 56151, 56172 and 56186

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

Top