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RentData.org Logo Nicollet County Fair Market Rent FY 2009 Nicollet County, MN Rental Data

Fair Market Rent Prices in Nicollet County, MN :
$538 $552 $649 $851 $878
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Nicollet County are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nicollet County is $649 per month.

The previous year, rent for a two-bedroom home was $631 per month. This is a 2.85% increase year-over-year.

This FMR rate applies to Lafayette, MN, Courtland, MN, Fairfax, MN, Nicollet, MN, Gaylord, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27103N27103.

Additionally, This Fair Market Rent (FMR) area Nicollet County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Nicollet County, MN FMR area is 29,771 people based on latest Census data.

Compared to the rest of Minnesota, the Nicollet County FMR area is more expensive than 86% 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 Nicollet County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Nicollet 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 $ 569
1-BR 1-Bedroom $ 574
2-BR 2-Bedroom $ 686
3-BR 3-Bedroom $ 937
4-BR 4-Bedroom $ 967
Change Year:
2006 2007 2008 2009

There is just one county (listed below) within the Nicollet 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
Nicollet County, MN 29,771
Zip Codes in Nicollet County, MN

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

55332, 55334, 56021, 56054 and 56074

Lookup Fair Market Rent by Zip Code

What's Next?

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