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RentData.org Logo Red Lake County Fair Market Rent FY 2006 Red Lake County, MN Rental Data

Fair Market Rent Prices in Red Lake County, MN :
$331 $396 $503 $640 $750
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 Red Lake County are low compared to the national average. This FMR area is less expensive than 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Red Lake County is $503 per month.

This FMR rate applies to Brooks, MN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY27125N27125.

Additionally, This Fair Market Rent (FMR) area Red Lake County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Red Lake County, MN FMR area is 4,299 people based on latest Census data.

Compared to the rest of Minnesota, the Red Lake County FMR area is less expensive than 59% 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 Red Lake County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Red Lake 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 $ 357
1-BR 1-Bedroom $ 426
2-BR 2-Bedroom $ 534
3-BR 3-Bedroom $ 688
4-BR 4-Bedroom $ 794
Change Year:

There is just one county (listed below) within the Red Lake County, MN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Fargo - Valley City.

County / Region Est. Population
Red Lake County, MN 4,299
Zip Codes in Red Lake County, MN

There is 1 unique zip code in this Fair Market Rent (FMR) area:

56715

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