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RentData.org Logo Sibley County Fair Market Rent FY 2020 Sibley County, MN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Sibley County, MN :
$531 $621 $785 $1,052 $1,167
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Sibley County are average compared to the national average. This FMR area is more expensive than 66% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sibley County is $785 per month.

The previous year, rent for a two-bedroom home was $737 per month. This is a 6.51% increase year-over-year.

This FMR rate applies to New Auburn, MN, Arlington, MN and other cities within the region. The Metro Code or CBSA code for this region is METRO33460N27143.

Additionally, This Fair Market Rent (FMR) area Sibley County, MN HUD Metro FMR Area spans one county or city in Minnesota which is listed in the table below. Estimated population of Sibley County, MN HUD Metro FMR Area FMR area is 14,890 people based on latest Census data.

Compared to the rest of Minnesota, the Sibley County FMR area is more expensive than 73% 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 Sibley County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Sibley 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 $ 558
1-BR 1-Bedroom $ 652
2-BR 2-Bedroom $ 825
3-BR 3-Bedroom $ 1106
4-BR 4-Bedroom $ 1227
Change Year:
2016 2017 2018 2019 2020 2021

There is just one county (listed below) within the Sibley County, MN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Minneapolis - St. Paul.

County / Region Est. Population
Sibley County, MN Metro 14,890
Zip Codes in Sibley County, MN HUD Metro FMR Area

There are 2 unique zip codes in this Fair Market Rent (FMR) area:

55307 and 55366

Lookup Fair Market Rent by Zip Code

What's Next?

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

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