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

Fair Market Rent Prices in Sibley County, MN :
$574 $692 $858 $1,095 $1,190
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 Sibley County are low compared to the national average. This FMR area is less expensive than 57% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Sibley County is $858 per month.

The previous year, rent for a two-bedroom home was $784 per month. This is a 9.44% 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 NCNTY27143N27143.

Additionally, This Fair Market Rent (FMR) area Sibley County, MN spans one county or city in Minnesota which is listed in the table below. Estimated population of Sibley County, MN FMR area is 14,871 people based on latest Census data.

Compared to the rest of Minnesota, the Sibley County FMR area is less expensive than 75% 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 $ 636
1-BR 1-Bedroom $ 767
2-BR 2-Bedroom $ 951
3-BR 3-Bedroom $ 1214
4-BR 4-Bedroom $ 1320
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2022 2023 2024 2025

There is just one county (listed below) within the Sibley 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
Sibley County, MN 14,871
Zip Codes in Sibley County, MN

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?

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