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RentData.org Logo Minnesota Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Minnesota:
$623 $707 $895 $1,197 $1,362
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Minnesota (23) has the 55th highest rent in the country out of 112 states and territories. The Fair Market Rent in Minnesota ranges from $826 for a 2-bedroom apartment in Big Stone County, MN to $1,410 for a 2-bedroom unit in Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

For FY 2023, the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area (Anoka County) rent for a studio or efficiency is $1,007 per month and $2,209 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Minnesota is $895 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Minnesota is around 1,985,008 people. So, there are around 297,751 people in Minnesota who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Minnesota Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Minnesota
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Aitkin County, MN $632 $643 $847 $1,134 $1,138 15,826
Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area Metro $1,007 $1,149 $1,410 $1,916 $2,209 353,775
Becker County, MN $578 $681 $865 $1,178 $1,317 34,227
Beltrami County, MN $702 $798 $1,050 $1,278 $1,522 46,784
St. Cloud, MN MSA Metro $754 $781 $972 $1,309 $1,552 40,476
Big Stone County, MN $552 $651 $826 $1,174 $1,264 4,974
Mankato-North Mankato, MN MSA Metro $828 $845 $1,056 $1,478 $1,799 67,368
Brown County, MN $552 $634 $826 $1,050 $1,407 25,076
Duluth, MN-WI HUD Metro FMR Area Metro $780 $838 $1,087 $1,435 $1,789 35,709
Cass County, MN $585 $775 $875 $1,132 $1,175 29,462
Chippewa County, MN $552 $701 $826 $1,151 $1,255 11,876
Fargo, ND-MN MSA Metro $634 $749 $911 $1,295 $1,552 64,029
Clearwater County, MN $644 $648 $853 $1,212 $1,256 8,872
Cook County, MN $552 $731 $826 $1,174 $1,202 5,402
Cottonwood County, MN $552 $706 $826 $1,029 $1,253 11,279
Crow Wing County, MN $665 $755 $994 $1,280 $1,397 64,775
Rochester, MN HUD Metro FMR Area Metro $847 $985 $1,224 $1,740 $2,085 20,807
Douglas County, MN $581 $710 $869 $1,163 $1,167 37,820
Faribault County, MN $552 $660 $826 $1,152 $1,156 13,727
Fillmore County, MN HUD Metro FMR Area Metro $659 $663 $873 $1,184 $1,323 21,031
Freeborn County, MN $584 $664 $874 $1,087 $1,278 30,465
Goodhue County, MN $693 $783 $921 $1,309 $1,569 46,330
Grant County, MN $552 $633 $826 $1,174 $1,321 5,962
La Crosse-Onalaska, WI-MN MSA Metro $685 $799 $1,024 $1,409 $1,744 18,670
Hubbard County, MN $596 $677 $891 $1,121 $1,307 21,287
Itasca County, MN $723 $728 $958 $1,166 $1,287 45,180
Jackson County, MN $552 $631 $826 $1,014 $1,184 9,873
Kanabec County, MN $651 $748 $974 $1,304 $1,308 16,205
Kandiyohi County, MN $679 $705 $848 $1,205 $1,431 42,909
Kittson County, MN $552 $628 $826 $1,005 $1,243 4,272
Koochiching County, MN $552 $628 $826 $1,006 $1,202 12,355
Lac qui Parle County, MN $552 $628 $826 $1,032 $1,255 6,645
Lake County, MN HUD Metro FMR Area Metro $716 $825 $997 $1,316 $1,639 10,571
Lake of the Woods County, MN $605 $689 $905 $1,101 $1,317 3,747
Le Sueur County, MN HUD Metro FMR Area Metro $711 $755 $994 $1,376 $1,625 28,425
Lincoln County, MN $552 $663 $826 $1,104 $1,202 5,641
Lyon County, MN $590 $628 $826 $1,172 $1,391 25,696
McLeod County, MN $641 $643 $847 $1,204 $1,443 35,788
Mahnomen County, MN $552 $644 $826 $1,005 $1,110 5,508
Marshall County, MN $556 $631 $831 $1,034 $1,393 9,353
Martin County, MN $568 $645 $849 $1,136 $1,141 19,737
Meeker County, MN $589 $679 $881 $1,247 $1,394 23,149
Mille Lacs County, MN HUD Metro FMR Area Metro $676 $758 $998 $1,408 $1,700 25,963
Morrison County, MN $583 $637 $839 $1,169 $1,272 33,119
Mower County, MN $648 $736 $969 $1,275 $1,378 39,931
Murray County, MN $552 $629 $826 $1,174 $1,202 8,247
Nobles County, MN $618 $702 $924 $1,183 $1,241 21,667
Norman County, MN $552 $628 $826 $1,005 $1,202 6,466
Otter Tail County, MN $651 $656 $863 $1,151 $1,261 58,416
Pennington County, MN $629 $714 $940 $1,208 $1,368 14,110
Pine County, MN $768 $773 $1,017 $1,290 $1,415 29,254
Pipestone County, MN $552 $703 $826 $1,098 $1,379 9,163
Grand Forks, ND-MN MSA Metro $683 $702 $890 $1,265 $1,516 31,384
Pope County, MN $618 $703 $925 $1,126 $1,346 11,107
Red Lake County, MN $552 $628 $826 $1,174 $1,202 4,005
Redwood County, MN $552 $694 $826 $1,174 $1,336 15,193
Renville County, MN $697 $702 $826 $1,174 $1,366 14,572
Rice County, MN $795 $815 $1,073 $1,477 $1,688 66,549
Rock County, MN $588 $669 $880 $1,134 $1,208 9,386
Roseau County, MN $583 $687 $872 $1,061 $1,171 15,259
Sibley County, MN $574 $692 $858 $1,095 $1,190 14,871
Steele County, MN $666 $726 $939 $1,334 $1,599 36,710
Stevens County, MN $563 $702 $842 $1,197 $1,344 9,770
Swift County, MN $552 $628 $826 $1,005 $1,110 9,329
Todd County, MN $552 $721 $826 $1,105 $1,110 24,603
Traverse County, MN $552 $651 $826 $1,174 $1,284 3,282
Wabasha County, MN HUD Metro FMR Area Metro $593 $727 $826 $1,174 $1,407 21,564
Wadena County, MN $560 $717 $837 $1,019 $1,124 13,681
Waseca County, MN $623 $628 $826 $1,174 $1,211 18,658
Watonwan County, MN $552 $731 $826 $1,174 $1,345 10,903
Wilkin County, MN $552 $628 $826 $1,174 $1,407 6,264
Winona County, MN $598 $723 $894 $1,197 $1,298 50,744
Yellow Medicine County, MN $554 $629 $828 $1,008 $1,112 9,775

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