Rent comparison · HUD FY2026
Lake County vs Hennepin County
How do Lake County and Hennepin County rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.
- $973
- Lake County (1BR)
- $1,405
- Hennepin County (1BR)
- −31%
- 1BR difference
Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).
A 1-bedroom in Lake County is 31% cheaper than Hennepin County at the HUD Fair Market Rent level ($973 vs $1,405). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.
How Do Rents Compare By Bedroom?
| Bedrooms | Lake County | Hennepin County | Difference |
|---|---|---|---|
| Studio | $880 | $1,242 | −$362 (-29%) |
| 1 Bedroom | $973 | $1,405 | −$432 (-31%) |
| 2 Bedroom | $1,277 | $1,709 | −$432 (-25%) |
| 3 Bedroom | $1,531 | $2,262 | −$731 (-32%) |
| 4 Bedroom | $1,869 | $2,531 | −$662 (-26%) |
vs US National Average
National average 1BR: $959. Lake County is 1% above the US average. Hennepin County is 47% above.
Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).