Rent comparison · HUD FY2026

Lake County vs Minnesota

How do Lake County and Minnesota rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$973
Lake County (1BR)
$899
Minnesota (1BR)
+8%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

County
Lake County
$973/mo 1BR
Population: 10,915
State
Minnesota
$899/mo 1BR

A 1-bedroom in Lake County is 8% more expensive than Minnesota at the HUD Fair Market Rent level ($973 vs $899). 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 Minnesota Difference
Studio $880 $809 +$71 (+9%)
1 Bedroom $973 $899 +$74 (+8%)
2 Bedroom $1,277 $1,125 +$152 (+14%)
3 Bedroom $1,531 $1,483 +$48 (+3%)
4 Bedroom $1,869 $1,698 +$171 (+10%)

vs US National Average

National average 1BR: $959. Lake County is 1% above the US average. Minnesota is 6% below.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).