Rent comparison · HUD FY2026

Olmsted County vs Hennepin County

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

$1,189
Olmsted County (1BR)
$1,405
Hennepin County (1BR)
−15%
1BR difference

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

County
Olmsted County
$1,189/mo 1BR
Population: 162,307
County
Hennepin County
$1,405/mo 1BR
Population: 1,270,787

A 1-bedroom in Olmsted County is 15% cheaper than Hennepin County at the HUD Fair Market Rent level ($1,189 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 Olmsted County Hennepin County Difference
Studio $1,112 $1,242 −$130 (-10%)
1 Bedroom $1,189 $1,405 −$216 (-15%)
2 Bedroom $1,407 $1,709 −$302 (-18%)
3 Bedroom $1,957 $2,262 −$305 (-13%)
4 Bedroom $2,360 $2,531 −$171 (-7%)

vs US National Average

National average 1BR: $959. Olmsted County is 24% 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).