PlainRent

Freeborn County

FY 2026 HUD Fair Market Rents in Minnesota. Population: 30,857.

Fair Market Rents (2026)

Studio
National avg: $893
$672/mo
↑ 5.0% YoY -25% vs US
1 Bedroom
National avg: $959
$742/mo
↑ 4.4% YoY -23% vs US
2 Bedroom
National avg: $1,175
$974/mo
↑ 4.4% YoY -17% vs US
3 Bedroom
National avg: $1,525
$1,283/mo
↑ 6.9% YoY -16% vs US
4 Bedroom
National avg: $1,756
$1,432/mo
↑ 5.8% YoY -18% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $640 $672 +$32 (+5.0%)
1 Bedroom $711 $742 +$31 (+4.4%)
2 Bedroom $933 $974 +$41 (+4.4%)
3 Bedroom $1,200 $1,283 +$83 (+6.9%)
4 Bedroom $1,354 $1,432 +$78 (+5.8%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$29,680
$2,473/month gross
Required annual income for 2 BR
$38,960
$3,247/month gross

Other Counties in Minnesota

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.