Goodhue County
FY 2026 HUD Fair Market Rents in Minnesota. Population: 47,697.
Fair Market Rents (2026)
Studio
National avg: $893
$755/mo
↑ 6.0% YoY
-15% vs US
1 Bedroom
National avg: $959
$901/mo
↑ 2.7% YoY
-6% vs US
2 Bedroom
National avg: $1,175
$1,095/mo
↑ 5.4% YoY
-7% vs US
3 Bedroom
National avg: $1,525
$1,523/mo
↑ 4.6% YoY
-0% vs US
4 Bedroom
National avg: $1,756
$1,837/mo
↑ 5.3% YoY
+5% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $712 | $755 | +$43 (+6.0%) |
| 1 Bedroom | $877 | $901 | +$24 (+2.7%) |
| 2 Bedroom | $1,039 | $1,095 | +$56 (+5.4%) |
| 3 Bedroom | $1,456 | $1,523 | +$67 (+4.6%) |
| 4 Bedroom | $1,745 | $1,837 | +$92 (+5.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$36,040
$3,003/month gross
Required annual income for 2 BR
$43,800
$3,650/month gross
Other Counties in Minnesota
Mille Lacs County
1 BR: $856/mo
Beltrami County
1 BR: $876/mo
Lake County
1 BR: $973/mo
St. Louis County
1 BR: $978/mo
Olmsted County
1 BR: $1,189/mo
Scott County
1 BR: $1,405/mo
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.