PlainRent

Itasca County

FY 2026 HUD Fair Market Rents in Minnesota. Population: 45,054.

Fair Market Rents (2026)

Studio
National avg: $893
$754/mo
↑ 0.9% YoY -16% vs US
1 Bedroom
National avg: $959
$860/mo
↑ 8.3% YoY -10% vs US
2 Bedroom
National avg: $1,175
$1,074/mo
↑ 6.7% YoY -9% vs US
3 Bedroom
National avg: $1,525
$1,401/mo
↑ 10.5% YoY -8% vs US
4 Bedroom
National avg: $1,756
$1,516/mo
↑ 8.9% YoY -14% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $747 $754 +$7 (+0.9%)
1 Bedroom $794 $860 +$66 (+8.3%)
2 Bedroom $1,007 $1,074 +$67 (+6.7%)
3 Bedroom $1,268 $1,401 +$133 (+10.5%)
4 Bedroom $1,392 $1,516 +$124 (+8.9%)

Affordability Snapshot

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

Required annual income for 1 BR
$34,400
$2,867/month gross
Required annual income for 2 BR
$42,960
$3,580/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.