Nobles County
FY 2026 HUD Fair Market Rents in Minnesota. Population: 22,194.
Fair Market Rents (2026)
Studio
National avg: $893
$723/mo
↑ 2.4% YoY
-19% vs US
1 Bedroom
National avg: $959
$799/mo
↑ 1.8% YoY
-17% vs US
2 Bedroom
National avg: $1,175
$1,049/mo
↑ 1.8% YoY
-11% vs US
3 Bedroom
National avg: $1,525
$1,294/mo
↑ 4.3% YoY
-15% vs US
4 Bedroom
National avg: $1,756
$1,389/mo
↑ 1.7% YoY
-21% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $706 | $723 | +$17 (+2.4%) |
| 1 Bedroom | $785 | $799 | +$14 (+1.8%) |
| 2 Bedroom | $1,030 | $1,049 | +$19 (+1.8%) |
| 3 Bedroom | $1,241 | $1,294 | +$53 (+4.3%) |
| 4 Bedroom | $1,366 | $1,389 | +$23 (+1.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$31,960
$2,663/month gross
Required annual income for 2 BR
$41,960
$3,497/month gross
Other Counties in Minnesota
Pine County
1 BR: $839/mo
Itasca County
1 BR: $860/mo
Scott County
1 BR: $1,405/mo
Morrison County
1 BR: $757/mo
Watonwan County
1 BR: $842/mo
Ramsey 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.