Polk County
FY 2026 HUD Fair Market Rents in Minnesota. Population: 31,128.
Fair Market Rents (2026)
Studio
National avg: $893
$863/mo
↑ 11.1% YoY
-3% vs US
1 Bedroom
National avg: $959
$868/mo
↑ 11.0% YoY
-9% vs US
2 Bedroom
National avg: $1,175
$1,089/mo
↑ 10.7% YoY
-7% vs US
3 Bedroom
National avg: $1,525
$1,515/mo
↑ 9.9% YoY
-1% vs US
4 Bedroom
National avg: $1,756
$1,827/mo
↑ 10.6% YoY
+4% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $777 | $863 | +$86 (+11.1%) |
| 1 Bedroom | $782 | $868 | +$86 (+11.0%) |
| 2 Bedroom | $984 | $1,089 | +$105 (+10.7%) |
| 3 Bedroom | $1,379 | $1,515 | +$136 (+9.9%) |
| 4 Bedroom | $1,652 | $1,827 | +$175 (+10.6%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$34,720
$2,893/month gross
Required annual income for 2 BR
$43,560
$3,630/month gross
Other Counties in Minnesota
Koochiching County
1 BR: $742/mo
Meeker County
1 BR: $854/mo
Pennington County
1 BR: $855/mo
Benton County
1 BR: $919/mo
Sibley County
1 BR: $742/mo
Mower County
1 BR: $799/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.