Rice County
FY 2026 HUD Fair Market Rents in Minnesota. Population: 67,152.
Fair Market Rents (2026)
Studio
National avg: $893
$899/mo
↑ 0.9% YoY
+1% vs US
1 Bedroom
National avg: $959
$905/mo
↑ 0.9% YoY
-6% vs US
2 Bedroom
National avg: $1,175
$1,187/mo
↑ 0.8% YoY
+1% vs US
3 Bedroom
National avg: $1,525
$1,534/mo
↓ 1.9% YoY
+1% vs US
4 Bedroom
National avg: $1,756
$1,991/mo
↑ 2.7% YoY
+13% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $891 | $899 | +$8 (+0.9%) |
| 1 Bedroom | $897 | $905 | +$8 (+0.9%) |
| 2 Bedroom | $1,177 | $1,187 | +$10 (+0.8%) |
| 3 Bedroom | $1,564 | $1,534 | $-30 (-1.9%) |
| 4 Bedroom | $1,938 | $1,991 | +$53 (+2.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$36,200
$3,017/month gross
Required annual income for 2 BR
$47,480
$3,957/month gross
Other Counties in Minnesota
Scott County
1 BR: $1,405/mo
Yellow Medicine County
1 BR: $753/mo
Redwood County
1 BR: $742/mo
Wabasha County
1 BR: $913/mo
Blue Earth County
1 BR: $977/mo
St. Louis County
1 BR: $978/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.