County FMR · HUD FY2026

Stevens County Fair Market Rent

HUD's FY2026 Fair Market Rent for Stevens County, MN - 21% below the US average.

$755
1-bedroom FMR
$991
2-bedroom FMR
+6.2%
YoY change
-21%
vs US avg

The verdict

Stevens is the 42nd cheapest of 87 counties in Minnesota by 2-bedroom FMR; rent here has climbed 6.2% since FY 2025, a modest shift relative to most counties.

#42
cheapest of 87 in Minnesota (2BR)
-16%
vs the state average
$30,200
income to afford it (30% rule)
+6.2%
YoY, FY2025→2026

Software Developers spend the smallest share of income on rent here (7.3%), while Fast Food and Counter Workers spend the most (28.4%); 15 of 15 common occupations here can afford a 1-bedroom at Fair Market Rent without exceeding the 30% threshold.

FY 2026 HUD Fair Market Rent for Stevens County, MN. Verify with HUD →

HUD sets the FY 2026 1-bedroom Fair Market Rent for Stevens County, Minnesota at $755 per month - the federal rental-assistance benchmark for this county. A 2-bedroom costs $991/mo and a studio is $683/mo. This is 21% lower than the national average of $959 and 16% below the Minnesota average of $899.

Rent increased6.2% from FY 2025 ($711), outpacing inflation. To afford rent here, a household needs at least $30,200/year based on the 30% affordability rule.

FY 2026 HUD Fair Market Rents in Minnesota. Population: 9,682. Population has held roughly steady over the past five years (-1.0%, Census ACS). That's slower than Minnesota's statewide growth of +3.4% over the same period.

What these rents mean for Stevens County

The Stevens County FMR area applies to all ZIP codes inside the county boundary, and Minnesota's housing authorities use it as the baseline for Section 8 Housing Choice Voucher payment standards. See how FMR is calculated for the full 40th-percentile methodology and payment-standard rules.

Stevens County's 1-bedroom rent runs 21% below the US average of $959 and 16% lower than the Minnesota state average of $899. Over the past year, 1-bedroom rent here shifted from$711 in FY 2025 to $755 in FY 2026 - a change of +6.2%, which outpaces typical consumer inflation.

At the FY 2026 1-bedroom FMR of $755, affording it under the 30%-of-income rule takes $30,200 per year (about $2,517/month) in household income, and a 2-bedroom at $991 pushes that threshold even higher. With a population of 9,682 and a county median household income of $71,060, the arithmetic here directly shapes which wage earners can rent without being cost-burdened.

Fair Market Rents (2026)

Studio
State avg: $809 · US avg: $893
$683/mo
↑ 6.7% YoY -16% vs state -24% vs US
1 Bedroom
State avg: $899 · US avg: $959
$755/mo
↑ 6.2% YoY -16% vs state -21% vs US
2 Bedroom
State avg: $1,125 · US avg: $1,175
$991/mo
↑ 6.2% YoY -12% vs state -16% vs US
3 Bedroom
State avg: $1,483 · US avg: $1,525
$1,378/mo
↑ 5.4% YoY -7% vs state -10% vs US
4 Bedroom
State avg: $1,698 · US avg: $1,756
$1,662/mo
↑ 6.1% YoY -2% vs state -5% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $640
$683
+$43 (+6.7%)
1 Bedroom $711
$755
+$44 (+6.2%)
2 Bedroom $933
$991
+$58 (+6.2%)
3 Bedroom $1,307
$1,378
+$71 (+5.4%)
4 Bedroom $1,567
$1,662
+$95 (+6.1%)

Affordability Snapshot

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

Required annual income for 1 BR
$30,200
$2,517/month gross
Required annual income for 2 BR
$39,640
$3,303/month gross

Rent Burden Analysis

How much of household income goes to rent in Stevens County. The 30% threshold indicates cost burden.

Studio
11.5%
Affordable
Need $27,320/yr for 30% rule
1 Bedroom
12.7%
Affordable
Need $30,200/yr for 30% rule
2 Bedroom
16.7%
Affordable
Need $39,640/yr for 30% rule
3 Bedroom
23.3%
Affordable
Need $55,120/yr for 30% rule
4 Bedroom
28.1%
Affordable
Need $66,480/yr for 30% rule
How we calculate this

Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.

Stevens County 2-bedroom rent burden

0%100%National avg22%16.7%
Stevens County 2-bedroom rent burden
County median income: $71,060 · National avg burden: 21.7% ·View Minnesota rent burden →

Where Stevens sits among every US county

2-bedroom Fair Market Rent vs. all 3,145 HUD counties

$991 higher than 44% of 3,145 counties

$600–$800: 23 counties (1%). Below this entry. $800–$1,000: 1,406 counties (45%). This entry sits in this band. $1,000–$1,200: 723 counties (23%). Above this entry. $1,200–$1,400: 417 counties (13%). Above this entry. $1,400–$1,600: 181 counties (6%). Above this entry. $1,600–$1,800: 172 counties (5%). Above this entry. $1,800–$2,000: 108 counties (3%). Above this entry. $2,000–$2,200: 29 counties (1%). Above this entry. $2,200–$2,400: 40 counties (1%). Above this entry. $2,400–$2,600: 13 counties (0%). Above this entry. $2,600–$2,800: 9 counties (0%). Above this entry. $2,800–$3,000: 15 counties (0%). Above this entry. $3,000–$3,200: 3 counties (0%). Above this entry. $3,200–$3,400: 1 counties (0%). Above this entry. $3,400–$3,600: 1 counties (0%). Above this entry. $3,600–$3,800: 3 counties (0%). Above this entry. $3,800–$4,000: 0 counties (0%). Above this entry. $4,000–$4,200: 0 counties (0%). Above this entry. $4,200–$4,400: 1 counties (0%). Above this entry. This county $600 $4,400 every US county, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026

How Stevens compares on 1-bedroom rent

1-bedroom FMR vs other Minnesota counties

1BR FMR / mo

What this shows Stevens is highlighted. Nearby Minnesota counties by 1-bedroom FMR, highest to lowest: Hennepin County ($1,405), Ramsey County ($1,405), Dakota County ($1,405), Anoka County ($1,405), Washington County ($1,405), St. Louis County ($978), Stevens County (this county) ($755).

Source U.S. Department of Housing and Urban Development (HUD) As of FY2026

Can Common Jobs Afford Rent Here?

How a 1-bedroom at $755/mo compares to Minnesota salaries for popular occupations (BLS wage data, 30%-of-income rule).

Occupation MN Salary Rent Burden Verdict
Software Developers $124,540 7.3% Affordable
Registered Nurses $100,870 9% Affordable
General & Operations Managers $96,130 9.4% Affordable
Police & Sheriff's Patrol Officers $83,310 10.9% Affordable
Electricians $81,430 11.1% Affordable
Accountants & Auditors $81,100 11.2% Affordable
Paralegals & Legal Assistants $67,320 13.5% Affordable
Elementary School Teachers $63,120 14.4% Affordable
Heavy & Tractor-Trailer Truck Drivers $61,090 14.8% Affordable
Pharmacy Technicians $48,560 18.7% Affordable
Customer Service Representatives $47,470 19.1% Affordable
Janitors & Cleaners $38,320 23.6% Affordable
Teaching Assistants $38,160 23.7% Affordable
Retail Salespersons $35,310 25.7% Affordable
Fast Food & Counter Workers $31,950 28.4% Affordable
Salaries: BLS OES (Minnesota) median · 30% = affordable threshold · Try the salary calculator →

7-year Fair Market Rent history for Stevens County. Shows how HUD rental rates have changed over time.

Over the 6-year span HUD has tracked for Stevens (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 20.4% overall, from $627 to $755. The increases have been fairly steady year to year, with no single jump exceeding 6.2% (FY 2026).

$600$650$700$750$800 FY2020FY2021FY2022FY2023FY2024FY2025FY2026 $755
Stevens County 1-bedroom Fair Market Rent, FY2020–FY2026
Year Studio 1 BR 2 BR
FY 2026 ↑6.2% $683 $755 $991
FY 2025 ↓3.7% $640 $711 $933
FY 2024 ↑5.1% $657 $738 $970
FY 2023 ↑5.7% $563 $702 $842
FY 2022 ↑3.1% $503 $664 $757
FY 2021 ↑2.7% $484 $644 $734
FY 2020 $471 $627 $714
Total change (6yr): +20.4%
Annualized: +3.1%/yr
1 BR: $627 → $755

Where Stevens County Ranks in Minnesota

Stevens County is not part of any federally-designated metropolitan or micropolitan statistical area -- an independent rental market not administratively tied to a larger urban core. By 2-bedroom FMR, it ranks #42 of 87 counties in Minnesota. Nearest by rank: Traverse County ($973), Waseca County ($973), Watonwan County ($973), Wilkin County ($973), Yellow Medicine County ($973), Freeborn County ($974), Otter Tail County ($983), Douglas County ($991), Stevens County (this county) ($991), Meeker County ($997), McLeod County ($999), Wabasha County ($1,001), Hubbard County ($1,008), Lake of the Woods County ($1,014), Wadena County ($1,016), Fillmore County ($1,022), Becker County ($1,027).

Nearby Counties in Minnesota

Largest counties by population in Minnesota

Frequently Asked Questions

What is the average rent in Stevens County?
The FY 2026 Fair Market Rent for a 1-bedroom in Stevens County is $755 per month. A 2-bedroom is $991 and a studio is $683.
How does Stevens County rent compare to the national average?
Rent in Stevens County is 21% below the national average. A 1-bedroom here costs $755 compared to $959 nationally.
What income do I need to afford rent in Stevens County?
Based on the 30% affordability rule, you need an annual income of at least $30,200 ($2,517/month) to afford a 1-bedroom at Fair Market Rent in Stevens County.
Is rent going up or down in Stevens County?
The 1-bedroom Fair Market Rent in Stevens County increased by 6.2% from FY 2025 to FY 2026, going from $711 to $755.
Which jobs can afford rent in Stevens County?
Based on Minnesota BLS salary data and the 30% affordability rule, jobs like Software Developers, Registered Nurses, General and Operations Managers can afford a 1-bedroom at $755/mo. 15 of 15 common occupations are affordable here.
How much has rent changed in Stevens County over time?
The 1-bedroom Fair Market Rent in Stevens County went from $627 in FY 2020 to $755 in FY 2026, a total change of +20.4% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Stevens County?
In Stevens County, the FY 2026 FMR of $755/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Stevens County?
For Stevens County, it's the specific 40th-percentile rent HUD publishes each year ($755/mo for a 1-bedroom in FY 2026).

What this means for renters

Treat Stevens's FY2026 Fair Market Rent as HUD's affordability benchmark, not a market quote.

  • Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $755 implies about $30,200/yr to rent without being cost-burdened. Run your numbers
  • Compare this county against nearby metros and states before signing a lease. Compare areas
  • See where it sits on the national rent map. View rankings

Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents in Stevens can run higher or lower, and HUD updates FMRs once a year. This page is informational and not financial or relocation advice.

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the U.S. Census Bureau and HUD Fair Market Rents. Consult a qualified professional before making decisions based on this data.

Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.