PlainRent

Wabasha County

FY 2026 HUD Fair Market Rents in Minnesota. Population: 21,460.

Fair Market Rents (2026)

Studio
National avg: $893
$872/mo
↑ 7.5% YoY -2% vs US
1 Bedroom
National avg: $959
$913/mo
↑ 8.3% YoY -5% vs US
2 Bedroom
National avg: $1,175
$1,001/mo
↑ 7.3% YoY -15% vs US
3 Bedroom
National avg: $1,525
$1,334/mo
↑ 9.5% YoY -13% vs US
4 Bedroom
National avg: $1,756
$1,679/mo
↑ 7.4% YoY -4% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $811 $872 +$61 (+7.5%)
1 Bedroom $843 $913 +$70 (+8.3%)
2 Bedroom $933 $1,001 +$68 (+7.3%)
3 Bedroom $1,218 $1,334 +$116 (+9.5%)
4 Bedroom $1,564 $1,679 +$115 (+7.4%)

Affordability Snapshot

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

Required annual income for 1 BR
$36,520
$3,043/month gross
Required annual income for 2 BR
$40,040
$3,337/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.