PlainRent

Watonwan County

FY 2026 HUD Fair Market Rents in Minnesota. Population: 11,205.

Fair Market Rents (2026)

Studio
National avg: $893
$671/mo
↑ 4.8% YoY -25% vs US
1 Bedroom
National avg: $959
$842/mo
↑ 1.6% YoY -12% vs US
2 Bedroom
National avg: $1,175
$973/mo
↑ 4.3% YoY -17% vs US
3 Bedroom
National avg: $1,525
$1,283/mo
↑ 4.1% YoY -16% vs US
4 Bedroom
National avg: $1,756
$1,288/mo
↑ 4.1% YoY -27% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $640 $671 +$31 (+4.8%)
1 Bedroom $829 $842 +$13 (+1.6%)
2 Bedroom $933 $973 +$40 (+4.3%)
3 Bedroom $1,232 $1,283 +$51 (+4.1%)
4 Bedroom $1,237 $1,288 +$51 (+4.1%)

Affordability Snapshot

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

Required annual income for 1 BR
$33,680
$2,807/month gross
Required annual income for 2 BR
$38,920
$3,243/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.