Metro FMR · CBSA 40340 · HUD FY2026

Rochester, MN HUD Metro FMR Area Fair Market Rent

HUD's FY2026 Fair Market Rent for the Rochester, MN HUD Metro FMR Area metro area - 24% above the US average.

$1,189
1-bedroom FMR
$1,407
2-bedroom FMR
+8.0%
YoY change
+24%
vs US avg

The verdict

A 2-bedroom in the Rochester, MN HUD Metro FMR Area area rents at $1,407 under HUD's FY2026 Fair Market Rent - 20% above the US average, higher than 63% of the 387 metro areas HUD tracks.

#143
priciest of 387 US metros (2BR)
+20%
vs the US 2-bedroom average
$56,280
income to afford it (30% rule)
+8.0%
1BR change, FY2025→2026

Affordability & income context

Rochester: #143 priciest nationally · income context

At the metro's ACS median household income of $89,675, this 1-bedroom FMR takes 15.9% of annual income. It is well below the 30% affordability guide for a median-income household.

The 2-bedroom figure places Rochester in the middle half of HUD metro areas, using the same FY2026 HUD schedule as the national comparison.

With 225,911 residents, this is a smaller-metro benchmark rather than a single-neighborhood rent quote.

Its 2-bedroom FMR sits in the middle half of HUD metro areas, so the local-income comparison is more informative than the national rank alone.

The studio-through-two-bedroom FMR bands stay below 30% of recorded median income here; the larger-bedroom rows show where that headroom narrows.

Observed renter burden: 44.0% of the 23,703 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from the FY2026 HUD FMR benchmark.

ACS median household income lags the FY2026 HUD FMR schedule. The income share is a same-metro cross-source read (Census ACS B19013 vs HUD FMR), not a same-vintage ratio.

Studio

$1,112/mo

14.9% of median income

1 Bedroom

$1,189/mo

15.9% of median income

2 Bedroom

$1,407/mo

18.8% of median income

3 Bedroom

$1,957/mo

26.2% of median income

4 Bedroom

$2,360/mo

31.6% of median income

FMR filing desk

CBSA CBSA·40340

Rochester: $1,189/mo 1BR · #143 of 387 metros (2BR) · FY2026 CBSA 40340

  • CBSA 40340
  • 1BR-FMR $1,189
  • 2BR-FMR $1,407
  • RANK-MID #143
  • YOY-SURGE +8.0%
  • VSUS-ABOVE +24%
  • IN-ST-HIGH #5 MN
  • INC-ROOM 16%
  • POP-MID 226K
  • PHOTO-NEAR Duluth
  • VOUCH-90-110 $1,070–$1,308
  • FY-2026 FY2026

Photo-finish peer: Duluth ($211 1BR gap)

Read with: Understanding rent burden

Where Rochester sits among every US metro

2-bedroom Fair Market Rent vs. all 387 HUD metro areas

$1,407 Top 37% higher than 63% of 387 metro areas

$800–$1,000: 28 metro areas (7%). Below this entry. $1,000–$1,200: 114 metro areas (29%). Below this entry. $1,200–$1,400: 95 metro areas (25%). Below this entry. $1,400–$1,600: 52 metro areas (13%). This entry sits in this band. $1,600–$1,800: 41 metro areas (11%). Above this entry. $1,800–$2,000: 26 metro areas (7%). Above this entry. $2,000–$2,200: 9 metro areas (2%). Above this entry. $2,200–$2,400: 5 metro areas (1%). Above this entry. $2,400–$2,600: 5 metro areas (1%). Above this entry. $2,600–$2,800: 5 metro areas (1%). Above this entry. $2,800–$3,000: 4 metro areas (1%). Above this entry. $3,000–$3,200: 2 metro areas (1%). Above this entry. $3,200–$3,400: 0 metro areas (0%). Above this entry. $3,400–$3,600: 0 metro areas (0%). Above this entry. $3,600–$3,800: 0 metro areas (0%). Above this entry. $3,800–$4,000: 0 metro areas (0%). Above this entry. $4,000–$4,200: 0 metro areas (0%). Above this entry. $4,200–$4,400: 1 metro areas (0%). Above this entry. This metro $800 $4,400 every US metro, bucketed by value

Each bar is a $0.2K-wide band; taller bars hold more metro areas. 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

CBSA 40340

Counties inside Rochester

HUD publishes one metro-wide FMR for CBSA 40340, but county-level schedules inside Rochester still diverge: 4 counties range from $1,001 (2BR in Wabasha) to $1,407 (Olmsted), a 41% spread. Olmsted is the largest county by population.

Olmsted County 2BR $1,407 · 162K Wabasha County 2BR $1,001 · 21K Fillmore County 2BR $1,022 · 21K Dodge County 2BR $1,407 · 21K

Rochester studio–4BR schedule (FY2026) · 2BR #143 nationally

1BR $1,189 (+24% vs US, +8.0% YoY). Each bedroom band below is FY2026 HUD FMR for CBSA 40340.

Studio
$1,112
US avg $893
↑12.4% YoY +25% vs US
1 Bedroom
$1,189
US avg $959
↑8.0% YoY +24% vs US
2 Bedroom
$1,407
US avg $1,175
↑4.9% YoY +20% vs US
3 Bedroom
$1,957
US avg $1,525
↑4.2% YoY +28% vs US
4 Bedroom
$2,360
US avg $1,756
↑4.8% YoY +34% vs US

How Rochester compares on 1-bedroom rent

1-bedroom FMR vs other MN metro areas

1BR FMR / mo

What this shows Rochester highlighted among 5 peers · FY2026 1BR HUD FMR.

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

Rochester: out-of-state FMR & burden peers

PlainRent pairs Rochester with the 4 nearest HUD 2BR schedules and 4 nearest burden matches outside MN (burden peers exclude the FMR set; pop ≥50k).

2BR FMR · outside MN

Nearest schedules by 2BR delta (FY2026).

Aransas County
TX · 2 BR $1,407/mo
State College
PA · 2 BR $1,406/mo
Hinesville
GA · 2 BR $1,406/mo
Watertown-Fort Drum
NY · 2 BR $1,405/mo

Burden % · outside MN

Nearest 2BR FMR ÷ ACS median income (FY2026).

Huntsville
AL · 18.8% of income · 2 BR $1,310/mo
Des Moines-West Des Moines
IA · 18.8% of income · 2 BR $1,318/mo
Erie County
OH · 18.8% of income · 2 BR $1,106/mo
Cochran County
TX · 18.7% of income · 2 BR $973/mo

Rochester: quick answers

What is the average rent in the Rochester, MN HUD Metro FMR Area metro area? ▼
The FY 2026 Fair Market Rent for a 1-bedroom in Rochester, MN HUD Metro FMR Area is $1,189 per month. A 2-bedroom is $1,407 and a studio is $1,112.
How does Rochester, MN HUD Metro FMR Area rent compare to the national average? ▼
Rent in the Rochester, MN HUD Metro FMR Area metro area is 24% above the national average. A 1-bedroom costs $1,189 compared to $959 nationally.
Where does Rochester rank nationally for Fair Market Rent? ▼
HUD's FY 2026 2-bedroom FMR of $1,407 ranks #143 most expensive among 387 US metro areas (the middle half of HUD metro areas).
Do county rents differ inside the Rochester metro area? ▼
Yes. HUD assigns one metro-wide FMR for CBSA 40340, but 4 constituent counties publish their own county FMR schedules spanning $1,001–$1,407 for a 2-bedroom (41% spread). Use county pages for filing at the county level.

Compare Rochester vs Duluth →

Data as of FY 2026. Source: U.S. Department of Housing and Urban Development (HUD) Fair Market Rents. Population and demographic data from U.S. Census Bureau American Community Survey (ACS).

Read our methodology - how this data is sourced, computed, and verified.

FY 2026 HUD FMR $1,189/mo · 1BR MN

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.