Rochester, MN HUD Metro FMR Area
FY 2026 HUD Fair Market Rents for the Rochester, MN HUD Metro FMR Area metro area. Population: 225,911.
Fair Market Rents (2026)
Studio
National avg: $893
$1,112/mo
↑ 12.4% YoY
+25% vs US
1 Bedroom
National avg: $959
$1,189/mo
↑ 8.0% YoY
+24% vs US
2 Bedroom
National avg: $1,175
$1,407/mo
↑ 4.9% YoY
+20% vs US
3 Bedroom
National avg: $1,525
$1,957/mo
↑ 4.2% YoY
+28% vs US
4 Bedroom
National avg: $1,756
$2,360/mo
↑ 4.8% YoY
+34% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $989 | $1,112 | +$123 (+12.4%) |
| 1 Bedroom | $1,101 | $1,189 | +$88 (+8.0%) |
| 2 Bedroom | $1,341 | $1,407 | +$66 (+4.9%) |
| 3 Bedroom | $1,879 | $1,957 | +$78 (+4.2%) |
| 4 Bedroom | $2,252 | $2,360 | +$108 (+4.8%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$47,560
$3,963/month gross
Required annual income for 2 BR
$56,280
$4,690/month gross
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.