FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 55720
0.87ratio
FMR$970
Market$1,110
vs market-$140
FMR is below market; voucher rent may lag private rents.
0.87
2 BR
2 BR- 55720
0.95ratio
FMR$1,220
Market$1,290
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 55720
1.15ratio
FMR$1,690
Market$1,470
vs market+$220
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 55720
1.42ratio
FMR$2,040
Market$1,440
vs market+$600
FMR is above market; underwrite to market rent.
1.42
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Cloquet, MN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cloquet, MN is $1,220 a month. That is down 3.2% from $1,260 in FY 2026. Cloquet is in the Duluth, MN-WI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,207. The median county two-bedroom FMR in Minnesota is $1,048, so Cloquet is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cloquet, MN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$870
$850
−2.3%
$765–$935
1BR
$1,000
$970
−3.0%
$873–$1,067
2BR
$1,260
$1,220
−3.2%
$1,098–$1,342
3BR
$1,730
$1,690
−2.3%
$1,521–$1,859
4BR
$2,110
$2,040
−3.3%
$1,836–$2,244
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cloquet, MN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$970
$1,220
$1,690
$2,040
FY 2026
$870
$1,000
$1,260
$1,730
$2,110
FY 2025
$830
$950
$1,210
$1,630
$2,030
FY 2024
$810
$920
$1,180
$1,570
$2,000
FY 2023
$810
$870
$1,130
$1,490
$1,860
Questions about Cloquet, MN rents
How much will Section 8 pay for a two-bedroom in Cloquet, MN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,207, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,086 to $1,328 a month; under the ZIP-level Small Area FMR of $1,220 it would be $1,098 to $1,342. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Cloquet, MN in?
Cloquet, MN is in the Duluth, MN-WI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,207.
How much did fair market rent change in Cloquet, MN for FY 2027?
The two-bedroom FMR fell 3.2%, from $1,260 in FY 2026 to $1,220 in FY 2027. Since FY 2023 it has risen 8.0%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set