FMR is below market; voucher rent may lag private rents.
0.83
1 BR
1 BR- 55959
0.93ratio
FMR$850
Market$910
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 55959
1.01ratio
FMR$1,070
Market$1,060
vs market+$10
FMR is near market; voucher and private rents are aligned.
1.01
3 BR
3 BR- 55959
1.03ratio
FMR$1,290
Market$1,250
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR- 55959
1.09ratio
FMR$1,560
Market$1,430
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Minnesota City, MN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Minnesota City, MN is $1,070 a month. That is up 3.9% from $1,030 in FY 2026. Minnesota City is in the Winona County, MN non-metropolitan FMR area. 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 county-wide two-bedroom FMR of $1,118. The median county two-bedroom FMR in Minnesota is $1,048, so Minnesota City is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Minnesota City, MN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$760
$750
−1.3%
$675–$825
1BR
$840
$850
+1.2%
$765–$935
2BR
$1,030
$1,070
+3.9%
$963–$1,177
3BR
$1,290
$1,290
0.0%
$1,161–$1,419
4BR
$1,490
$1,560
+4.7%
$1,404–$1,716
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Minnesota City, MN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$850
$1,070
$1,290
$1,560
FY 2026
$760
$840
$1,030
$1,290
$1,490
FY 2025
$690
$760
$930
$1,190
$1,290
FY 2024area FMR
$710
$818
$1,003
$1,313
$1,369
FY 2023area FMR
$598
$723
$894
$1,197
$1,298
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Minnesota City, MN rents
How much will Section 8 pay for a two-bedroom in Minnesota City, MN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,118, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,006 to $1,230 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 Minnesota City, MN in?
Minnesota City, MN is in the Winona County, MN non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,118.
How much did fair market rent change in Minnesota City, MN for FY 2027?
The two-bedroom FMR rose 3.9%, from $1,030 in FY 2026 to $1,070 in FY 2027. Since FY 2025 it has risen 15.1%.
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