FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 55987
1.04ratio
FMR$880
Market$850
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.04
2 BR
2 BR- 55987
0.99ratio
FMR$1,110
Market$1,120
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 55987
1.02ratio
FMR$1,340
Market$1,310
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.02
4 BR
4 BR- 55987
1.05ratio
FMR$1,610
Market$1,540
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.05
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
--
Winona, MN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Winona, MN is $1,110 a month. That is up 4.7% from $1,060 in FY 2026. Winona 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 Winona is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Winona, MN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$790
$780
−1.3%
$702–$858
1BR
$860
$880
+2.3%
$792–$968
2BR
$1,060
$1,110
+4.7%
$999–$1,221
3BR
$1,330
$1,340
+0.8%
$1,206–$1,474
4BR
$1,530
$1,610
+5.2%
$1,449–$1,771
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Winona, MN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$880
$1,110
$1,340
$1,610
FY 2026
$790
$860
$1,060
$1,330
$1,530
FY 2025
$700
$780
$950
$1,200
$1,310
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 Winona, MN rents
How much will Section 8 pay for a two-bedroom in Winona, 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 $1,110 it would be $999 to $1,221. 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 Winona, MN in?
Winona, 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 Winona, MN for FY 2027?
The two-bedroom FMR rose 4.7%, from $1,060 in FY 2026 to $1,110 in FY 2027. Since FY 2025 it has risen 16.8%.
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