Faribault County, MN fair market rent
Faribault County, MN · FY2027 · upcoming · effective October 1, 2026
Illustrative 90–110% range $913–$1,115 · +4.2% from FY2026
Gross rent including tenant-paid utilities. The range is HUD's basic payment-standard band, not your PHA's adopted standard or your voucher payment; your PHA's effective date may differ. Non-metro county. U.S. county median 2BR $1,056.
Your housing authority's payment standard: not verified on this page.
Confirm the amount, bedroom size, utility allowance and effective date for the unit's address before relying on it.
Find your housing authority| Unit | FY2027 | FY2026 | Change |
|---|---|---|---|
| Studio | $706 | $671 | +5.2% |
| 1 bedroom | $859 | $790 | +8.7% |
| 2 bedrooms | $1,014 | $973 | +4.2% |
| 3 bedrooms | $1,386 | $1,312 | +5.6% |
| 4 bedrooms | $1,391 | $1,317 | +5.6% |
All Minnesota areasHow payment standards work
Source: HUD Fair Market Rent data, FMR_All_1983_2027.csv, retrieved 2026-09-19.
2-bedroom FMR, last 11 years
- FY17$681
- FY18$697
- FY19$700
- FY20$714
- FY21$734
- FY22$757
- FY23$826
- FY24$905
- FY25$933
- FY26$973
- FY27$1,014
HUD's fiscal year runs October to September, so the FY2027 figure applies from October 1, 2026. The FMR is the 40th-percentile gross rent (rent plus tenant-paid utilities) for standard-quality units, from Census ACS data trended forward with recent rent surveys. It is not a rent cap for private landlords. Data & method
Small Area FMRs by ZIP code
16 ZIPs in Faribault County, MN- ZIP 56009Studio $910 · 1BR $990 · 3BR $1,710 · 4BR $1,960
- ZIP 56010Studio $880 · 1BR $880 · 3BR $1,470 · 4BR $1,730
- ZIP 56013Studio $750 · 1BR $910 · 3BR $1,460 · 4BR $1,470
- ZIP 56014Studio $710 · 1BR $860 · 3BR $1,400 · 4BR $1,400
- ZIP 56023Studio $750 · 1BR $910 · 3BR $1,460 · 4BR $1,470
- ZIP 56025Studio $910 · 1BR $1,070 · 3BR $1,780 · 4BR $1,790
- ZIP 56027Studio $770 · 1BR $930 · 3BR $1,500 · 4BR $1,500
- ZIP 56033Studio $710 · 1BR $860 · 3BR $1,400 · 4BR $1,400
- ZIP 56039Studio $770 · 1BR $920 · 3BR $1,450 · 4BR $1,460
- ZIP 56047Studio $710 · 1BR $860 · 3BR $1,400 · 4BR $1,400
- ZIP 56051Studio $930 · 1BR $1,130 · 3BR $1,830 · 4BR $1,840
- ZIP 56065Studio $880 · 1BR $880 · 3BR $1,470 · 4BR $1,730
- ZIP 56068Studio $880 · 1BR $990 · 3BR $1,610 · 4BR $1,730
- ZIP 56072Studio $710 · 1BR $790 · 3BR $1,400 · 4BR $1,640
- ZIP 56097Studio $710 · 1BR $850 · 3BR $1,390 · 4BR $1,410
- ZIP 56098Studio $730 · 1BR $890 · 3BR $1,440 · 4BR $1,440