Minnesota · HUD FY2026 Fair Market Rents · Updated

Rent in Freeborn County, MN

HUD puts rent for a two-bedroom in Freeborn County, MN at $974 a month for 2026, and a one-bedroom at $742. Keeping the two-bedroom under 30% of income takes $18.73 an hour full time, or $38,960 a year. The typical household there would spend 16.5% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,033 (up 6.1%).

Rent in Freeborn County, MN at a glance

2-bedroom rent (HUD)

$974$11,688 a year · HUD fiscal year 2026From October 1, 2026: $1,033 (+6.1%)
Studio$672$13/hr needed
1 bedroom$742$14/hr needed
Wage a 2-bedroom takes$18.73an hour, 40 hours a week
3 bedrooms$1,283$25/hr needed

How much rent can you afford in Freeborn County, MN?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$974Monthly market rent
Share of gross income16.5%Recommended max: 30%
Annual income needed$38,960To meet the 30% standard
Max affordable rent$1,776At 30% of $71,023
0%30% (Affordability standard)100%
Compare against:

Rent in Freeborn County, MN by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Freeborn County, MN, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$672$8,064$26,880$12.92/hr
1 bedroom$742$8,904$29,680$14.27/hr
2 bedroomsMost searched$974$11,688$38,960$18.73/hr
3 bedrooms$1,283$15,396$51,320$24.67/hr
4 bedrooms$1,432$17,184$57,280$27.54/hr

Cost of living in Freeborn County, MN: income, prices and a budget →

Rent in Freeborn County, MN: common questions

How much is rent going up in Freeborn County, MN in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,033 for a two-bedroom, up 6.1% from $974. A one-bedroom goes from $742 to $790, a studio from $672 to $719.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Freeborn County, MN?

HUD's Fair Market Rent for 2026 is $742 for a one-bedroom and $974 for a two-bedroom, utilities included. That is $11,688 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Freeborn County, MN?

To keep a $974 two-bedroom at 30% of gross pay, one full-time worker needs $18.73 an hour, or $38,960 a year. A one-bedroom at $742 takes $14.27 an hour.

How much is a 1, 2 or 3-bedroom apartment in Freeborn County, MN?

At HUD's 2026 Fair Market Rent: studio $672, one bedroom $742, two $974, three $1,283 and four $1,432 a month.

Is rent affordable in Freeborn County, MN?

For the typical household, earning $71,023 a year ($5,919 a month, Census ACS), a two-bedroom at $974 takes 16.5% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($974 × 12) ÷ 0.30 = $38,960. Divided by 2,080 working hours, that is $18.73 an hour.