Rent in McLeod County, MN at a glance
2-bedroom rent (HUD)
$999$11,988 a year · HUD fiscal year 2026From October 1, 2026: $1,073 (+7.4%)How much rent can you afford in McLeod County, MN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in McLeod 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.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $823 | $9,876 | $32,920 | $15.83/hr |
| 1 bedroom | $865 | $10,380 | $34,600 | $16.63/hr |
| 2 bedroomsMost searched | $999 | $11,988 | $39,960 | $19.21/hr |
| 3 bedrooms | $1,198 | $14,376 | $47,920 | $23.04/hr |
| 4 bedrooms | $1,662 | $19,944 | $66,480 | $31.96/hr |
Cost of living in McLeod County, MN: income, prices and a budget →
Living and working in McLeod County, MN
Rent in McLeod County, MN: common questions
How much is rent going up in McLeod County, MN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,073 for a two-bedroom, up 7.4% from $999. A one-bedroom goes from $865 to $951, a studio from $823 to $882.
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 McLeod County, MN?
HUD's Fair Market Rent for 2026 is $865 for a one-bedroom and $999 for a two-bedroom, utilities included. That is $11,988 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 McLeod County, MN?
To keep a $999 two-bedroom at 30% of gross pay, one full-time worker needs $19.21 an hour, or $39,960 a year. A one-bedroom at $865 takes $16.63 an hour.
How much is a 1, 2 or 3-bedroom apartment in McLeod County, MN?
At HUD's 2026 Fair Market Rent: studio $823, one bedroom $865, two $999, three $1,198 and four $1,662 a month.
Is rent affordable in McLeod County, MN?
For the typical household, earning $80,084 a year ($6,674 a month, Census ACS), a two-bedroom at $999 takes 15% 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: ($999 × 12) ÷ 0.30 = $39,960. Divided by 2,080 working hours, that is $19.21 an hour.