Rent in Pennington County, MN at a glance
2-bedroom rent (HUD)
$1,122$13,464 a year · HUD fiscal year 2026From October 1, 2026: $1,142 (+1.8%)How much rent can you afford in Pennington 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 Pennington 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 | $774 | $9,288 | $30,960 | $14.88/hr |
| 1 bedroom | $855 | $10,260 | $34,200 | $16.44/hr |
| 2 bedroomsMost searched | $1,122 | $13,464 | $44,880 | $21.58/hr |
| 3 bedrooms | $1,496 | $17,952 | $59,840 | $28.77/hr |
| 4 bedrooms | $1,631 | $19,572 | $65,240 | $31.37/hr |
Cost of living in Pennington County, MN: income, prices and a budget →
Living and working in Pennington County, MN
Rent in Pennington County, MN: common questions
How much is rent going up in Pennington County, MN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,142 for a two-bedroom, up 1.8% from $1,122. A one-bedroom goes from $855 to $873, a studio from $774 to $795.
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 Pennington County, MN?
HUD's Fair Market Rent for 2026 is $855 for a one-bedroom and $1,122 for a two-bedroom, utilities included. That is $13,464 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 Pennington County, MN?
To keep a $1,122 two-bedroom at 30% of gross pay, one full-time worker needs $21.58 an hour, or $44,880 a year. A one-bedroom at $855 takes $16.44 an hour.
How much is a 1, 2 or 3-bedroom apartment in Pennington County, MN?
At HUD's 2026 Fair Market Rent: studio $774, one bedroom $855, two $1,122, three $1,496 and four $1,631 a month.
Is rent affordable in Pennington County, MN?
For the typical household, earning $77,325 a year ($6,444 a month, Census ACS), a two-bedroom at $1,122 takes 17.4% 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: ($1,122 × 12) ÷ 0.30 = $44,880. Divided by 2,080 working hours, that is $21.58 an hour.
