Minnesota · HUD FY2026 Fair Market Rents · Updated

Rent in Polk County, MN

HUD puts rent for a two-bedroom in Polk County, MN at $1,089 a month for 2026, and a one-bedroom at $868. Keeping the two-bedroom under 30% of income takes $20.94 an hour full time, or $43,560 a year. The typical household there would spend 17.9% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,014 (down 6.9%).

Rent in Polk County, MN at a glance

2-bedroom rent (HUD)

$1,089$13,068 a year · HUD fiscal year 2026From October 1, 2026: $1,014 (−6.9%)
Studio$863$17/hr needed
1 bedroom$868$17/hr needed
Wage a 2-bedroom takes$20.94an hour, 40 hours a week
3 bedrooms$1,515$29/hr needed

How much rent can you afford in Polk 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$1,089Monthly market rent
Share of gross income17.9%Recommended max: 30%
Annual income needed$43,560To meet the 30% standard
Max affordable rent$1,828At 30% of $73,107
0%30% (Affordability standard)100%
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Rent in Polk 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 Polk County, MN, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$863$10,356$34,520$16.60/hr
1 bedroom$868$10,416$34,720$16.69/hr
2 bedroomsMost searched$1,089$13,068$43,560$20.94/hr
3 bedrooms$1,515$18,180$60,600$29.13/hr
4 bedrooms$1,827$21,924$73,080$35.13/hr

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

Rent in Polk County, MN: common questions

How much is rent going down in Polk County, MN in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,014 for a two-bedroom, down 6.9% from $1,089. A one-bedroom goes from $868 to $821, a studio from $863 to $816.

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 Polk County, MN?

HUD's Fair Market Rent for 2026 is $868 for a one-bedroom and $1,089 for a two-bedroom, utilities included. That is $13,068 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 Polk County, MN?

To keep a $1,089 two-bedroom at 30% of gross pay, one full-time worker needs $20.94 an hour, or $43,560 a year. A one-bedroom at $868 takes $16.69 an hour.

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

At HUD's 2026 Fair Market Rent: studio $863, one bedroom $868, two $1,089, three $1,515 and four $1,827 a month.

Is rent affordable in Polk County, MN?

For the typical household, earning $73,107 a year ($6,092 a month, Census ACS), a two-bedroom at $1,089 takes 17.9% 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: ($1,089 × 12) ÷ 0.30 = $43,560. Divided by 2,080 working hours, that is $20.94 an hour.