Minnesota · FIPS 27047 · HUD FY 2027
Freeborn County, Minnesota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Freeborn County is $1,033 a month (rent plus utilities), 31% below the Minnesota average of $1,507 and 41% below the U.S. average of $1,761. That is up $59 (6.1%) from FY 2026. At 30% of income, a household needs about $41,320 a year to afford it.
- $1,0332-bedroom FMR+$59 (+6.1%) vs FY 2026
- $7901-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
- $41,320Income for a 2-bedroom$20/hour full-time
- 45 of 872BR rank in Minnesota1 = highest rent
| Unit | Freeborn County FY 2027 | FY 2026 | Change | Minnesota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $719 | $672 | +$47 (+7.0%) | $1,102 | $1,379 | $28,760 |
| 1 bedroom | $790 | $742 | +$48 (+6.5%) | $1,231 | $1,478 | $31,600 |
| 2 bedrooms | $1,033 | $974 | +$59 (+6.1%) | $1,507 | $1,761 | $41,320 |
| 3 bedrooms | $1,355 | $1,283 | +$72 (+5.6%) | $1,980 | $2,266 | $54,200 |
| 4 bedrooms | $1,555 | $1,432 | +$123 (+8.6%) | $2,243 | $2,607 | $62,200 |
How Freeborn County compares
- Freeborn County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Minnesota, 2-bedroom FMRs run from $1,014 (Yellow Medicine County) to $1,734 (Anoka County).
- Studio to 4-bedroom: $719, $790, $1,033, $1,355, $1,555. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 12 ZIP codes mostly in Freeborn County (by land area), the 2-bedroom figure ranges from $1,010 to $1,300.
Small Area FMRs by ZIP code in Freeborn County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 56007 | $720 | $790 | $1,030 | $1,350 | $1,550 | +$60 (+6.2%) | about the same as |
| 56009 | $910 | $990 | $1,300 | $1,710 | $1,960 | +$110 (+9.2%) | 26% above |
| 56016 | $750 | $820 | $1,070 | $1,400 | $1,610 | +$20 (+1.9%) | 4% above |
| 56020 | $910 | $990 | $1,300 | $1,710 | $1,960 | +$110 (+9.2%) | 26% above |
| 56029 | $730 | $800 | $1,050 | $1,380 | $1,580 | +$80 (+8.2%) | 2% above |
| 56032 | $890 | $980 | $1,280 | $1,680 | $1,930 | −$40 (−3.0%) | 24% above |
| 56035 | $710 | $790 | $1,030 | $1,400 | $1,640 | +$60 (+6.2%) | about the same as |
| 56036 | $760 | $830 | $1,090 | $1,430 | $1,640 | +$60 (+5.8%) | 6% above |
| 56042 | $710 | $790 | $1,030 | $1,400 | $1,640 | +$60 (+6.2%) | about the same as |
| 56043 | $730 | $800 | $1,040 | $1,370 | $1,570 | +$60 (+6.1%) | 1% above |
| 56045 | $790 | $870 | $1,140 | $1,500 | $1,720 | +$170 (+17.5%) | 10% above |
| 56089 | $710 | $780 | $1,010 | $1,340 | $1,540 | +$40 (+4.1%) | 2% below |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.