Minnesota · FIPS 27057 · HUD FY 2027
Hubbard County, Minnesota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Hubbard County is $1,020 a month (rent plus utilities), 32% below the Minnesota average of $1,507 and 42% below the U.S. average of $1,761. That is up $12 (1.2%) from FY 2026. At 30% of income, a household needs about $40,800 a year to afford it.
- $1,0202-bedroom FMR+$12 (+1.2%) vs FY 2026
- $7801-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
- $40,800Income for a 2-bedroom$20/hour full-time
- 52 of 872BR rank in Minnesota1 = highest rent
| Unit | Hubbard County FY 2027 | FY 2026 | Change | Minnesota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $710 | $695 | +$15 (+2.2%) | $1,102 | $1,379 | $28,400 |
| 1 bedroom | $780 | $768 | +$12 (+1.6%) | $1,231 | $1,478 | $31,200 |
| 2 bedrooms | $1,020 | $1,008 | +$12 (+1.2%) | $1,507 | $1,761 | $40,800 |
| 3 bedrooms | $1,412 | $1,395 | +$17 (+1.2%) | $1,980 | $2,266 | $56,480 |
| 4 bedrooms | $1,705 | $1,642 | +$63 (+3.8%) | $2,243 | $2,607 | $68,200 |
How Hubbard County compares
- Hubbard 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: $710, $780, $1,020, $1,412, $1,705. 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 5 ZIP codes mostly in Hubbard County (by land area), the 2-bedroom figure ranges from $1,010 to $1,250.
Small Area FMRs by ZIP code in Hubbard County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 56433 | $750 | $820 | $1,070 | $1,460 | $1,790 | +$20 (+1.9%) | 5% above |
| 56458 | $870 | $960 | $1,250 | $1,730 | $2,090 | +$140 (+12.6%) | 23% above |
| 56461 | $710 | $780 | $1,010 | $1,410 | $1,700 | −$20 (−1.9%) | 1% below |
| 56467 | $710 | $780 | $1,010 | $1,410 | $1,700 | +$40 (+4.1%) | 1% below |
| 56470 | $710 | $780 | $1,030 | $1,410 | $1,700 | +$20 (+2.0%) | 1% above |
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.