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Minnesota · FIPS 27009 · HUD FY 2027

Benton County, Minnesota Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Benton County is $1,233 a month (rent plus utilities), 18% below the Minnesota average of $1,507 and 30% below the U.S. average of $1,761. That is up $27 (2.2%) from FY 2026. At 30% of income, a household needs about $49,320 a year to afford it.

  • $1,2332-bedroom FMR+$27 (+2.2%) vs FY 2026
  • $9611-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
  • $49,320Income for a 2-bedroom$24/hour full-time
  • 17 of 872BR rank in Minnesota1 = highest rent

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Default: the income a 2-bedroom here needs at 30%.

Rent you can afford at 30% of income$1,233/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Benton County FMR$1,233$49,320–
Minnesota average$1,507$60,295–
U.S. average$1,761$70,432–
Benton County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitBenton County FY 2027FY 2026ChangeMinnesota avgU.S. avgIncome needed
Studio$884$874+$10 (+1.1%)$1,102$1,379$35,360
1 bedroom$961$919+$42 (+4.6%)$1,231$1,478$38,440
2 bedrooms$1,233$1,206+$27 (+2.2%)$1,507$1,761$49,320
3 bedrooms$1,656$1,604+$52 (+3.2%)$1,980$2,266$66,240
4 bedrooms$1,961$1,873+$88 (+4.7%)$2,243$2,607$78,440

How Benton County compares

  • HUD sets this rent for the St. Cloud, MN metro FMR area, which covers 202,458 residents in 2 counties.
  • Across Minnesota, 2-bedroom FMRs run from $1,014 (Yellow Medicine County) to $1,734 (Anoka County).
  • Studio to 4-bedroom: $884, $961, $1,233, $1,656, $1,961. 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 4 ZIP codes mostly in Benton County (by land area), the 2-bedroom figure ranges from $1,260 to $1,540.

Small Area FMRs by ZIP code in Benton County

FY 2027 Small Area Fair Market Rents, ZIP codes in Benton County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
56329$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)25% above
56357$930$1,010$1,300$1,660$2,100+$30 (+2.4%)5% above
56367$900$980$1,260$1,690$2,000no change2% above
56379$1,120$1,270$1,540$2,040$2,280+$20 (+1.3%)25% above

Sources

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.

All Minnesota counties · How HUD sets these rents