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Minnesota · FIPS 27013 · HUD FY 2027

Blue Earth County, Minnesota Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Blue Earth County is $1,230 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 $59 (5.0%) from FY 2026. At 30% of income, a household needs about $49,200 a year to afford it.

  • $1,2302-bedroom FMR+$59 (+5.0%) vs FY 2026
  • $1,0231-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
  • $49,200Income for a 2-bedroom$24/hour full-time
  • 19 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$1,230/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Blue Earth County FMR$1,230$49,200–
Minnesota average$1,507$60,295–
U.S. average$1,761$70,432–
Blue Earth County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitBlue Earth County FY 2027FY 2026ChangeMinnesota avgU.S. avgIncome needed
Studio$1,016$971+$45 (+4.6%)$1,102$1,379$40,640
1 bedroom$1,023$977+$46 (+4.7%)$1,231$1,478$40,920
2 bedrooms$1,230$1,171+$59 (+5.0%)$1,507$1,761$49,200
3 bedrooms$1,703$1,629+$74 (+4.5%)$1,980$2,266$68,120
4 bedrooms$1,744$1,916−$172 (−9.0%)$2,243$2,607$69,760

How Blue Earth County compares

  • HUD sets this rent for the Mankato, MN metro FMR area, which covers 104,282 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: $1,016, $1,023, $1,230, $1,703, $1,744. 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 Blue Earth County (by land area), the 2-bedroom figure ranges from $1,060 to $1,670.

Small Area FMRs by ZIP code in Blue Earth County

FY 2027 Small Area Fair Market Rents, ZIP codes in Blue Earth County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
56001$1,120$1,120$1,350$1,870$1,910+$60 (+4.7%)10% above
56010$880$880$1,060$1,470$1,730no change14% below
56024$1,350$1,360$1,630$2,260$2,310+$70 (+4.5%)33% above
56034$880$890$1,070$1,480$1,730+$10 (+0.9%)13% below
56037$880$880$1,060$1,470$1,730no change14% below
56055$880$880$1,060$1,470$1,730no change14% below
56063$880$880$1,070$1,470$1,730−$110 (−9.3%)13% below
56065$880$880$1,060$1,470$1,730no change14% below
56068$880$990$1,180$1,610$1,730+$120 (+11.3%)4% below
56078$1,320$1,360$1,670$2,280$2,320+$130 (+8.4%)36% above
56080$880$880$1,060$1,470$1,730no change14% below
56090$980$990$1,190$1,650$1,770−$10 (−0.8%)3% below

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