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Minnesota · FIPS 27111 · HUD FY 2027

Otter Tail County, Minnesota Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Otter Tail County is $1,071 a month (rent plus utilities), 29% below the Minnesota average of $1,507 and 39% below the U.S. average of $1,761. That is up $88 (9.0%) from FY 2026. At 30% of income, a household needs about $42,840 a year to afford it.

  • $1,0712-bedroom FMR+$88 (+9.0%) vs FY 2026
  • $8191-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
  • $42,840Income for a 2-bedroom$21/hour full-time
  • 41 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$1,071/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Otter Tail County FMR$1,071$42,840–
Minnesota average$1,507$60,295–
U.S. average$1,761$70,432–
Otter Tail County Fair Market Rents, FY 2027 vs FY 2026, with state and U.S. averages
UnitOtter Tail County FY 2027FY 2026ChangeMinnesota avgU.S. avgIncome needed
Studio$746$678+$68 (+10.0%)$1,102$1,379$29,840
1 bedroom$819$749+$70 (+9.3%)$1,231$1,478$32,760
2 bedrooms$1,071$983+$88 (+9.0%)$1,507$1,761$42,840
3 bedrooms$1,476$1,367+$109 (+8.0%)$1,980$2,266$59,040
4 bedrooms$1,489$1,432+$57 (+4.0%)$2,243$2,607$59,560

How Otter Tail County compares

  • Otter Tail 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: $746, $819, $1,071, $1,476, $1,489. 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 20 ZIP codes mostly in Otter Tail County (by land area), the 2-bedroom figure ranges from $1,010 to $1,510.

Small Area FMRs by ZIP code in Otter Tail County

FY 2027 Small Area Fair Market Rents, ZIP codes in Otter Tail County
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
56324$710$780$1,010$1,410$1,470+$40 (+4.1%)6% below
56361$720$780$1,010$1,410$1,430+$40 (+4.1%)6% below
56453$810$840$1,090$1,440$1,660+$60 (+5.8%)2% above
56515$840$920$1,200$1,650$1,670+$130 (+12.1%)12% above
56518$730$800$1,050$1,450$1,460+$30 (+2.9%)2% below
56524$860$940$1,230$1,700$1,710+$130 (+11.8%)15% above
56527$730$800$1,030$1,400$1,450+$40 (+4.0%)4% below
56528$1,050$1,150$1,510$2,080$2,100+$100 (+7.1%)41% above
56533$800$890$1,160$1,600$1,690−$120 (−9.4%)8% above
56534$740$820$1,080$1,500$1,580−$120 (−10.0%)1% above
56537$760$830$1,090$1,500$1,520+$100 (+10.1%)2% above
56551$710$780$1,010$1,410$1,420+$40 (+4.1%)6% below
56567$710$780$1,010$1,410$1,420+$40 (+4.1%)6% below
56571$790$870$1,140$1,570$1,590−$10 (−0.9%)6% above
56572$770$840$1,100$1,510$1,530+$120 (+12.2%)3% above
56573$720$800$1,040$1,430$1,450+$70 (+7.2%)3% below
56576$720$800$1,040$1,430$1,450−$30 (−2.8%)3% below
56586$800$880$1,150$1,580$1,600no change7% above
56587$720$790$1,030$1,420$1,430+$60 (+6.2%)4% below
56588$760$830$1,070$1,490$1,500+$60 (+5.9%)about the same as

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