Minnesota · FIPS 27149 · HUD FY 2027
Stevens County, Minnesota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Stevens County is $1,027 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 $36 (3.6%) from FY 2026. At 30% of income, a household needs about $41,080 a year to afford it.
- $1,0272-bedroom FMR+$36 (+3.6%) vs FY 2026
- $7851-bedroom FMRMinnesota: $1,231 · U.S.: $1,478
- $41,080Income for a 2-bedroom$20/hour full-time
- 47 of 872BR rank in Minnesota1 = highest rent
| Unit | Stevens County FY 2027 | FY 2026 | Change | Minnesota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $715 | $683 | +$32 (+4.7%) | $1,102 | $1,379 | $28,600 |
| 1 bedroom | $785 | $755 | +$30 (+4.0%) | $1,231 | $1,478 | $31,400 |
| 2 bedrooms | $1,027 | $991 | +$36 (+3.6%) | $1,507 | $1,761 | $41,080 |
| 3 bedrooms | $1,422 | $1,378 | +$44 (+3.2%) | $1,980 | $2,266 | $56,880 |
| 4 bedrooms | $1,717 | $1,662 | +$55 (+3.3%) | $2,243 | $2,607 | $68,680 |
How Stevens County compares
- Stevens 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: $715, $785, $1,027, $1,422, $1,717. 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 Stevens County (by land area), the 2-bedroom figure ranges from $1,010 to $1,230.
Small Area FMRs by ZIP code in Stevens County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 56207 | $710 | $780 | $1,010 | $1,410 | $1,690 | +$40 (+4.1%) | 2% below |
| 56221 | $710 | $780 | $1,010 | $1,400 | $1,670 | +$40 (+4.1%) | 2% below |
| 56235 | $860 | $940 | $1,230 | $1,700 | $2,060 | +$40 (+3.4%) | 20% above |
| 56244 | $710 | $780 | $1,010 | $1,380 | $1,630 | +$40 (+4.1%) | 2% below |
| 56267 | $720 | $800 | $1,040 | $1,440 | $1,740 | +$40 (+4.0%) | 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.