Lake of the Woods County, MN

2024 Fair Market Rents

Tags: 2024 40th percentile Minnesota

Return to the state page to see where Minnesota ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Lake of the Woods County are Williams, Roosevelt, Angle Inlet, and Oak Island. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Lake of the Woods County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Lake of the Woods County uses 40th percentile Fair Market Rents.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Lake of the Woods County compare?

Lake of the Woods County ($974) has a 8.5% lower FMR for 2-Bedroom housing than the average of Minnesota ($1,065) and therefore has a lower gross rent.

Lake of the Woods County is rank 40th out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than 47 other counties. Lake of the Woods County is the 40th most expensive county in terms of FMRs.

Rent Tables Lake of the Woods County, MN

Fair Market Rent (40th Percentile)

$660
studio
$741
1-Bedroom
$974
2-Bedroom
$1,178
3-Bedroom
$1,408
4-Bedroom

Median Rent (50th Percentile)

$675
studio
$758
1-Bedroom
$996
2-Bedroom
$1,204
3-Bedroom
$1,440
4-Bedroom

Fair Market Rents on this page apply to the following cities in Lake of the Woods County, Minnesota: Williams, Roosevelt, Angle Inlet, and Oak Island.

These Fair Market Rents also apply to the following ZIP codes in Lake of the Woods County, Minnesota: 56686, 56673, 56711, and 56741.

More on Lake of the Woods County, MN

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.