Mille Lacs County, MN

2024 Fair Market Rents

Tags: 2024 Mille Lacs County, MN HUD Metro FMR Area

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The top four largest cities in Mille Lacs County are Onamia, Wahkon, Bock, and Pease. 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 Mille Lacs County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Mille Lacs County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

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 Mille Lacs County compare?

Mille Lacs County ($1,131) has a 6.2% higher FMR for 2-Bedroom housing than the average of Minnesota ($1,065) and therefore a higher gross rent.

Mille Lacs County is rank 19th out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than 68 other counties. Mille Lacs County is the 19th most expensive county in terms of FMRs.

Rent Tables Mille Lacs County, MN

Fair Market Rent (40th Percentile)

$855
studio
$861
1-Bedroom
$1,131
2-Bedroom
$1,440
3-Bedroom
$1,919
4-Bedroom

Median Rent (50th Percentile)

$902
studio
$908
1-Bedroom
$1,193
2-Bedroom
$1,519
3-Bedroom
$2,025
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56313 $0 $1,180 $1,550 $1,970 $2,630
56359 $0 $840 $1,100 $1,400 $1,870
56363 $0 $920 $1,210 $1,540 $2,050
56386 $0 $760 $1,000 $1,270 $1,700
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56313 $1,053 $1,062 $1,395 $1,773 $2,367
56359 $747 $756 $990 $1,260 $1,683
56363 $819 $828 $1,089 $1,386 $1,845
56386 $684 $684 $900 $1,143 $1,530
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56313 $1,287 $1,298 $1,705 $2,167 $2,893
56359 $913 $924 $1,210 $1,540 $2,057
56363 $1,001 $1,012 $1,331 $1,694 $2,255
56386 $836 $836 $1,100 $1,397 $1,870

Fair Market Rents on this page apply to the following cities in Mille Lacs County, Minnesota: Onamia, Wahkon, Bock, and Pease.

These Fair Market Rents also apply to the following ZIP codes in Mille Lacs County, Minnesota: 56359, 56386, 56313, and 56363.

Mille Lacs County, MN is considered part of the following metro FMR area: MILLE LACS COUNTY, MN HUD METRO FMR AREA.

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