Steele County, MN

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 three largest cities in Steele County are Owatonna, Waseca, and Hope. 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 Steele County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Steele 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 Steele County compare?

Steele County ($1,061) has a 0.4% lower FMR for 2-Bedroom housing than the average of Minnesota ($1,065) and therefore has a lower gross rent.

Steele County is rank 31st out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than 56 other counties. Steele County is the 31st most expensive county in terms of FMRs.

Rent Tables Steele County, MN

Fair Market Rent (40th Percentile)

Median Rent (50th Percentile)

Related Areas

Fair Market Rents on this page apply to the following cities in Steele County, Minnesota: Owatonna, Waseca, and Hope.

These Fair Market Rents also apply to the following ZIP codes in Steele County, Minnesota: 55060, 56093, and 56046.

More on Steele County, MN

• Loan Limits to view maximum loan amounts in Steele County, MN
• Property Taxes to find local Property Taxes
• Income Limits to learn more about income assistance in your area
• Housing Authorites to find your local Housing Authorities

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