Traverse 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 three largest cities in Traverse County are Wheaton, Browns Valley, and Nashua. 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 Traverse County use?

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

Traverse County ($905) has a 15% lower FMR for 2-Bedroom housing than the average of Minnesota ($1,065) and therefore has a lower gross rent.

Traverse County is rank 60th out of 87 counties. This means the FMRs, or in other words, the gross rent is lower than 59 other counties. Traverse County is the 28th cheapest county in terms of FMRs.

Rent Tables Traverse County, MN

Fair Market Rent (40th Percentile)

$613
studio
$712
1-Bedroom
$905
2-Bedroom
$1,275
3-Bedroom
$1,390
4-Bedroom

Median Rent (50th Percentile)

$613
studio
$712
1-Bedroom
$905
2-Bedroom
$1,275
3-Bedroom
$1,390
4-Bedroom

Fair Market Rents on this page apply to the following cities in Traverse County, Minnesota: Wheaton, Browns Valley, and Nashua.

These Fair Market Rents also apply to the following ZIP codes in Traverse County, Minnesota: 56296, 56219, and 56565.

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Data Source

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