Wabasha County, MN

2024 Fair Market Rents

Tags: 2024 Wabasha County, MN HUD Metro FMR Area

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 Wabasha County are Wabasha, Altura, Kellogg, and Millville. 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 Wabasha County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Wabasha 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 Wabasha County compare?

Wabasha 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.

Wabasha 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. Wabasha County is the 28th cheapest county in terms of FMRs.

Rent Tables Wabasha County, MN

Fair Market Rent (40th Percentile)

$785
studio
$806
1-Bedroom
$905
2-Bedroom
$1,275
3-Bedroom
$1,536
4-Bedroom

Median Rent (50th Percentile)

$785
studio
$806
1-Bedroom
$905
2-Bedroom
$1,275
3-Bedroom
$1,536
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
55910 $780 $810 $910 $1,280 $1,540
55945 $850 $870 $980 $1,380 $1,660
55957 $780 $810 $910 $1,280 $1,540
55968 $1,070 $1,100 $1,230 $1,730 $2,090
55981 $780 $810 $910 $1,280 $1,540
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55910 $702 $729 $819 $1,152 $1,386
55945 $765 $783 $882 $1,242 $1,494
55957 $702 $729 $819 $1,152 $1,386
55968 $963 $990 $1,107 $1,557 $1,881
55981 $702 $729 $819 $1,152 $1,386
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55910 $858 $891 $1,001 $1,408 $1,694
55945 $935 $957 $1,078 $1,518 $1,826
55957 $858 $891 $1,001 $1,408 $1,694
55968 $1,177 $1,210 $1,353 $1,903 $2,299
55981 $858 $891 $1,001 $1,408 $1,694

Fair Market Rents on this page apply to the following cities in Wabasha County, Minnesota: Wabasha, Altura, Kellogg, Millville, and Reads Landing.

These Fair Market Rents also apply to the following ZIP codes in Wabasha County, Minnesota: 55981, 55910, 55945, 55957, and 55968.

Wabasha County, MN is considered part of the following metro FMR area: WABASHA COUNTY, MN HUD METRO FMR AREA.

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