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Rent in Faribault County, MN

The Fair Market Rent (FMR) for a two-bedroom home in Faribault County, MN is $973/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in Faribault County, MN has an FMR of $973/month (FY2026). That is 0% below the national median of $974. Faribault County, MN ranks #1,405 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, Faribault County, MN

Unit sizeFair Market Rent / month
Studio / efficiency$671
1 bedroom$790
2 bedrooms$973
3 bedrooms$1,312
4 bedrooms$1,317

Nearby on the rent ranking

Frequently asked questions

How much is rent in Faribault County, MN?
The Fair Market Rent (FMR) for a two-bedroom unit in Faribault County, MN is $973 per month for HUD fiscal year 2026. A one-bedroom is $790 and a three-bedroom is $1,312 per month.
What is the studio and one-bedroom Fair Market Rent in Faribault County, MN?
For FY2026, HUD's efficiency/studio FMR in Faribault County, MN is $671 per month and the one-bedroom FMR is $790 per month.
How is the Fair Market Rent for Faribault County, MN calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in Faribault County, MN?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Faribault County, MN. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in Faribault County, MN compare nationally?
Faribault County, MN ranks #1,405 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.