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Rent in Pennington County, MN

The Fair Market Rent (FMR) for a two-bedroom home in Pennington County, MN is $1,122/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 Pennington County, MN has an FMR of $1,122/month (FY2026). That is 15% above the national median of $974. Pennington County, MN ranks #764 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, Pennington County, MN

Unit sizeFair Market Rent / month
Studio / efficiency$774
1 bedroom$855
2 bedrooms$1,122
3 bedrooms$1,496
4 bedrooms$1,631

Nearby on the rent ranking

Frequently asked questions

How much is rent in Pennington County, MN?
The Fair Market Rent (FMR) for a two-bedroom unit in Pennington County, MN is $1,122 per month for HUD fiscal year 2026. A one-bedroom is $855 and a three-bedroom is $1,496 per month.
What is the studio and one-bedroom Fair Market Rent in Pennington County, MN?
For FY2026, HUD's efficiency/studio FMR in Pennington County, MN is $774 per month and the one-bedroom FMR is $855 per month.
How is the Fair Market Rent for Pennington 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 Pennington County, MN?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Pennington 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 Pennington County, MN compare nationally?
Pennington County, MN ranks #764 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.