Rent in Rice County, MN
The Fair Market Rent (FMR) for a two-bedroom home in Rice County, MN is $1,187/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 Rice County, MN has an FMR of $1,187/month (FY2026). That is 22% above the national median of $974. Rice County, MN ranks #607 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Rice County, MN
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $899 |
| 1 bedroom | $905 |
| 2 bedrooms | $1,187 |
| 3 bedrooms | $1,534 |
| 4 bedrooms | $1,991 |
Nearby on the rent ranking
- Eddy County, NM$1,188/mo
- Denali Borough, AK$1,187/mo
- Lynchburg, VA MSA$1,187/mo
- Spartanburg, SC HUD Metro FMR Area$1,187/mo
- Beaver County, UT$1,186/mo
- College Station-Bryan, TX MSA$1,186/mo
Frequently asked questions
- How much is rent in Rice County, MN?
- The Fair Market Rent (FMR) for a two-bedroom unit in Rice County, MN is $1,187 per month for HUD fiscal year 2026. A one-bedroom is $905 and a three-bedroom is $1,534 per month.
- What is the studio and one-bedroom Fair Market Rent in Rice County, MN?
- For FY2026, HUD's efficiency/studio FMR in Rice County, MN is $899 per month and the one-bedroom FMR is $905 per month.
- How is the Fair Market Rent for Rice 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 Rice County, MN?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Rice 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 Rice County, MN compare nationally?
- Rice County, MN ranks #607 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.