Rent in Steele County, MN
The Fair Market Rent (FMR) for a two-bedroom home in Steele County, MN is $1,142/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 Steele County, MN has an FMR of $1,142/month (FY2026). That is 17% above the national median of $974. Steele County, MN ranks #717 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).
Fair Market Rent by bedroom size, Steele County, MN
| Unit size | Fair Market Rent / month |
|---|---|
| Studio / efficiency | $787 |
| 1 bedroom | $870 |
| 2 bedrooms | $1,142 |
| 3 bedrooms | $1,549 |
| 4 bedrooms | $1,816 |
Nearby on the rent ranking
- Rocky Mount, NC MSA$1,143/mo
- Shelby County, KY HUD Metro FMR Area$1,143/mo
- Kosciusko County, IN$1,142/mo
- DeWitt County, TX$1,141/mo
- Door County, WI$1,141/mo
- Iowa City, IA HUD Metro FMR Area$1,141/mo
Frequently asked questions
- How much is rent in Steele County, MN?
- The Fair Market Rent (FMR) for a two-bedroom unit in Steele County, MN is $1,142 per month for HUD fiscal year 2026. A one-bedroom is $870 and a three-bedroom is $1,549 per month.
- What is the studio and one-bedroom Fair Market Rent in Steele County, MN?
- For FY2026, HUD's efficiency/studio FMR in Steele County, MN is $787 per month and the one-bedroom FMR is $870 per month.
- How is the Fair Market Rent for Steele 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 Steele County, MN?
- FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Steele 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 Steele County, MN compare nationally?
- Steele County, MN ranks #717 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.