Rice County, MN Fair Market Rent
2026 HUD Fair Market Rents for Rice County, MN. Population: 39,317. Median household income: $34,531/year.
Fair Market Rent by Bedroom Size
Studio$465/mo
1 Bedroom$583/mo
2 Bedroom$697/mo
3 Bedroom$908/mo
4 Bedroom$1,015/mo
Rent Affordability Analysis
Median Income
$34,531/yr
Affordable Rent (30% Rule)
$863/mo
Rent Burden
24.2%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $465 | $5,580 | $18,600/yr |
| 1 Bedroom | $583 | $6,996 | $23,320/yr |
| 2 Bedroom | $697 | $8,364 | $27,880/yr |
| 3 Bedroom | $908 | $10,896 | $36,320/yr |
| 4 Bedroom | $1,015 | $12,180 | $40,600/yr |
Frequently Asked Questions
What is the fair market rent in Rice County, MN?
The 2026 HUD Fair Market Rent for a 2-bedroom in Rice County is $697/month. Studio: $465, 1BR: $583, 3BR: $908, 4BR: $1,015.
What is the rent burden in Rice County?
Rent burden in Rice County is 24.2% of median household income ($34,531/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Rice County?
To afford a 2-bedroom at $697/month using the 30% rule, you need an annual income of at least $27,880.
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