FY2026 Fair Market Rents — Meeker County, MN
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$687
1BR
$854
2BR
$997
3BR
$1,387
4BR
$1,407
Hours/week at min wage
69 hrs
to afford the 2BR FMR @ $11.13/hr (MN)
YoY change (2BR)
+6.9%
+$64 vs FY2025 · 5-yr +32.1%
Voucher payment standard
$897–$1,097
PHAs set HCV payment at 90–110% of the 2BR FMR
Meeker County, MN
Non-Metropolitan area · MN · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $687 | $8,244 |
| 1-Bedroom | $854 | $10,248 |
| 2-Bedroom | $997 | $11,964 |
| 3-Bedroom | $1,387 | $16,644 |
| 4-Bedroom | $1,407 | $16,884 |
Recent 2-Bedroom FMR Trend
FY2020 $784 → FY2026 $997
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $687 | $854 | $997 | $1,387 | $1,407 |
| FY2025 | $640 | $785 | $933 | $1,307 | $1,422 |
| FY2024 | $646 | $766 | $953 | $1,343 | $1,498 |
| FY2023 | $589 | $679 | $881 | $1,247 | $1,394 |
| FY2022 | $541 | $619 | $814 | $1,094 | $1,232 |
| FY2021 | $498 | $573 | $755 | $967 | $1,113 |
| FY2020 | $511 | $595 | $784 | $977 | $1,127 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $101,900
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $21,400 | $24,450 | $27,500 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $35,700 | $40,800 | $45,900 | $50,950 | $55,050 | $59,150 |
| 80% AMI (Low) | $57,050 | $65,200 | $73,350 | $81,500 | $88,050 | $94,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,964/yr
FMR as % of Area Median Income
11.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$39,880/yr
$3,323/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $891 | $1,019 | $1,146 | $1,375 | $1,477 |
| 60% AMI Maximum | $1,069 | $1,222 | $1,375 | $1,650 | $1,773 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $687 | $854 | $997 | $1,387 | $1,407 |
| Low HOME Rent | $892 | $1,020 | $1,147 | $1,273 | $1,376 |
Compare Meeker County, MN With Other MN Metros
vs. Duluth, MN-WI MSA
vs. Fargo, ND-MN MSA
vs. Fillmore County, MN HUD Metro FMR Area
vs. Grand Forks, ND-MN MSA
vs. La Crosse-Onalaska, WI-MN MSA