FY2026 Fair Market Rents — Otter Tail County, MN
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$678
1BR
$749
2BR
$983
3BR
$1,367
4BR
$1,432
Hours/week at min wage
68 hrs
to afford the 2BR FMR @ $11.13/hr (MN)
YoY change (2BR)
+3.9%
+$37 vs FY2025 · 5-yr +33.9%
Voucher payment standard
$885–$1,081
PHAs set HCV payment at 90–110% of the 2BR FMR
Otter Tail 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) | $678 | $8,136 |
| 1-Bedroom | $749 | $8,988 |
| 2-Bedroom | $983 | $11,796 |
| 3-Bedroom | $1,367 | $16,404 |
| 4-Bedroom | $1,432 | $17,184 |
Recent 2-Bedroom FMR Trend
FY2020 $723 → FY2026 $983
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $678 | $749 | $983 | $1,367 | $1,432 |
| FY2025 | $649 | $721 | $946 | $1,307 | $1,381 |
| FY2024 | $640 | $718 | $944 | $1,289 | $1,395 |
| FY2023 | $651 | $656 | $863 | $1,151 | $1,261 |
| FY2022 | $590 | $594 | $781 | $1,029 | $1,128 |
| FY2021 | $553 | $557 | $734 | $957 | $1,015 |
| FY2020 | $509 | $549 | $723 | $921 | $979 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $99,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,950 | $23,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,900 | $39,900 | $44,900 | $49,850 | $53,850 | $57,850 |
| 80% AMI (Low) | $55,850 | $63,800 | $71,800 | $79,750 | $86,150 | $92,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,796/yr
FMR as % of Area Median Income
11.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$39,320/yr
$3,277/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 | $872 | $997 | $1,121 | $1,345 | $1,445 |
| 60% AMI Maximum | $1,046 | $1,196 | $1,345 | $1,615 | $1,734 |
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 | $678 | $749 | $983 | $1,367 | $1,432 |
| Low HOME Rent | $872 | $997 | $1,122 | $1,246 | $1,346 |
Compare Otter Tail 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