FY2026 Fair Market Rents — Renville County, MN

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$776
1BR
$781
2BR
$973
3BR
$1,353
4BR
$1,602
Hours/week at min wage
68 hrs
to afford the 2BR FMR @ $11.13/hr (MN)
YoY change (2BR)
+4.3%
+$40 vs FY2025 · 5-yr +32.6%
Voucher payment standard
$876–$1,070
PHAs set HCV payment at 90–110% of the 2BR FMR

Renville 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) $776 $9,312
1-Bedroom $781 $9,372
2-Bedroom $973 $11,676
3-Bedroom $1,353 $16,236
4-Bedroom $1,602 $19,224

Recent 2-Bedroom FMR Trend

FY2020 $714 → FY2026 $973
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $776 $781 $973 $1,353 $1,602
FY2025 $759 $763 $933 $1,307 $1,543
FY2024 $738 $742 $905 $1,275 $1,488
FY2023 $697 $702 $826 $1,174 $1,366
FY2022 $626 $630 $757 $1,075 $1,190
FY2021 $618 $622 $734 $1,008 $1,098
FY2020 $572 $575 $714 $940 $1,008

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $94,200

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $20,600 $23,550 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $34,300 $39,200 $44,100 $49,000 $52,950 $56,850
80% AMI (Low) $54,900 $62,750 $70,600 $78,400 $84,700 $90,950

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$11,676/yr
FMR as % of Area Median Income
12.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,920/yr
$3,243/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 $824 $942 $1,059 $1,271 $1,365
60% AMI Maximum $989 $1,130 $1,271 $1,526 $1,639

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 $776 $781 $973 $1,353 $1,530
Low HOME Rent $857 $980 $1,102 $1,225 $1,323

Compare Renville 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

Counties in This FMR Area

Renville County

Related Pages