FY2026 Fair Market Rents — St. Cloud, MN MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$874
1BR
$919
2BR
$1,206
3BR
$1,604
4BR
$1,873
Hours/week at min wage
84 hrs
to afford the 2BR FMR @ $11.13/hr (MN)
YoY change (2BR)
+4.8%
+$55 vs FY2025 · 5-yr +46.9%
Voucher payment standard
$1,085–$1,327
PHAs set HCV payment at 90–110% of the 2BR FMR
St. Cloud, MN MSA
Non-Metropolitan area · MN · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $874 | $10,488 |
| 1-Bedroom | $919 | $11,028 |
| 2-Bedroom | $1,206 | $14,472 |
| 3-Bedroom | $1,604 | $19,248 |
| 4-Bedroom | $1,873 | $22,476 |
Recent 2-Bedroom FMR Trend
FY2020 $804 → FY2026 $1,206
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $874 | $919 | $1,206 | $1,604 | $1,873 |
| FY2025 | $856 | $883 | $1,151 | $1,510 | $1,798 |
| FY2024 | $877 | $906 | $1,155 | $1,531 | $1,820 |
| FY2023 | $754 | $781 | $972 | $1,309 | $1,552 |
| FY2022 | $688 | $722 | $886 | $1,216 | $1,429 |
| FY2021 | $634 | $671 | $821 | $1,160 | $1,357 |
| FY2020 | $605 | $657 | $804 | $1,151 | $1,370 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $107,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $22,550 | $25,750 | $28,950 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $37,500 | $42,850 | $48,200 | $53,550 | $57,850 | $62,150 |
| 80% AMI (Low) | $60,000 | $68,600 | $77,150 | $85,700 | $92,600 | $99,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,472/yr
FMR as % of Area Median Income
13.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$48,240/yr
$4,020/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 | $937 | $1,071 | $1,204 | $1,445 | $1,552 |
| 60% AMI Maximum | $1,124 | $1,285 | $1,445 | $1,735 | $1,863 |
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 | $874 | $919 | $1,206 | $1,604 | $1,740 |
| Low HOME Rent | $937 | $1,071 | $1,205 | $1,338 | $1,446 |
Compare St. Cloud, MN MSA 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