What is the Fair Market Rent for a 2-bedroom in Le Sueur County, MN HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Le Sueur County, MN HUD Metro FMR Area is $1,078 per month for fiscal year 2026. The studio FMR is $816, 1-bedroom is $822, 3-bedroom is $1,499, and 4-bedroom is $1,748.

What income do you need to afford the FMR in Le Sueur County, MN HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $43,120 per year ($3,593 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,078 in Le Sueur County, MN HUD Metro FMR Area.

FY2026 Fair Market Rents — Le Sueur County, MN HUD Metro FMR Area

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

Studio

$816

1BR

$822

2BR

$1,078

3BR

$1,499

4BR

$1,748

Hours/week at min wage

75 hrs

to afford the 2BR FMR @ $11.13/hr (MN)

National rank

#485

of 661 U.S. metros (top 74% most expensive)

YoY change (2BR)

+0.3%

+$3 vs FY2025 · 5-yr +15.3%

Voucher payment standard

$970–$1,186

PHAs set HCV payment at 90–110% of the 2BR FMR

Le Sueur County, MN HUD Metro FMR Area

Metropolitan area · MN · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$816	$9,792
1-Bedroom	$822	$9,864
2-Bedroom	$1,078	$12,936
3-Bedroom	$1,499	$17,988
4-Bedroom	$1,748	$20,976

Recent 2-Bedroom FMR Trend

FY2020 $861 → FY2026 $1,078

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$816	$822	$1,078	$1,499	$1,748
FY2025	$814	$819	$1,075	$1,506	$1,760
FY2024	$804	$845	$1,110	$1,564	$1,758
FY2023	$711	$755	$994	$1,376	$1,625
FY2022	$659	$733	$964	$1,301	$1,494
FY2021	$695	$709	$935	$1,299	$1,449
FY2020	$649	$654	$861	$1,235	$1,334

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $116,800

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$24,550	$28,050	$31,550	$35,050	$38,680	$44,360
50% AMI (Very Low)	$40,900	$46,750	$52,600	$58,400	$63,100	$67,750
80% AMI (Low)	$65,450	$74,800	$84,150	$93,450	$100,950	$108,450

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,936/yr

FMR as % of Area Median Income

11.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$43,120/yr

$3,593/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	$1,022	$1,168	$1,314	$1,576	$1,693
60% AMI Maximum	$1,226	$1,401	$1,576	$1,892	$2,032

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	$816	$822	$1,078	$1,499	$1,748
Low HOME Rent	$1,022	$1,168	$1,315	$1,460	$1,577

Compare Le Sueur County, MN HUD Metro FMR Area 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

Le Sueur County