Compare Fair Market Rents — FY2026
| Bedroom | Mankato-North Mankato, M... | Fargo, ND-MN MSA |
|---|---|---|
| Studio | $971 | $768 |
| 1-Bedroom | $977 | $917 |
| 2-Bedroom | $1,171 | $1,112 |
| 3-Bedroom | $1,629 | $1,547 |
| 4-Bedroom | $1,916 | $1,865 |
Income Limits & Affordability
| Metric | Mankato-North Mankato, M... | Fargo, ND-MN MSA |
|---|---|---|
| Area Median Income (4p) | $106,500 | $115,200 |
| 50% AMI Limit (4p) | $53,250 | $57,600 |
| Income needed for 2BR FMR (30% rule) | $46,840 | $44,480 |