FY2026 Fair Market Rents — Aitkin County
Studio
$737
1BR
$742
2BR
$973
3BR
$1,353
4BR
$1,471
Aitkin County, Minnesota
FIPS 27001 · County-level FMR and income limit data
FMR Area: Aitkin County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 4-Bedroom | $1,471 | $17,652 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $83,800.
At MN's state minimum wage of $11.13/hr, a worker would need to work 68 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $737 | $742 | $973 | $1,353 | $1,471 |
| FY2025 | $707 | $711 | $933 | $1,307 | $1,327 |
| FY2024 | $677 | $709 | $932 | $1,274 | $1,278 |
| FY2023 | $632 | $643 | $847 | $1,134 | $1,138 |
| FY2022 | $561 | $603 | $793 | $1,077 | $1,078 |
| FY2021 | $524 | $557 | $734 | $985 | $1,058 |
| FY2020 | $574 | $583 | $768 | $996 | $1,144 |
FY2026 Income Limits
Area Median Income: $83,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,600 | $23,550 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,300 | $39,200 | $44,100 | $49,000 | $52,950 | $56,850 |
| 80% AMI | $54,900 | $62,750 | $70,600 | $78,400 | $84,700 | $90,950 |