FY2026 Fair Market Rents — Big Stone County
Studio
$671
1BR
$816
2BR
$973
3BR
$1,178
4BR
$1,329
Big Stone County, Minnesota
FIPS 27011 · County-level FMR and income limit data
FMR Area: Big Stone County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $671 | $8,052 |
| 1-Bedroom | $816 | $9,792 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,178 | $14,136 |
| 4-Bedroom | $1,329 | $15,948 |
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 $101,700.
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 | $671 | $816 | $973 | $1,178 | $1,329 |
| FY2025 | $640 | $794 | $933 | $1,194 | $1,329 |
| FY2024 | $613 | $775 | $905 | $1,275 | $1,366 |
| FY2023 | $552 | $651 | $826 | $1,174 | $1,264 |
| FY2022 | $503 | $575 | $757 | $1,075 | $1,188 |
| FY2021 | $484 | $557 | $734 | $1,050 | $1,159 |
| FY2020 | $471 | $542 | $714 | $1,002 | $1,006 |
FY2026 Income Limits
Area Median Income: $101,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,350 | $24,400 | $27,450 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,600 | $40,700 | $45,800 | $50,850 | $54,950 | $59,000 |
| 80% AMI | $56,950 | $65,100 | $73,250 | $81,350 | $87,900 | $94,400 |