FY2026 Fair Market Rents — Chisago County
Studio
$1,242
1BR
$1,405
2BR
$1,709
3BR
$2,262
4BR
$2,531
Chisago County, Minnesota
FIPS 27025 · County-level FMR and income limit data
FMR Area: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,242 | $14,904 |
| 1-Bedroom | $1,405 | $16,860 |
| 2-Bedroom | $1,709 | $20,508 |
| 3-Bedroom | $2,262 | $27,144 |
| 4-Bedroom | $2,531 | $30,372 |
To afford the FY2026 2-bedroom FMR of $1,709/mo under the 30%-of-income rule, a household needs about
$68,360/yr ($5,697/mo). Area Median Income is $131,500.
At MN's state minimum wage of $11.13/hr, a worker would need to work 119 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,242 | $1,405 | $1,709 | $2,262 | $2,531 |
| FY2025 | $1,220 | $1,381 | $1,685 | $2,244 | $2,513 |
| FY2024 | $1,174 | $1,327 | $1,622 | $2,188 | $2,478 |
| FY2023 | $1,007 | $1,149 | $1,410 | $1,916 | $2,209 |
| FY2022 | $932 | $1,078 | $1,329 | $1,841 | $2,145 |
| FY2021 | $898 | $1,054 | $1,308 | $1,838 | $2,156 |
| FY2020 | $820 | $971 | $1,214 | $1,722 | $2,025 |
FY2026 Income Limits
Area Median Income: $131,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $27,650 | $31,600 | $35,550 | $39,450 | $42,650 | $45,800 |
| 50% AMI | $46,050 | $52,600 | $59,200 | $65,750 | $71,050 | $76,300 |
| 80% AMI | $73,650 | $84,200 | $94,700 | $105,200 | $113,650 | $122,050 |