FY2026 Fair Market Rents — Marshall County
Studio
$671
1BR
$742
2BR
$973
3BR
$1,182
4BR
$1,632
Marshall County, Minnesota
FIPS 27089 · County-level FMR and income limit data
FMR Area: Marshall County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $671 | $8,052 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,182 | $14,184 |
| 4-Bedroom | $1,632 | $19,584 |
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 $98,700.
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 | $742 | $973 | $1,182 | $1,632 |
| FY2025 | $640 | $711 | $933 | $1,128 | $1,567 |
| FY2024 | $620 | $696 | $914 | $1,129 | $1,516 |
| FY2023 | $556 | $631 | $831 | $1,034 | $1,393 |
| FY2022 | $503 | $575 | $757 | $960 | $1,296 |
| FY2021 | $484 | $557 | $734 | $971 | $1,271 |
| FY2020 | $465 | $542 | $714 | $991 | $1,201 |
FY2026 Income Limits
Area Median Income: $98,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,750 | $23,700 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,550 | $39,500 | $44,450 | $49,350 | $53,300 | $57,250 |
| 80% AMI | $55,300 | $63,200 | $71,100 | $78,950 | $85,300 | $91,600 |