FY2026 Fair Market Rents — Mower County
Studio
$723
1BR
$799
2BR
$1,049
3BR
$1,350
4BR
$1,461
Mower County, Minnesota
FIPS 27099 · County-level FMR and income limit data
FMR Area: Mower County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $723 | $8,676 |
| 1-Bedroom | $799 | $9,588 |
| 2-Bedroom | $1,049 | $12,588 |
| 3-Bedroom | $1,350 | $16,200 |
| 4-Bedroom | $1,461 | $17,532 |
To afford the FY2026 2-bedroom FMR of $1,049/mo under the 30%-of-income rule, a household needs about
$41,960/yr ($3,497/mo). Area Median Income is $97,800.
At MN's state minimum wage of $11.13/hr, a worker would need to work 73 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $723 | $799 | $1,049 | $1,350 | $1,461 |
| FY2025 | $708 | $787 | $1,033 | $1,304 | $1,390 |
| FY2024 | $735 | $826 | $1,085 | $1,378 | $1,544 |
| FY2023 | $648 | $736 | $969 | $1,275 | $1,378 |
| FY2022 | $561 | $642 | $845 | $1,151 | $1,257 |
| FY2021 | $509 | $585 | $771 | $1,100 | $1,130 |
| FY2020 | $513 | $598 | $788 | $1,111 | $1,142 |
FY2026 Income Limits
Area Median Income: $97,800
| 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 |