FY2026 Fair Market Rents — Pine County
Studio
$834
1BR
$839
2BR
$1,101
3BR
$1,320
4BR
$1,458
Pine County, Minnesota
FIPS 27115 · County-level FMR and income limit data
FMR Area: Pine County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $834 | $10,008 |
| 1-Bedroom | $839 | $10,068 |
| 2-Bedroom | $1,101 | $13,212 |
| 3-Bedroom | $1,320 | $15,840 |
| 4-Bedroom | $1,458 | $17,496 |
To afford the FY2026 2-bedroom FMR of $1,101/mo under the 30%-of-income rule, a household needs about
$44,040/yr ($3,670/mo). Area Median Income is $90,800.
At MN's state minimum wage of $11.13/hr, a worker would need to work 77 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $834 | $839 | $1,101 | $1,320 | $1,458 |
| FY2025 | $800 | $806 | $1,057 | $1,273 | $1,401 |
| FY2024 | $866 | $872 | $1,146 | $1,393 | $1,551 |
| FY2023 | $768 | $773 | $1,017 | $1,290 | $1,415 |
| FY2022 | $662 | $667 | $877 | $1,140 | $1,252 |
| FY2021 | $531 | $611 | $805 | $1,040 | $1,158 |
| FY2020 | $518 | $596 | $785 | $991 | $1,185 |
FY2026 Income Limits
Area Median Income: $90,800
| 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 |