FY2026 Fair Market Rents — Sibley County
Studio
$671
1BR
$742
2BR
$973
3BR
$1,299
4BR
$1,304
Sibley County, Minnesota
FIPS 27143 · County-level FMR and income limit data
FMR Area: Sibley County, MN HUD Metro FMR Area
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 | $1,299 | $15,588 |
| 4-Bedroom | $1,304 | $15,648 |
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 $105,600.
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 | $1,299 | $1,304 |
| FY2025 | $640 | $711 | $933 | $1,232 | $1,237 |
| FY2024 | $662 | $762 | $977 | $1,245 | $1,301 |
| FY2023 | $574 | $692 | $858 | $1,095 | $1,190 |
| FY2022 | $521 | $637 | $784 | $991 | $1,134 |
| FY2021 | $555 | $660 | $808 | $1,070 | $1,194 |
| FY2020 | $531 | $621 | $785 | $1,052 | $1,167 |
FY2026 Income Limits
Area Median Income: $105,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,200 | $25,400 | $28,550 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,000 | $42,250 | $47,550 | $52,800 | $57,050 | $61,250 |
| 80% AMI | $59,150 | $67,600 | $76,050 | $84,500 | $91,300 | $98,050 |