FY2026 Fair Market Rents — St. Louis County
Studio
$849
1BR
$978
2BR
$1,232
3BR
$1,689
4BR
$2,067
St. Louis County, Minnesota
FIPS 27137 · County-level FMR and income limit data
FMR Area: Duluth, MN-WI MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $849 | $10,188 |
| 1-Bedroom | $978 | $11,736 |
| 2-Bedroom | $1,232 | $14,784 |
| 3-Bedroom | $1,689 | $20,268 |
| 4-Bedroom | $2,067 | $24,804 |
To afford the FY2026 2-bedroom FMR of $1,232/mo under the 30%-of-income rule, a household needs about
$49,280/yr ($4,107/mo). Area Median Income is $101,100.
At MN's state minimum wage of $11.13/hr, a worker would need to work 86 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $849 | $978 | $1,232 | $1,689 | $2,067 |
| FY2025 | $782 | $896 | $1,140 | $1,538 | $1,914 |
| FY2024 | $762 | $868 | $1,113 | $1,485 | $1,889 |
| FY2023 | $780 | $838 | $1,087 | $1,435 | $1,789 |
| FY2022 | $692 | $715 | $936 | $1,221 | $1,515 |
| FY2021 | $654 | $671 | $884 | $1,141 | $1,394 |
| FY2020 | $601 | $622 | $816 | $1,052 | $1,279 |
FY2026 Income Limits
Area Median Income: $101,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,250 | $24,300 | $27,350 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,400 | $40,450 | $45,500 | $50,550 | $54,600 | $58,650 |
| 80% AMI | $56,650 | $64,750 | $72,850 | $80,900 | $87,400 | $93,850 |