FY2026 Fair Market Rents — Stevens County
Studio
$683
1BR
$755
2BR
$991
3BR
$1,378
4BR
$1,662
Stevens County, Minnesota
FIPS 27149 · County-level FMR and income limit data
FMR Area: Stevens County, MN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $683 | $8,196 |
| 1-Bedroom | $755 | $9,060 |
| 2-Bedroom | $991 | $11,892 |
| 3-Bedroom | $1,378 | $16,536 |
| 4-Bedroom | $1,662 | $19,944 |
To afford the FY2026 2-bedroom FMR of $991/mo under the 30%-of-income rule, a household needs about
$39,640/yr ($3,303/mo). Area Median Income is $100,400.
At MN's state minimum wage of $11.13/hr, a worker would need to work 69 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $683 | $755 | $991 | $1,378 | $1,662 |
| FY2025 | $640 | $711 | $933 | $1,307 | $1,567 |
| FY2024 | $657 | $738 | $970 | $1,367 | $1,603 |
| FY2023 | $563 | $702 | $842 | $1,197 | $1,344 |
| FY2022 | $503 | $664 | $757 | $1,075 | $1,218 |
| FY2021 | $484 | $644 | $734 | $1,050 | $1,236 |
| FY2020 | $471 | $627 | $714 | $957 | $1,200 |
FY2026 Income Limits
Area Median Income: $100,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,100 | $24,100 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,150 | $40,200 | $45,200 | $50,200 | $54,250 | $58,250 |
| 80% AMI | $56,250 | $64,250 | $72,300 | $80,300 | $86,750 | $93,150 |