FY2026 Fair Market Rents — Wabasha County
Studio
$872
1BR
$913
2BR
$1,001
3BR
$1,334
4BR
$1,679
Wabasha County, Minnesota
FIPS 27157 · County-level FMR and income limit data
FMR Area: Wabasha County, MN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $872 | $10,464 |
| 1-Bedroom | $913 | $10,956 |
| 2-Bedroom | $1,001 | $12,012 |
| 3-Bedroom | $1,334 | $16,008 |
| 4-Bedroom | $1,679 | $20,148 |
To afford the FY2026 2-bedroom FMR of $1,001/mo under the 30%-of-income rule, a household needs about
$40,040/yr ($3,337/mo). Area Median Income is $107,400.
At MN's state minimum wage of $11.13/hr, a worker would need to work 70 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $872 | $913 | $1,001 | $1,334 | $1,679 |
| FY2025 | $811 | $843 | $933 | $1,218 | $1,564 |
| FY2024 | $785 | $806 | $905 | $1,275 | $1,536 |
| FY2023 | $593 | $727 | $826 | $1,174 | $1,407 |
| FY2022 | $522 | $656 | $757 | $1,075 | $1,236 |
| FY2021 | $497 | $616 | $734 | $1,050 | $1,252 |
| FY2020 | $507 | $650 | $772 | $1,114 | $1,346 |
FY2026 Income Limits
Area Median Income: $107,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,550 | $25,800 | $29,000 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,600 | $43,000 | $48,350 | $53,700 | $58,000 | $62,300 |
| 80% AMI | $60,150 | $68,750 | $77,350 | $85,900 | $92,800 | $99,650 |