Montgomery County, MN Fair Market Rent
2026 HUD Fair Market Rents for Montgomery County, MN. Population: 4,750. Median household income: $46,760/year.
Fair Market Rent by Bedroom Size
Rent Affordability Analysis
Median Income
$46,760/yr
Affordable Rent (30% Rule)
$1,169/mo
Rent Burden
27.4%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $705 | $8,460 | $28,200/yr |
| 1 Bedroom | $835 | $10,020 | $33,400/yr |
| 2 Bedroom | $1,067 | $12,804 | $42,680/yr |
| 3 Bedroom | $1,281 | $15,372 | $51,240/yr |
| 4 Bedroom | $1,533 | $18,396 | $61,320/yr |
Frequently Asked Questions
What is the fair market rent in Montgomery County, MN?
The 2026 HUD Fair Market Rent for a 2-bedroom in Montgomery County is $1,067/month. Studio: $705, 1BR: $835, 3BR: $1,281, 4BR: $1,533.
What is the rent burden in Montgomery County?
Rent burden in Montgomery County is 27.4% of median household income ($46,760/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Montgomery County?
To afford a 2-bedroom at $1,067/month using the 30% rule, you need an annual income of at least $42,680.
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