Fair Market Rent · Minnesota
Fair Market Rent in Nicollet County, MN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Nicollet County is $1,230 a month, +5% from FY2026. Nicollet County is part of the Mankato, MN MSA (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,016 | $971 | +4.6% | $914–1,118 |
| 1 bedroom | $1,023 | $977 | +4.7% | $921–1,125 |
| 2 bedrooms | $1,230 | $1,171 | +5% | $1,107–1,353 |
| 3 bedrooms | $1,703 | $1,629 | +4.5% | $1,533–1,873 |
| 4 bedrooms | $1,744 | $1,916 | -9% | $1,570–1,918 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Nicollet County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.