Rent by ZIP · Wabasha County
Rent in Lake City, MN 55041
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,180 (-4.8% vs FY2026). Renters in this ZIP code pay a median $881 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $990 | $1,030 | -3.9% | $891–1,089 | – |
| 1 bedroom | $1,060 | $1,110 | -4.5% | $954–1,166 | $640 ±$232 |
| 2 bedrooms | $1,180 | $1,240 | -4.8% | $1,062–1,298 | $862 ±$131 |
| 3 bedrooms | $1,560 | $1,660 | -6% | $1,404–1,716 | $1,105 ±$98 |
| 4 bedrooms | $1,880 | $2,080 | -9.6% | $1,692–2,068 | $977 ±$485 |
Small Area FMRs for the Wabasha County, MN HUD Metro FMR Area. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Wabasha County, MN HUD Metro FMR Area, 2 bedrooms: $1,014.
What renters pay in 55041
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 55040 | Isanti | $1,540 | $1,305 |
| 55042 | Lake Elmo | $1,810 | – |
| 55043 | Lakeland | $1,880 | $1,719 |
| 55038 | Hugo | $2,140 | $1,731 |
| 55044 | Lakeville | $2,170 | $1,769 |
| 55037 | Hinckley | $1,140 | $1,014 |
Fair Market Rents across Wabasha County, MN · All MN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.