Rent by ZIP · Wright County
Rent in Monticello, MN 55362
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,700 (+0.6% vs FY2026). Renters in this ZIP code pay a median $1,402 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,240 | $1,230 | +0.8% | $1,116–1,364 | $1,221 ±$517 |
| 1 bedroom | $1,400 | $1,390 | +0.7% | $1,260–1,540 | $1,045 ±$293 |
| 2 bedrooms | $1,700 | $1,690 | +0.6% | $1,530–1,870 | $1,252 ±$272 |
| 3 bedrooms | $2,220 | $2,240 | -0.9% | $1,998–2,442 | $2,112 ±$307 |
| 4 bedrooms | $2,490 | $2,500 | -0.4% | $2,241–2,739 | $2,134 ±$749 |
Small Area FMRs for the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. 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 Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area, 2 bedrooms: $1,734.
What renters pay in 55362
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 |
|---|---|---|---|
| 55363 | Montrose | $1,700 | $1,132 |
| 55360 | Mayer | $1,750 | – |
| 55364 | Mound | $1,580 | $1,408 |
| 55359 | Maple Plain | $1,540 | $1,196 |
| 55358 | Maple Lake | $1,540 | $869 |
| 55366 | New Auburn | $1,010 | $731 |
Fair Market Rents across Wright 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.