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Rent by ZIP · Wright County

Rent in Montrose, MN 55363

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,700 (+9% vs FY2026). Renters in this ZIP code pay a median $1,405 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,240$1,130+9.7%$1,116–1,364–
1 bedroom$1,400$1,280+9.4%$1,260–1,540–
2 bedrooms$1,700$1,560+9%$1,530–1,870$1,132 ±$108
3 bedrooms$2,220$2,060+7.8%$1,998–2,442$1,593 ±$200
4 bedrooms$2,490$2,310+7.8%$2,241–2,739$1,466 ±$361

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 55363

Median gross rent$1,405±$176 · all sizes
Renter households39320% of occupied homes
No cash rent30households

How rents are spread

Under $1,00019%
$1,000–1,49941%
$1,500–1,99938%
$2,000–2,4992%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
55362Monticello$1,700$1,252
55364Mound$1,580$1,408
55360Mayer$1,750–
55366New Auburn$1,010$731
55359Maple Plain$1,540$1,196
55367New Germany$1,540$1,231

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.