Rent by ZIP · Lake County
Rent in Beaver Bay, MN 55601
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,350 (+4.7% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $940 | $890 | +5.6% | $846–1,034 | – |
| 1 bedroom | $1,030 | $980 | +5.1% | $927–1,133 | – |
| 2 bedrooms | $1,350 | $1,290 | +4.7% | $1,215–1,485 | – |
| 3 bedrooms | $1,610 | $1,550 | +3.9% | $1,449–1,771 | – |
| 4 bedrooms | $1,970 | $1,980 | -0.5% | $1,773–2,167 | – |
Small Area FMRs for the Lake County, MN. 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 Lake County, MN, 2 bedrooms: $1,358.
What renters pay in 55601
Median gross rent–all sizes
Renter households23% of occupied homes
No cash rent2households
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 55602 | Brimson | $1,230 | – |
| 55603 | Finland | $1,150 | – |
| 55604 | Grand Marais | $1,080 | $865 |
| 55605 | Grand Portage | $1,010 | $675 |
| 55606 | Hovland | $1,070 | – |
| 55607 | Isabella | $1,150 | – |
Fair Market Rents across Lake 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.