Rent by ZIP · Otter Tail County
Rent in Underwood, MN 56586
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (0% vs FY2026). Renters in this ZIP code pay a median $925 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $800 | $790 | +1.3% | $720–880 | – |
| 1 bedroom | $880 | $880 | 0% | $792–968 | $438 ±$184 |
| 2 bedrooms | $1,150 | $1,150 | 0% | $1,035–1,265 | $975 ±$386 |
| 3 bedrooms | $1,580 | $1,600 | -1.3% | $1,422–1,738 | $975 ±$491 |
| 4 bedrooms | $1,600 | $1,680 | -4.8% | $1,440–1,760 | $1,125 ±$347 |
Small Area FMRs for the Otter Tail 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 Otter Tail County, MN, 2 bedrooms: $1,071.
What renters pay in 56586
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 |
|---|---|---|---|
| 56585 | Ulen | $1,010 | $981 |
| 56587 | Vergas | $1,030 | $635 |
| 56584 | Twin Valley | $1,230 | $1,050 |
| 56588 | Vining | $1,070 | – |
| 56583 | Tintah | $1,080 | – |
| 56589 | Waubun | $1,010 | $983 |
Fair Market Rents across Otter Tail 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.