Rent by ZIP ·
Rent in Oak Island, MN 56741
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,150 (+13.9% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $800 | $700 | +14.3% | $720–880 | – |
| 1 bedroom | $880 | $770 | +14.3% | $792–968 | – |
| 2 bedrooms | $1,150 | $1,010 | +13.9% | $1,035–1,265 | – |
| 3 bedrooms | $1,370 | $1,210 | +13.2% | $1,233–1,507 | – |
| 4 bedrooms | $1,680 | $1,470 | +14.3% | $1,512–1,848 | – |
Small Area FMRs for the Lake of the Woods 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 of the Woods County, MN, 2 bedrooms: $1,154.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 56742 | Oklee | $1,060 | $950 |
| 56738 | Newfolden | $1,010 | $920 |
| 56744 | Oslo | $1,160 | $427 |
| 56737 | Middle River | $1,180 | $538 |
| 56736 | Mentor | $1,010 | $840 |
| 56735 | Lancaster | $1,010 | – |
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.