HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Hubbard County, Minnesota (FY 2026)
HUD's FY 2026 Fair Market Rent for a two-bedroom in Hubbard County is $1,008 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
2 bedroom FMR
$1,008
FY 2026, utilities included
Payment standard range
$907 to $1,109
90% to 110% of FMR
Income to afford 2BR
$40,320
per year, at 30% of income
Rank in Minnesota
42nd of 87
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Hubbard moves to $1,020. That's up 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Hubbard actually rent for?
Search any address in Hubbard for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $695 | $626 to $765 | $27,800 | $13.37/hr | +8.6% |
| 1 bedroom | $768 | $691 to $845 | $30,720 | $14.77/hr | +8.0% |
| 2 bedroom | $1,008 | $907 to $1,109 | $40,320 | $19.38/hr | +8.0% |
| 3 bedroom | $1,395 | $1,256 to $1,535 | $55,800 | $26.83/hr | +10.1% |
| 4 bedroom | $1,642 | $1,478 to $1,806 | $65,680 | $31.58/hr | +7.8% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,888 | $1,699 to $2,077 |
| 6 bedroom Estimate | $2,135 | $1,922 to $2,349 |
| 7 bedroom Estimate | $2,381 | $2,143 to $2,619 |
| 8 bedroom Estimate | $2,627 | $2,364 to $2,890 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Hubbard, that runs from $695 for a studio up to $1,642 for four bedrooms, all five rates in the table above.
Because Hubbard sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Akeley included.
Among Minnesota's 87 counties, Hubbard ranks 42nd for two-bedroom FMR. That's within a couple percent of the state median of $999 and within a couple percent of the national median county at $1,018. About 21,479 people live here, 45th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $970 in 56467 (Nevis) and $1,110 in 56458 (Lake George), with the 6 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Hubbard somewhere between $907 and $1,109. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,008 a month is affordable, by HUD's 30% rule, on an income of roughly $40,320 a year. Put another way, $19 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($907) | HAP at 100% ($1,008) | HAP at 110% ($1,109) |
|---|---|---|---|---|
| $2,500 | $750 | $157 | $258 | $359 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 8% from FY 2025 ($933) to FY 2026 ($1,008). Since FY 2020 it's up 40% in total, about 5.7% a year. The Minnesota median moved up 7% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $544 | $547 | $721 | $1,010 | $1,052 | — |
| FY 2021 | $496 | $557 | $734 | $982 | $1,025 | +1.8% |
| FY 2022 | $530 | $606 | $797 | $1,033 | $1,108 | +8.6% |
| FY 2023 | $596 | $677 | $891 | $1,121 | $1,307 | +11.8% |
| FY 2024 | $668 | $750 | $985 | $1,273 | $1,544 | +10.5% |
| FY 2025 | $640 | $711 | $933 | $1,267 | $1,523 | -5.3% |
| FY 2026 | $695 | $768 | $1,008 | $1,395 | $1,642 | +8.0% |
| FY 2027 | $710 | $780 | $1,020 | $1,412 | $1,705 | +1.2% |
Nearby counties
Questions people ask
$1,008 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $695 for a studio, $768 for one bedroom, $1,395 for three and $1,642 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Hubbard actually go for?
HUD's number is one input. Search any address in Hubbard for a rent estimate built from nearby comps. 3 free searches, no card.
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