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HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026

Fair Market Rent in Morrison County, Minnesota (FY 2026)

A two-bedroom in Morrison County carries a FY 2026 Fair Market Rent of $973 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Morrison keys off that figure.

2 bedroom FMR

$973

FY 2026, utilities included

Payment standard range

$876 to $1,070

90% to 110% of FMR

Income to afford 2BR

$38,920

per year, at 30% of income

Rank in Minnesota

71st of 87

by 2BR FMR

FY 2027 published

HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Morrison moves to $1,014. That's up 4%. The full FY 2027 table is in the history section below.

HUD's number is one input. What does a two-bedroom in Morrison actually rent for?

Search any address in Morrison for a rent estimate built from nearby comps, with the HUD figure right next to it.

FY 2026 Fair Market Rents

BedroomsFMRPayment standardIncome neededHourly wagevs FY 2025
Studio$671$604 to $738$26,840$12.90/hr-0.3%
1 bedroom$757$681 to $833$30,280$14.56/hr+4.8%
2 bedroom$973$876 to $1,070$38,920$18.71/hr+2.7%
3 bedroom$1,353$1,218 to $1,488$54,120$26.02/hr+2.0%
4 bedroom$1,454$1,309 to $1,599$58,160$27.96/hr+2.1%
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.

BedroomsEstimated FMRPayment standard
5 bedroom Estimate$1,672$1,505 to $1,839
6 bedroom Estimate$1,890$1,701 to $2,079
7 bedroom Estimate$2,108$1,897 to $2,319
8 bedroom Estimate$2,326$2,093 to $2,559

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 Morrison, that runs from $671 for a studio up to $1,454 for four bedrooms, all five rates in the table above.

Because Morrison 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, Bowlus included.

Among Minnesota's 87 counties, Morrison ranks 71st for two-bedroom FMR. That's about 3% below the state median of $999 and about 4% below the national median county at $1,018. About 34,023 people live here, 33rd 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 56384 (Upsala) and $1,240 in 56338 (Hillman), with the 12 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.

ZIPCity2BR ratevs county
56314Bowlus$1,090+12.0%
56317Buckman$973County rate
56328Flensburg$980+0.7%
56338Hillman$1,240+27.4%
56344Lastrup$973County rate
56345Little Falls$980+0.7%
56364Pierz$1,030+5.9%
56373Royalton$1,040+6.9%
56382Swanville$1,000+2.8%
56384Upsala$970-0.3%
56388Waite Park$1,240+27.4%
56443Cushing$1,160+19.2%
56466Motley$970-0.3%
56475Randall$970-0.3%

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 Morrison somewhere between $876 and $1,070. 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.

$973 a month is affordable, by HUD's 30% rule, on an income of roughly $38,920 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 incomeTenant pays (30%)HAP at 90% ($876)HAP at 100% ($973)HAP at 110% ($1,070)
$2,500$750$126$223$320
$4,000$1,200$0$0$0

Rate history

The two-bedroom rate went up 3% from FY 2025 ($947) to FY 2026 ($973). Since FY 2020 it's up 36% in total, about 5.3% a year. The Minnesota median moved up 7% over the same year.

YearStudio1 BR2 BR3 BR4 BR2BR change
FY 2020$471$542$714$984$1,037
FY 2021$484$557$734$1,022$1,084+2.8%
FY 2022$513$581$765$1,079$1,151+4.2%
FY 2023$583$637$839$1,169$1,272+9.7%
FY 2024$699$712$929$1,309$1,438+10.7%
FY 2025$673$722$947$1,327$1,424+1.9%
FY 2026$671$757$973$1,353$1,454+2.7%
FY 2027$706$789$1,014$1,404$1,484+4.2%

Nearby counties

Get next year's Morrison County rates the day they publish

HUD updates Fair Market Rents every October. One email a year, no newsletter.

Questions people ask

$973 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $671 for a studio, $757 for one bedroom, $1,353 for three and $1,454 for four.

Tools for this county

What does a rental in Morrison actually go for?

HUD's number is one input. Search any address in Morrison for a rent estimate built from nearby comps. 3 free searches, no card.

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