HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Pine County, Minnesota (FY 2027)
A two-bedroom in Pine County carries a FY 2027 Fair Market Rent of $1,096 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Pine keys off that figure.
Two-bedroom FMR
$1,096
-0.5% from FY 2026
Payment standard
$986–$1,206
90% to 110% of the FMR, two-bedroom
Income to afford
$43,840
a year, with rent at 30% of income
Rank in Minnesota
35th of 87
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $832 | $749–$915 | $33,280 | $16.00/hr | -0.2% |
| 1 bedroom | $838 | $754–$922 | $33,520 | $16.12/hr | -0.1% |
| 2 bedroom | $1,096 | $986–$1,206 | $43,840 | $21.08/hr | -0.5% |
| 3 bedroom | $1,306 | $1,175–$1,437 | $52,240 | $25.12/hr | -1.1% |
| 4 bedroom | $1,496 | $1,346–$1,646 | $59,840 | $28.77/hr | +2.6% |
Five to eight 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 | $1,720 | $1,548–$1,892 |
| 6 bedroom Estimate | $1,945 | $1,751–$2,140 |
| 7 bedroom Estimate | $2,169 | $1,952–$2,386 |
| 8 bedroom Estimate | $2,394 | $2,155–$2,633 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Pine actually rent for?
Search any address in Pine for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Pine somewhere between $986 and $1,206. 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.
$1,096 a month is affordable, by HUD's 30% rule, on an income of roughly $43,840 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$986 | Voucher pays at 100%$1,096 | Voucher pays at 110%$1,206 |
|---|---|---|---|---|
| $2,500 | $750 | $236 | $346 | $456 |
| $4,000 | $1,200 | $0 | $0 | $6 |
Rate history
The two-bedroom rate went down 0% from FY 2026 ($1,101) to FY 2027 ($1,096). Since FY 2020 it's up 40% in total, about 4.9% a year. The Minnesota median moved up 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $518 | $596 | $785 | $991 | $1,185 | — |
| FY 2021 | $531 | $611 | $805 | $1,040 | $1,158 | +2.5% |
| FY 2022 | $662 | $667 | $877 | $1,140 | $1,252 | +8.9% |
| FY 2023 | $768 | $773 | $1,017 | $1,290 | $1,415 | +16.0% |
| FY 2024 | $866 | $872 | $1,146 | $1,393 | $1,551 | +12.7% |
| FY 2025 | $800 | $806 | $1,057 | $1,273 | $1,401 | -7.8% |
| FY 2026 | $834 | $839 | $1,101 | $1,320 | $1,458 | +4.2% |
| FY 2027In effect | $832 | $838 | $1,096 | $1,306 | $1,496 | -0.5% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Pine, that runs from $832 for a studio up to $1,496 for four bedrooms, all five rates in the table above.
Because Pine 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, Brook Park included.
Among Minnesota's 87 counties, Pine ranks 35th for two-bedroom FMR. That's about 5% above the state median of $1,048 and about 3% above the national median county at $1,063. About 29,640 people live here, 37th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,010 in 55063 (Pine City) and $1,280 in 55783 (Sturgeon Lake), 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 55007 | Brook Park | $1,100 | +0.4% |
| 55030 | Grasston | $1,090 | -0.5% |
| 55036 | Henriette | $1,100 | +0.4% |
| 55037 | Hinckley | $1,140 | +4.0% |
| 55063 | Pine City | $1,010 | -7.8% |
| 55067 | Rock Creek | $1,096County rate | — |
| 55072 | Sandstone | $1,220 | +11.3% |
| 55704 | Askov | $1,010 | -7.8% |
| 55712 | Bruno | $1,120 | +2.2% |
| 55735 | Finlayson | $1,240 | +13.1% |
| 55756 | Kerrick | $1,170 | +6.8% |
| 55783 | Sturgeon Lake | $1,280 | +16.8% |
| 55795 | Willow River | $1,010 | -7.8% |
Nearby counties
Two-bedroom FMR, with how each compares to Pine.
Kanabec County
29 mi · 16,390 people
$1,014
-7%
Carlton County
37 mi · 36,518 people
$1,207
+10%
Isanti County
38 mi · 42,596 people
$1,734
+58%
Mille Lacs County
39 mi · 27,125 people
$1,124
+3%
Chisago County
44 mi · 57,991 people
$1,734
+58%
Aitkin County
50 mi · 16,056 people
$1,048
-4%
Benton County
62 mi · 41,593 people
$1,233
+13%
Anoka County
63 mi · 370,349 people
$1,734
+58%
Questions people ask
$1,096 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $832 for a studio, $838 for one bedroom, $1,306 for three and $1,496 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Pine actually go for?
HUD's number is one input. Search any address in Pine for a rent estimate built from nearby comps. Free to start, no card.
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