HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Polk County, Minnesota (FY 2027)
$1,014 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Polk County, and it's the baseline every voucher in Polk is measured against.
Two-bedroom FMR
$1,014
-6.9% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Minnesota
75th 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 | $816 | $734–$898 | $32,640 | $15.69/hr | -5.4% |
| 1 bedroom | $821 | $739–$903 | $32,840 | $15.79/hr | -5.4% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | -6.9% |
| 3 bedroom | $1,404 | $1,264–$1,544 | $56,160 | $27.00/hr | -7.3% |
| 4 bedroom | $1,695 | $1,526–$1,865 | $67,800 | $32.60/hr | -7.2% |
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 | $1,949 | $1,754–$2,144 |
| 6 bedroom Estimate | $2,204 | $1,984–$2,424 |
| 7 bedroom Estimate | $2,458 | $2,212–$2,704 |
| 8 bedroom Estimate | $2,712 | $2,441–$2,983 |
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 Polk actually rent for?
Search any address in Polk 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 Polk somewhere between $913 and $1,115. 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.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 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%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 7% from FY 2026 ($1,089) to FY 2027 ($1,014). Since FY 2020 it's up 22% in total, about 2.9% 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 | $570 | $650 | $832 | $1,200 | $1,461 | — |
| FY 2021 | $623 | $694 | $883 | $1,264 | $1,529 | +6.1% |
| FY 2022 | $605 | $669 | $854 | $1,213 | $1,462 | -3.3% |
| FY 2023 | $683 | $702 | $890 | $1,265 | $1,516 | +4.2% |
| FY 2024 | $731 | $736 | $929 | $1,309 | $1,577 | +4.4% |
| FY 2025 | $777 | $782 | $984 | $1,379 | $1,652 | +5.9% |
| FY 2026 | $863 | $868 | $1,089 | $1,515 | $1,827 | +10.7% |
| FY 2027In effect | $816 | $821 | $1,014 | $1,404 | $1,695 | -6.9% |
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 Polk, that runs from $816 for a studio up to $1,695 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Polk in with one other county in the Grand Forks metro, Grand Forks County among them, and every one of them gets $1,014 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Minnesota's 87 counties, Polk ranks 75th for two-bedroom FMR. That's about 3% below the state median of $1,048 and about 5% below the national median county at $1,063. About 30,705 people live here, 35th 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 56517 (Beltrami) and $1,180 in 56646 (Gully), with the 16 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 |
|---|---|---|---|
| 56517 | Beltrami | $1,010 | -0.4% |
| 56523 | Climax | $1,010 | -0.4% |
| 56535 | Erskine | $1,010 | -0.4% |
| 56540 | Fertile | $1,010 | -0.4% |
| 56542 | Fosston | $1,010 | -0.4% |
| 56556 | Mcintosh | $1,010 | -0.4% |
| 56568 | Nielsville | $1,010 | -0.4% |
| 56592 | Winger | $1,080 | +6.5% |
| 56646 | Gully | $1,180 | +16.4% |
| 56651 | Lengby | $1,180 | +16.4% |
| 56684 | Trail | $1,140 | +12.4% |
| 56716 | Crookston | $1,010 | -0.4% |
| 56721 | East Grand Forks | $1,010 | -0.4% |
| 56722 | Euclid | $1,020 | +0.6% |
| 56723 | Fisher | $1,060 | +4.5% |
| 56736 | Mentor | $1,010 | -0.4% |
Counties sharing the Grand Forks metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,014 two-bedroom figure as Polk.
Nearby counties
Two-bedroom FMR, with how each compares to Polk.
Red Lake County
16 mi · 3,915 people
$1,014
same rate
Pennington County
28 mi · 13,791 people
$1,142
+13%
Norman County
30 mi · 6,367 people
$1,014
same rate
Mahnomen County
33 mi · 5,358 people
$1,014
same rate
Clearwater County
42 mi · 8,616 people
$1,014
same rate
Marshall County
45 mi · 8,909 people
$1,014
same rate
Clay County
56 mi · 66,059 people
$1,104
+9%
Becker County
59 mi · 35,343 people
$1,105
+9%
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $816 for a studio, $821 for one bedroom, $1,404 for three and $1,695 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 Polk actually go for?
HUD's number is one input. Search any address in Polk for a rent estimate built from nearby comps. Free to start, no card.
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