Freeborn County, MN

2025 Fair Market Rents

Tags: 2025 Minnesota

Return to the state page to see where Minnesota ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Freeborn County are Austin, Albert Lea, New Richland, and Glenville. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Freeborn County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Freeborn County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Freeborn County compare?

Freeborn County ($933) has a 13.7% lower FMR for 2-Bedroom housing than the average of Minnesota ($1,081) and therefore has a lower gross rent.

Freeborn County is rank 45th out of 87 counties. This means the FMRs, or in other words, the gross rent is lower than 44 other counties. Freeborn County is the 43rd cheapest county in terms of FMRs.

Rent Tables Freeborn County, MN

Fair Market Rent (40th Percentile)

$640
studio
$711
1-Bedroom
$933
2-Bedroom
$1,200
3-Bedroom
$1,354
4-Bedroom

Median Rent (50th Percentile)

$658
studio
$732
1-Bedroom
$960
2-Bedroom
$1,235
3-Bedroom
$1,393
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56072 $730 $740 $960 $1,350 $1,630
55912 $720 $800 $1,050 $1,330 $1,400
55953 $670 $750 $980 $1,250 $1,390
56007 $640 $710 $930 $1,200 $1,350
56016 $710 $790 $1,030 $1,320 $1,500
56020 $760 $850 $1,110 $1,430 $1,610
56026 $730 $740 $960 $1,350 $1,630
56029 $640 $710 $930 $1,200 $1,350
56032 $880 $980 $1,290 $1,660 $1,870
56035 $730 $740 $960 $1,350 $1,630
56036 $650 $720 $950 $1,220 $1,380
56042 $730 $780 $1,020 $1,360 $1,630
56043 $640 $710 $930 $1,200 $1,360
56045 $640 $710 $930 $1,200 $1,350
56072 $730 $740 $960 $1,350 $1,630
56089 $640 $710 $930 $1,200 $1,350
55912 $720 $800 $1,050 $1,330 $1,400
55953 $670 $750 $980 $1,250 $1,390
56026 $730 $740 $960 $1,350 $1,630
56035 $730 $740 $960 $1,350 $1,630
56042 $730 $780 $1,020 $1,360 $1,630
56072 $730 $740 $960 $1,350 $1,630
56026 $730 $740 $960 $1,350 $1,630
56042 $730 $780 $1,020 $1,360 $1,630
56072 $730 $740 $960 $1,350 $1,630
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56072 $657 $666 $864 $1,215 $1,467
55912 $648 $720 $945 $1,197 $1,260
55953 $603 $675 $882 $1,125 $1,251
56007 $576 $639 $837 $1,080 $1,215
56016 $639 $711 $927 $1,188 $1,350
56020 $684 $765 $999 $1,287 $1,449
56026 $657 $666 $864 $1,215 $1,467
56029 $576 $639 $837 $1,080 $1,215
56032 $792 $882 $1,161 $1,494 $1,683
56035 $657 $666 $864 $1,215 $1,467
56036 $585 $648 $855 $1,098 $1,242
56042 $657 $702 $918 $1,224 $1,467
56043 $576 $639 $837 $1,080 $1,224
56045 $576 $639 $837 $1,080 $1,215
56072 $657 $666 $864 $1,215 $1,467
56089 $576 $639 $837 $1,080 $1,215
55912 $648 $720 $945 $1,197 $1,260
55953 $603 $675 $882 $1,125 $1,251
56026 $657 $666 $864 $1,215 $1,467
56035 $657 $666 $864 $1,215 $1,467
56042 $657 $702 $918 $1,224 $1,467
56072 $657 $666 $864 $1,215 $1,467
56026 $657 $666 $864 $1,215 $1,467
56042 $657 $702 $918 $1,224 $1,467
56072 $657 $666 $864 $1,215 $1,467
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56072 $803 $814 $1,056 $1,485 $1,793
55912 $792 $880 $1,155 $1,463 $1,540
55953 $737 $825 $1,078 $1,375 $1,529
56007 $704 $781 $1,023 $1,320 $1,485
56016 $781 $869 $1,133 $1,452 $1,650
56020 $836 $935 $1,221 $1,573 $1,771
56026 $803 $814 $1,056 $1,485 $1,793
56029 $704 $781 $1,023 $1,320 $1,485
56032 $968 $1,078 $1,419 $1,826 $2,057
56035 $803 $814 $1,056 $1,485 $1,793
56036 $715 $792 $1,045 $1,342 $1,518
56042 $803 $858 $1,122 $1,496 $1,793
56043 $704 $781 $1,023 $1,320 $1,496
56045 $704 $781 $1,023 $1,320 $1,485
56072 $803 $814 $1,056 $1,485 $1,793
56089 $704 $781 $1,023 $1,320 $1,485
55912 $792 $880 $1,155 $1,463 $1,540
55953 $737 $825 $1,078 $1,375 $1,529
56026 $803 $814 $1,056 $1,485 $1,793
56035 $803 $814 $1,056 $1,485 $1,793
56042 $803 $858 $1,122 $1,496 $1,793
56072 $803 $814 $1,056 $1,485 $1,793
56026 $803 $814 $1,056 $1,485 $1,793
56042 $803 $858 $1,122 $1,496 $1,793
56072 $803 $814 $1,056 $1,485 $1,793

Fair Market Rents on this page apply to the following cities in Freeborn County, Minnesota: Austin, Albert Lea, New Richland, Glenville, Ellendale, Clarks Grove, Lyle, Hollandale, Hartland, Emmons, Hayward, Conger, Freeborn, Geneva, and Twin Lakes.

These Fair Market Rents also apply to the following ZIP codes in Freeborn County, Minnesota: 55912, 56007, 56072, 56036, 56026, 56016, 55953, 56045, 56042, 56029, 56043, 56020, 56032, 56035, and 56089.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.