Itasca County, MN

2025 Fair Market Rents

Tags: 2025 Minnesota

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The top four largest cities in Itasca County are Grand Rapids, Hibbing, Bovey, and Cohasset. 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 Itasca County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Itasca 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 Itasca County compare?

Itasca County ($1,007) has a 6.8% lower FMR for 2-Bedroom housing than the average of Minnesota ($1,081) and therefore has a lower gross rent.

Itasca County is rank 35th out of 87 counties. This means the FMRs, or in other words, the gross rent is higher than 52 other counties. Itasca County is the 35th most expensive county in terms of FMRs.

Rent Tables Itasca County, MN

Fair Market Rent (40th Percentile)

$747
studio
$794
1-Bedroom
$1,007
2-Bedroom
$1,268
3-Bedroom
$1,392
4-Bedroom

Median Rent (50th Percentile)

$804
studio
$854
1-Bedroom
$1,084
2-Bedroom
$1,365
3-Bedroom
$1,498
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
55723 $730 $790 $1,010 $1,340 $1,710
55736 $730 $790 $1,010 $1,340 $1,710
55746 $730 $790 $1,010 $1,340 $1,710
55769 $730 $790 $1,010 $1,350 $1,710
55781 $730 $790 $1,010 $1,340 $1,710
55709 $840 $890 $1,130 $1,420 $1,560
55716 $730 $740 $960 $1,170 $1,290
55721 $730 $740 $960 $1,170 $1,290
55722 $730 $740 $960 $1,170 $1,290
55723 $730 $790 $1,010 $1,340 $1,710
55736 $730 $790 $1,010 $1,340 $1,710
55742 $730 $740 $960 $1,240 $1,500
55744 $780 $830 $1,050 $1,320 $1,450
55745 $750 $800 $1,010 $1,270 $1,400
55746 $730 $790 $1,010 $1,340 $1,710
55753 $730 $740 $960 $1,170 $1,290
55764 $880 $930 $1,180 $1,490 $1,630
55769 $730 $790 $1,010 $1,350 $1,710
55775 $740 $800 $1,010 $1,300 $1,470
55781 $730 $790 $1,010 $1,340 $1,710
55784 $730 $740 $960 $1,230 $1,430
55786 $730 $740 $960 $1,170 $1,290
55793 $730 $750 $960 $1,200 $1,310
56628 $930 $990 $1,250 $1,570 $1,730
56631 $750 $800 $1,010 $1,270 $1,400
56637 $820 $880 $1,110 $1,390 $1,540
56639 $810 $880 $1,130 $1,460 $1,660
56657 $840 $890 $1,130 $1,420 $1,560
56659 $730 $740 $960 $1,180 $1,300
56680 $730 $740 $960 $1,180 $1,300
56681 $730 $740 $960 $1,170 $1,290
56688 $750 $800 $1,010 $1,270 $1,400
56639 $810 $880 $1,130 $1,460 $1,660
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55723 $657 $711 $909 $1,206 $1,539
55736 $657 $711 $909 $1,206 $1,539
55746 $657 $711 $909 $1,206 $1,539
55769 $657 $711 $909 $1,215 $1,539
55781 $657 $711 $909 $1,206 $1,539
55709 $756 $801 $1,017 $1,278 $1,404
55716 $657 $666 $864 $1,053 $1,161
55721 $657 $666 $864 $1,053 $1,161
55722 $657 $666 $864 $1,053 $1,161
55723 $657 $711 $909 $1,206 $1,539
55736 $657 $711 $909 $1,206 $1,539
55742 $657 $666 $864 $1,116 $1,350
55744 $702 $747 $945 $1,188 $1,305
55745 $675 $720 $909 $1,143 $1,260
55746 $657 $711 $909 $1,206 $1,539
55753 $657 $666 $864 $1,053 $1,161
55764 $792 $837 $1,062 $1,341 $1,467
55769 $657 $711 $909 $1,215 $1,539
55775 $666 $720 $909 $1,170 $1,323
55781 $657 $711 $909 $1,206 $1,539
55784 $657 $666 $864 $1,107 $1,287
55786 $657 $666 $864 $1,053 $1,161
55793 $657 $675 $864 $1,080 $1,179
56628 $837 $891 $1,125 $1,413 $1,557
56631 $675 $720 $909 $1,143 $1,260
56637 $738 $792 $999 $1,251 $1,386
56639 $729 $792 $1,017 $1,314 $1,494
56657 $756 $801 $1,017 $1,278 $1,404
56659 $657 $666 $864 $1,062 $1,170
56680 $657 $666 $864 $1,062 $1,170
56681 $657 $666 $864 $1,053 $1,161
56688 $675 $720 $909 $1,143 $1,260
56639 $729 $792 $1,017 $1,314 $1,494
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
55723 $803 $869 $1,111 $1,474 $1,881
55736 $803 $869 $1,111 $1,474 $1,881
55746 $803 $869 $1,111 $1,474 $1,881
55769 $803 $869 $1,111 $1,485 $1,881
55781 $803 $869 $1,111 $1,474 $1,881
55709 $924 $979 $1,243 $1,562 $1,716
55716 $803 $814 $1,056 $1,287 $1,419
55721 $803 $814 $1,056 $1,287 $1,419
55722 $803 $814 $1,056 $1,287 $1,419
55723 $803 $869 $1,111 $1,474 $1,881
55736 $803 $869 $1,111 $1,474 $1,881
55742 $803 $814 $1,056 $1,364 $1,650
55744 $858 $913 $1,155 $1,452 $1,595
55745 $825 $880 $1,111 $1,397 $1,540
55746 $803 $869 $1,111 $1,474 $1,881
55753 $803 $814 $1,056 $1,287 $1,419
55764 $968 $1,023 $1,298 $1,639 $1,793
55769 $803 $869 $1,111 $1,485 $1,881
55775 $814 $880 $1,111 $1,430 $1,617
55781 $803 $869 $1,111 $1,474 $1,881
55784 $803 $814 $1,056 $1,353 $1,573
55786 $803 $814 $1,056 $1,287 $1,419
55793 $803 $825 $1,056 $1,320 $1,441
56628 $1,023 $1,089 $1,375 $1,727 $1,903
56631 $825 $880 $1,111 $1,397 $1,540
56637 $902 $968 $1,221 $1,529 $1,694
56639 $891 $968 $1,243 $1,606 $1,826
56657 $924 $979 $1,243 $1,562 $1,716
56659 $803 $814 $1,056 $1,298 $1,430
56680 $803 $814 $1,056 $1,298 $1,430
56681 $803 $814 $1,056 $1,287 $1,419
56688 $825 $880 $1,111 $1,397 $1,540
56639 $891 $968 $1,243 $1,606 $1,826

Fair Market Rents on this page apply to the following cities in Itasca County, Minnesota: Grand Rapids, Hibbing, Bovey, Cohasset, Cook, Nashwauk, Bigfork, Floodwood, Pengilly, Coleraine, Keewatin, Side Lake, Warba, Max, Wirt, Spring Lake, Marcell, Effie, Squaw Lake, and Talmoon.

These Fair Market Rents also apply to the following ZIP codes in Itasca County, Minnesota: 55744, 55746, 55709, 55721, 55723, 55769, 56628, 55736, 55775, 55722, 55753, 55781, 55793, 56659, 56688, 56680, 56657, 56639, 56681, and 56637.

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Data Source

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