Yellow Medicine 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 two largest cities in Yellow Medicine County are Clarkfield and Hanley Falls. 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 Yellow Medicine County use?

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

Yellow Medicine 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.

Yellow Medicine 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. Yellow Medicine County is the 43rd cheapest county in terms of FMRs.

Rent Tables Yellow Medicine County, MN

Fair Market Rent (40th Percentile)

$640
studio
$711
1-Bedroom
$933
2-Bedroom
$1,124
3-Bedroom
$1,237
4-Bedroom

Median Rent (50th Percentile)

$640
studio
$711
1-Bedroom
$933
2-Bedroom
$1,124
3-Bedroom
$1,237
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
56223 $680 $750 $990 $1,190 $1,330
56223 $680 $750 $990 $1,190 $1,330
56245 $640 $710 $930 $1,120 $1,240
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56223 $612 $675 $891 $1,071 $1,197
56223 $612 $675 $891 $1,071 $1,197
56245 $576 $639 $837 $1,008 $1,116
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
56223 $748 $825 $1,089 $1,309 $1,463
56223 $748 $825 $1,089 $1,309 $1,463
56245 $704 $781 $1,023 $1,232 $1,364

Fair Market Rents on this page apply to the following cities in Yellow Medicine County, Minnesota: Clarkfield and Hanley Falls.

These Fair Market Rents also apply to the following ZIP codes in Yellow Medicine County, Minnesota: 56223 and 56245.

More on Yellow Medicine County, MN

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Data Source

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