Rental Benchmark Overview
2-Bedroom Benchmark Rent
$997$11,964 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Meeker County, MN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Meeker County, MN
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $687 | $8,244 | $27,480 | $13.21/hr |
| 1-Bedroom Apartment | $854 | $10,248 | $34,160 | $16.42/hr |
| 2-Bedroom ApartmentStandard Benchmark | $997 | $11,964 | $39,880 | $19.17/hr |
| 3-Bedroom Home | $1,387 | $16,644 | $55,480 | $26.67/hr |
| 4-Bedroom Home | $1,407 | $16,884 | $56,280 | $27.06/hr |
See comprehensive cost of living profile for Meeker County, MN →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Minnesota:
Frequently Asked Questions About Rent in Meeker County, MN
What is the Fair Market Rent for a 2-bedroom in Meeker County, MN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Meeker County, MN is $997 per month ($11,964 per year).
What hourly wage is needed to afford rent in Meeker County, MN?
To comfortably afford a 2-bedroom apartment at $997/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.17 per hour ($39,880/year).
What are the HUD Fair Market Rents by bedroom count in Meeker County, MN?
Official 2026 HUD rents in Meeker County, MN are: Studio: $687/mo, 1-Bedroom: $854/mo, 2-Bedroom: $997/mo, 3-Bedroom: $1,387/mo, and 4-Bedroom: $1,407/mo.
How do HUD Fair Market Rents compare to local incomes in Meeker County, MN?
At the local Census ACS median household income of $75,446/year ($6,287/month), the benchmark 2-bedroom Fair Market Rent represents 15.9% of monthly income.
How is the 30% housing affordability standard calculated in Meeker County, MN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $997/month, the required minimum annual gross income is calculated as ($997 × 12) ÷ 0.30 = $39,880 per year.