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MN Rent Explorer / Stearns County / Kimball 55353
MN rent data, ZIP 55353

Average Rent in Kimball, Minnesota

The 2 bedroom fair market rent in Kimball (Stearns County) is $1,040 for FY2026. Rents here moved +0.0 percent year over year. ZIP 55353 sits in the Meeker County, MN area.

2BR fair market rent, FY2026
$1,040
HUD SAFMR, 40th percentile
Change vs FY2025
+0.0%
2 bedroom FMR, year over year
Since FY2021
+36.8%
2 bedroom FMR, cumulative

Rent by unit size

Unit sizeFY2026 FMRVs FY2025ACS median
Studio$780-1.3%
1 bedroom$800-2.4%
2 bedroom$1,040+0.0%
3 bedroom$1,360-1.4%
4 bedroom$1,620-1.2%

FMR is the HUD Fair Market Rent for this ZIP, the 40th percentile of gross rents. It anchors Section 8 payment standards and runs below top of market. ACS median is the Census survey estimate where available.

Rent trend in 55353

HUD 2 bedroom Fair Market Rent, by fiscal year
$700$800$900$1,000$1,10020212022202320242025HUD 2BR FMR

Nearby ZIP codes

Questions about rent in Kimball

What is the average rent in Kimball, MN?

The HUD fair market rent for a 2 bedroom in ZIP 55353 is $1,040 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 55353 this year?

The 2 bedroom fair market rent rose 0.0 percent from FY2025 to FY2026, moving from $1,040 to $1,040.

What is Fair Market Rent and why does it matter?

Fair Market Rent is HUD's estimate of the 40th percentile gross rent for a ZIP. It sets Section 8 payment standards, so it is the rent a voucher will support here. Investors use it as a conservative floor when underwriting rental income.

Is Kimball a good rental market?

Rent level is only one input. Run the numbers: at $1,040 for a 2 bedroom, a deal in Kimball pencils or it does not based on price, taxes, insurance, and financing. Pencilwrite computes cap rate, cash-on-cash, DSCR, and true ROE from a few inputs.

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