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MN Rent Explorer / Houston County / La Crescent 55947
MN rent data, ZIP 55947

Average Rent in La Crescent, Minnesota

The 2 bedroom fair market rent in La Crescent (Houston County) is $1,140 for FY2026. Rents here moved -1.7 percent year over year. ZIP 55947 sits in the Winona County, MN area.

2BR fair market rent, FY2026
$1,140
HUD SAFMR, 40th percentile
Change vs FY2025
-1.7%
2 bedroom FMR, year over year
Since FY2021
+42.5%
2 bedroom FMR, cumulative

Rent by unit size

Unit sizeFY2026 FMRVs FY2025ACS median
Studio$790-1.2%
1 bedroom$870-2.2%
2 bedroom$1,140-1.7%
3 bedroom$1,480-3.3%
4 bedroom$1,840-3.2%

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 55947

HUD 2 bedroom Fair Market Rent, by fiscal year
$700$900$1,100$1,30020212022202320242025HUD 2BR FMR

Nearby ZIP codes

Questions about rent in La Crescent

What is the average rent in La Crescent, MN?

The HUD fair market rent for a 2 bedroom in ZIP 55947 is $1,140 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 55947 this year?

The 2 bedroom fair market rent fell 1.7 percent from FY2025 to FY2026, moving from $1,160 to $1,140.

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 La Crescent a good rental market?

Rent level is only one input. Run the numbers: at $1,140 for a 2 bedroom, a deal in La Crescent 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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