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MN Rent Explorer / Wilkin County / Nashua 56565
MN rent data, ZIP 56565

Average Rent in Nashua, Minnesota

The 2 bedroom fair market rent in Nashua (Wilkin County) is $1,210 for FY2026. Rents here moved -3.2 percent year over year. ZIP 56565 sits in the Wilkin County, MN area.

2BR fair market rent, FY2026
$1,210
HUD SAFMR, 40th percentile
Change vs FY2025
-3.2%
2 bedroom FMR, year over year

Rent by unit size

Unit sizeFY2026 FMRVs FY2025ACS median
Studio$830-3.5%
1 bedroom$930-2.1%
2 bedroom$1,210-3.2%
3 bedroom$1,620-7.4%
4 bedroom$1,740-9.8%

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 56565

HUD 2 bedroom Fair Market Rent, by fiscal year
$1,100$1,200$1,3002025HUD 2BR FMR

Nearby ZIP codes

Questions about rent in Nashua

What is the average rent in Nashua, MN?

The HUD fair market rent for a 2 bedroom in ZIP 56565 is $1,210 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 56565 this year?

The 2 bedroom fair market rent fell 3.2 percent from FY2025 to FY2026, moving from $1,250 to $1,210.

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 Nashua a good rental market?

Rent level is only one input. Run the numbers: at $1,210 for a 2 bedroom, a deal in Nashua 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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