The median 2 bedroom fair market rent across Freeborn County's 12 tracked ZIP codes is $980 for FY2026, and typical market asking rent runs around $1,046. Rents here moved +4.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56032 | Freeborn | $1,320 | +2.3% | |
| 56009 | Alden | $1,190 | +7.2% | |
| 56020 | Conger | $1,190 | +7.2% | |
| 56016 | Clarks Grove | $1,050 | +1.9% | |
| 56036 | Glenville | $1,030 | +8.4% | |
| 56043 | Hayward | $980 | +5.4% | |
| 56007 | Albert Lea | $970 | +4.3% | $1,046 |
| 56029 | Emmons | $970 | +4.3% | |
| 56035 | Geneva | $970 | +1.0% | |
| 56042 | Hartland | $970 | -4.9% | |
| 56045 | Hollandale | $970 | +4.3% | |
| 56089 | Twin Lakes | $970 | +4.3% |
FMR is the HUD Fair Market Rent for each ZIP, the 40th percentile of gross rents. Market rent is the latest Zillow ZORI where Zillow covers that ZIP.
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The median 2 bedroom HUD fair market rent across Freeborn County's 12 tracked ZIP codes is $980 for FY2026. Typical market asking rent runs around $1,046 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Glenville 56036 saw the biggest increase, +8.4 percent year over year. Hartland 56042 saw the biggest decrease, -4.9 percent.
Fair Market Rent is HUD's estimate of the 40th percentile gross rent for a ZIP code. It sets Section 8 payment standards, so it is the rent a voucher will support there. Investors use it as a conservative floor when underwriting rental income.
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