The median 2 bedroom fair market rent across Goodhue County's 10 tracked ZIP codes is $1,270 for FY2026, and typical market asking rent runs around $1,313. Rents here moved +4.5 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55018 | Dennison | $1,640 | +4.5% | |
| 55026 | Frontenac | $1,640 | +43.9% | |
| 55009 | Cannon Falls | $1,520 | +4.1% | |
| 55089 | Welch | $1,520 | +4.1% | |
| 55027 | Goodhue | $1,270 | +3.3% | |
| 55946 | Kenyon | $1,210 | +11.0% | |
| 55963 | Pine Island | $1,210 | +14.2% | |
| 55066 | Red Wing | $1,150 | +4.5% | $1,313 |
| 55983 | Wanamingo | $970 | +2.1% | |
| 55992 | Zumbrota | $970 | +2.1% |
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 Goodhue County's 10 tracked ZIP codes is $1,270 for FY2026. Typical market asking rent runs around $1,313 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Frontenac 55026 saw the biggest increase, +43.9 percent year over year. Wanamingo 55983 saw the biggest decrease, +2.1 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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