The median 2 bedroom fair market rent across Grant County's 7 tracked ZIP codes is $1,000 for FY2026. Rents here moved +4.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56311 | Barrett | $1,460 | +8.1% | |
| 56531 | Elbow Lake | $1,090 | +5.8% | |
| 56309 | Ashby | $1,020 | +4.1% | |
| 56590 | Wendell | $1,000 | +1.0% | |
| 56274 | Norcross | $990 | +3.1% | |
| 56248 | Herman | $970 | +4.3% | |
| 56339 | Hoffman | $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 Grant County's 7 tracked ZIP codes is $1,000 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Barrett 56311 saw the biggest increase, +8.1 percent year over year. Wendell 56590 saw the biggest decrease, +1.0 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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