The median 2 bedroom fair market rent across Hubbard County's 6 tracked ZIP codes is $1,030 for FY2026. Rents here moved +8.6 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56458 | Lake George | $1,110 | +8.8% | |
| 56433 | Akeley | $1,050 | +7.1% | |
| 56461 | Laporte | $1,030 | +5.1% | |
| 56436 | Benedict | $1,010 | +8.6% | |
| 56470 | Park Rapids | $1,010 | +8.6% | |
| 56467 | Nevis | $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 Hubbard County's 6 tracked ZIP codes is $1,030 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Lake George 56458 saw the biggest increase, +8.8 percent year over year. Nevis 56467 saw the biggest decrease, +4.3 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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