The median 2 bedroom fair market rent across Jackson County's 5 tracked ZIP codes is $1,030 for FY2026, and typical market asking rent runs around $1,126. Rents here moved +6.2 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56111 | Alpha | $1,200 | +29.0% | |
| 56150 | Lakefield | $1,050 | +7.1% | |
| 56161 | Okabena | $1,030 | +6.2% | |
| 56137 | Heron Lake | $970 | +1.0% | |
| 56143 | Jackson | $970 | +4.3% | $1,126 |
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 Jackson County's 5 tracked ZIP codes is $1,030 for FY2026. Typical market asking rent runs around $1,126 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Alpha 56111 saw the biggest increase, +29.0 percent year over year. Heron Lake 56137 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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