The median 2 bedroom fair market rent across McLeod County's 8 tracked ZIP codes is $1,030 for FY2026. Rents here moved +4.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55381 | Silver Lake | $1,520 | +4.1% | |
| 55395 | Winsted | $1,520 | +4.1% | |
| 55370 | Plato | $1,070 | +3.9% | |
| 55350 | Hutchinson | $1,030 | +7.3% | |
| 55336 | Glencoe | $1,010 | +4.1% | |
| 55312 | Brownton | $970 | +4.3% | |
| 55354 | Lester Prairie | $970 | +4.3% | |
| 55385 | Stewart | $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 McLeod County's 8 tracked ZIP codes is $1,030 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Hutchinson 55350 saw the biggest increase, +7.3 percent year over year. Plato 55370 saw the biggest decrease, +3.9 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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