The median 2 bedroom fair market rent across Pennington County's 3 tracked ZIP codes is $1,130 for FY2026, and typical market asking rent runs around $1,260. Rents here moved +2.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56754 | Saint Hilaire | $1,310 | +2.3% | |
| 56701 | Thief River Falls | $1,130 | +4.6% | $1,260 |
| 56725 | Goodridge | $1,020 | +1.0% |
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 Pennington County's 3 tracked ZIP codes is $1,130 for FY2026. Typical market asking rent runs around $1,260 per Zillow. Rent varies by ZIP, so use the table on this page for a specific area.
Thief River Falls 56701 saw the biggest increase, +4.6 percent year over year. Goodridge 56725 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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