The median 2 bedroom fair market rent across Redwood County's 14 tracked ZIP codes is $970 for FY2026. Rents here moved +4.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56266 | Morgan | $1,210 | +14.2% | |
| 56083 | Sanborn | $1,090 | +5.8% | |
| 56283 | Redwood Falls | $1,080 | +3.8% | |
| 56292 | Vesta | $1,080 | -9.2% | |
| 56294 | Wanda | $1,060 | +6.0% | |
| 56287 | Seaforth | $1,030 | -9.6% | |
| 56152 | Lamberton | $970 | +4.3% | |
| 56166 | Revere | $970 | +4.3% | |
| 56180 | Walnut Grove | $970 | +4.3% | |
| 56214 | Belview | $970 | +4.3% | |
| 56224 | Clements | $970 | +0.0% | |
| 56255 | Lucan | $970 | +4.3% | |
| 56263 | Milroy | $970 | +4.3% | |
| 56293 | Wabasso | $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 Redwood County's 14 tracked ZIP codes is $970 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Morgan 56266 saw the biggest increase, +14.2 percent year over year. Seaforth 56287 saw the biggest decrease, -9.6 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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