The median 2 bedroom fair market rent across Stevens County's 5 tracked ZIP codes is $970 for FY2026. Rents here moved +4.3 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56235 | Donnelly | $1,190 | +8.2% | |
| 56267 | Morris | $1,000 | +6.4% | |
| 56207 | Alberta | $970 | +4.3% | |
| 56221 | Chokio | $970 | +4.3% | |
| 56244 | Hancock | $970 | -8.5% |
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 Stevens County's 5 tracked ZIP codes is $970 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Donnelly 56235 saw the biggest increase, +8.2 percent year over year. Hancock 56244 saw the biggest decrease, -8.5 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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