The median 2 bedroom fair market rent across Wabasha County's 9 tracked ZIP codes is $1,210 for FY2026. Rents here moved +8.6 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 55968 | Reads Landing | $1,300 | +4.0% | |
| 55956 | Mazeppa | $1,280 | +10.3% | |
| 55041 | Lake City | $1,240 | +5.1% | |
| 55932 | Elgin | $1,210 | +16.3% | |
| 55964 | Plainview | $1,210 | +16.3% | |
| 55991 | Zumbro Falls | $1,210 | +16.3% | |
| 55945 | Kellogg | $1,020 | +7.4% | |
| 55981 | Wabasha | $1,010 | +8.6% | |
| 55957 | Millville | $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 Wabasha County's 9 tracked ZIP codes is $1,210 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Zumbro Falls 55991 saw the biggest increase, +16.3 percent year over year. Reads Landing 55968 saw the biggest decrease, +4.0 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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