The median 2 bedroom fair market rent across Waseca County's 4 tracked ZIP codes is $1,060 for FY2026. Rents here moved +1.0 percent year over year.
| ZIP | City | 2BR FMR | YoY | Market rent |
|---|---|---|---|---|
| 56048 | Janesville | $1,060 | +6.0% | |
| 56093 | Waseca | $1,060 | -2.8% | |
| 56091 | Waldorf | $1,030 | -1.0% | |
| 56072 | New Richland | $970 | +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 Waseca County's 4 tracked ZIP codes is $1,060 for FY2026. Rent varies by ZIP, so use the table on this page for a specific area.
Janesville 56048 saw the biggest increase, +6.0 percent year over year. Waseca 56093 saw the biggest decrease, -2.8 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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