The PHA sets a payment standard ranging from 90% to 110% of the Fair Market Rents (FMRs).

Lincoln County, MN, MN

In the year 2024, as a landlord, if you're looking to rent your property to a Section 8 tenant or another housing voucher program in Lincoln County, MN, you can consider the following rental prices based on HUD income limits.

Efficiency:The efficiency rental rates range from a low of $552 to a high of $674, with an average of $613.
One-bedroom: One-bedroom rental prices vary, with a minimum of $620, a maximum of $758, and an average of $689.
Two-bedroom: The rental rates for two-bedroom apartments exhibit a range, starting at a minimum of $815, peaking at a maximum of $996, and averaging at $905.
Three-bedroom: Three-bedroom rental rates exhibit a range, with a minimum of $1,108, a maximum of $1,354, and an average of $1,231.
Four-bedroom: The rental prices for four-bedroom properties fluctuate, ranging from a minimum of $1,178 to a maximum of $1,440, with an average of $1,309.

The fair market rent mentioned already includes all utilities. If a landlord chooses not to provide utility coverage, they can subtract the utility costs from the rent to determine the adjusted rental price.

Each housing authority establishes its own rental rates, so you should check the pricing set by that specific housing authority to determine the maximum amount they can offer. It's advisable to adhere to their pricing guidelines.

To apply for Section 8 housing, you can check your income against the Lincoln County, MN Housing Choice voucher income limit to determine your eligibility.

HUD's Fair Market Rent guides Section 8 rates for your rental unit.

Year Area HUD Fair Market Rent Bedrooms
Studio 1 Bedroom 2 Bedroom 3 Bedroom 4 Bedroom
2024 Lincoln County, MN, MN Low Rent (90%) $552 $620 $815 $1,108 $1,178
Average Rent $613 $689 $905 $1,231 $1,309
High Rent(110%) $674 $758 $996 $1,354 $1,440
2023 Lincoln County, MN, MN Low Rent (90%) $497 $597 $743 $994 $1,082
Average Rent $552 $663 $826 $1,104 $1,202
High Rent (110%) $607 $729 $909 $1,214 $1,322
2022 Lincoln County, MN, MN Low Rent (90%) $453 $531 $681 $899 $924
Average Rent $503 $590 $757 $999 $1,027
High Rent(110%) $553 $649 $833 $1,099 $1,130
2021 Lincoln County, MN, MN Low Rent (90%) $436 $509 $661 $853 $896
Average Rent $484 $565 $734 $948 $995
High Rent (110%) $532 $622 $807 $1,043 $1,095
2020 Lincoln County, MN, MN Low Rent (90%) $424 $488 $643 $801 $870
Average Rent $471 $542 $714 $890 $967
High Rent(110%) $518 $596 $785 $979 $1,064
2019 Lincoln County, MN, MN Low Rent (90%) $413 $476 $630 $789 $851
Average Rent $459 $529 $700 $877 $946
High Rent (110%) $505 $582 $770 $965 $1,041
2018 Lincoln County, MN, MN Low Rent (90%) $406 $472 $627 $787 $854
Average Rent $451 $524 $697 $874 $949
High Rent(110%) $496 $576 $767 $961 $1,044
2017 Lincoln County, MN, MN Low Rent (90%) $393 $461 $613 $767 $845
Average Rent $437 $512 $681 $852 $939
High Rent (110%) $481 $563 $749 $937 $1,033


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