Section 8 rent in Mille Lacs County, MN

FY2025 HUD Small Area Fair Market Rents for the Mille Lacs County, MN HUD Metro FMR Area, covering 13 ZIP codes.

$1,215Avg 2BR FMR / mo
$1,336Avg 2BR at 110% Standard
13ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$770$900$1,060$990
1 Bedroom$780$948$1,200$1,043
2 Bedrooms$1,020$1,215$1,460$1,336
3 Bedrooms$1,300$1,564$1,970$1,720
4 Bedrooms$1,730$1,969$2,370$2,166

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,430$29,160
Triplex3 × 2BR$3,645$43,740
Fourplex4 × 2BR$4,860$58,320
Fourplex4 × 3BR$6,256$75,072

Gross scheduled rent before vacancy, maintenance and management. Run any Minnesota multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 13 of 13 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
55371 $1,200 $1,460 $1,970 $2,240
56353 $1,200 $1,460 $1,970 $2,240
56358 $1,200 $1,460 $1,970 $2,240
56313 $1,070 $1,400 $1,780 $2,370
56363 $940 $1,230 $1,500 $2,070
56357 $910 $1,190 $1,510 $1,900
56450 $900 $1,180 $1,440 $1,910
56338 $860 $1,130 $1,570 $1,730
56330 $850 $1,120 $1,380 $1,860
56359 $820 $1,070 $1,300 $1,800
55051 $820 $1,050 $1,340 $1,780
56342 $780 $1,020 $1,300 $1,730
56386 $780 $1,020 $1,300 $1,730

Quick cash flow check

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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Mille Lacs County, MN?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Mille Lacs County, MN HUD Metro FMR Area is $1,215 per month, ranging from $1,020 to $1,460 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,336.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Mille Lacs County, MN, 2-bedroom SAFMRs run from $1,020 to $1,460 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Minnesota?
RealG searches live listings across Minnesota, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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