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MN Rent Explorer / Wright County / Rockford 55373
MN rent data, ZIP 55373

Average Rent in Rockford, Minnesota

The 2 bedroom fair market rent in Rockford (Wright County) is $1,530 for FY2026. Rents here moved +0.0 percent year over year. ZIP 55373 sits in the Minneapolis-St. Paul-Bloomington, MN-WI area.

2BR fair market rent, FY2026
$1,530
HUD SAFMR, 40th percentile
Change vs FY2025
+0.0%
2 bedroom FMR, year over year
Since FY2021
+35.4%
2 bedroom FMR, cumulative

See how this ZIP compares for Section 8 vouchers, fair market rent against market asking rent for every tracked Minnesota ZIP.

Rent by unit size

Unit sizeFY2026 FMRVs FY2025ACS median
Studio$1,110+0.0%
1 bedroom$1,260+0.8%
2 bedroom$1,530+0.0%
3 bedroom$2,020-1.0%
4 bedroom$2,270-0.4%

FMR is the HUD Fair Market Rent for this ZIP, the 40th percentile of gross rents. It anchors Section 8 payment standards and runs below top of market. ACS median is the Census survey estimate where available.

Rent trend in 55373

HUD 2 bedroom Fair Market Rent, by fiscal year
$1,000$1,200$1,400$1,60020212022202320242025HUD 2BR FMR

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How 55373 compares

Among the 15 Wright County ZIP codes with a HUD rent estimate, 55373 ranks number 5 of 15 on 2 bedroom fair market rent. That is $10 above the county median of $1,520. The county runs from $1,520 in Waverly 55390 to $1,870 in Albertville 55301. Statewide the median 2 bedroom fair market rent is $1,090, which puts Rockford 40 percent above the Minnesota median. The largest single year move since FY2021 came in FY2024, +18.5 percent, and the 2 bedroom estimate has gone from $1,130 to $1,530 over 5 fiscal years. Zillow does not publish a rent index for 55373, so the fair market rent is the only published rent benchmark here. The landlord voucher check compares an asking rent against it. Voucher competitiveness for every Wright County ZIP code with both signals is on the Wright County Section 8 page.

Nearby ZIP codes

Of the 6 nearest ZIP codes with an estimate, Hamel 55340 carries the highest 2 bedroom fair market rent at $2,040 and Loretto 55357 the lowest at $1,520, against $1,530 here.

Questions about rent in Rockford

What is the average rent in Rockford, MN?

The HUD fair market rent for a 2 bedroom in ZIP 55373 is $1,530 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 55373 this year?

The 2 bedroom fair market rent rose 0.0 percent from FY2025 to FY2026, moving from $1,530 to $1,530.

What is Fair Market Rent and why does it matter?

Fair Market Rent is HUD's estimate of the 40th percentile gross rent for a ZIP. It sets Section 8 payment standards, so it is the rent a voucher will support here. Investors use it as a conservative floor when underwriting rental income.

Is Rockford a good rental market?

Rent level is only one input. Run the numbers: at $1,530 for a 2 bedroom, a deal in Rockford pencils or it does not based on price, taxes, insurance, and financing. Pencilwrite computes cap rate, cash-on-cash, DSCR, and true ROE from a few inputs.

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