The 2 bedroom fair market rent in Caledonia (Houston County) is $1,080 for FY2026. Rents here moved +6.9 percent year over year. ZIP 55921 sits in the La Crosse-Onalaska, WI-MN area.
See how this ZIP compares for Section 8 vouchers, fair market rent against market asking rent for every tracked Minnesota ZIP.
| Unit size | FY2026 FMR | Vs FY2025 | ACS median |
|---|---|---|---|
| Studio | $740 | +7.2% | |
| 1 bedroom | $830 | +6.4% | |
| 2 bedroom | $1,080 | +6.9% | |
| 3 bedroom | $1,430 | +4.4% | |
| 4 bedroom | $1,800 | +4.7% |
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.
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Among the 7 Houston County ZIP codes with a HUD rent estimate, 55921 ranks number 4 of 7 on 2 bedroom fair market rent. It sits right at the county median of $1,080. The county runs from $1,080 in Houston 55943 to $1,140 in La Crescent 55947. Statewide the median 2 bedroom fair market rent is $1,090, which puts Caledonia 1 percent below the Minnesota median. The largest single year move since FY2021 came in FY2024, +10.7 percent, and the 2 bedroom estimate has gone from $750 to $1,080 over 5 fiscal years. Zillow does not publish a rent index for 55921, so the fair market rent is the only published rent benchmark here. The landlord voucher check compares an asking rent against it.
Of the 6 nearest ZIP codes with an estimate, Spring Grove 55974 carries the highest 2 bedroom fair market rent at $1,110 and Eitzen 55931 the lowest at $1,080, against $1,080 here.
The HUD fair market rent for a 2 bedroom in ZIP 55921 is $1,080 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.
The 2 bedroom fair market rent rose 6.9 percent from FY2025 to FY2026, moving from $1,010 to $1,080.
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.
Rent level is only one input. Run the numbers: at $1,080 for a 2 bedroom, a deal in Caledonia 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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