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MN Rent Explorer / Le Sueur County / Le Center 56057
MN rent data, ZIP 56057

Average Rent in Le Center, Minnesota

The 2 bedroom fair market rent in Le Center (Le Sueur County) is $1,120 for FY2026. Rents here moved +1.8 percent year over year. ZIP 56057 sits in the Le Sueur County, MN area.

2BR fair market rent, FY2026
$1,120
HUD SAFMR, 40th percentile
Change vs FY2025
+1.8%
2 bedroom FMR, year over year
Since FY2021
+30.2%
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$850+2.4%
1 bedroom$850+1.2%
2 bedroom$1,120+1.8%
3 bedroom$1,560+1.3%
4 bedroom$1,820+1.1%

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 56057

HUD 2 bedroom Fair Market Rent, by fiscal year
$800$900$1,000$1,100$1,20020212022202320242025HUD 2BR FMR

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How 56057 compares

Among the 9 Le Sueur County ZIP codes with a HUD rent estimate, 56057 ranks number 5 of 9 on 2 bedroom fair market rent. It sits right at the county median of $1,120. The county runs from $980 in Cleveland 56017 to $1,660 in Kilkenny 56052. Statewide the median 2 bedroom fair market rent is $1,090, which puts Le Center 3 percent above the Minnesota median. The largest single year move since FY2021 came in FY2024, +18.1 percent, and the 2 bedroom estimate has gone from $860 to $1,120 over 5 fiscal years. Zillow does not publish a rent index for 56057, 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 Le Sueur County ZIP code with both signals is on the Le Sueur County Section 8 page.

Nearby ZIP codes

Of the 6 nearest ZIP codes with an estimate, Kilkenny 56052 carries the highest 2 bedroom fair market rent at $1,660 and Cleveland 56017 the lowest at $980, against $1,120 here.

Questions about rent in Le Center

What is the average rent in Le Center, MN?

The HUD fair market rent for a 2 bedroom in ZIP 56057 is $1,120 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 56057 this year?

The 2 bedroom fair market rent rose 1.8 percent from FY2025 to FY2026, moving from $1,100 to $1,120.

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 Le Center a good rental market?

Rent level is only one input. Run the numbers: at $1,120 for a 2 bedroom, a deal in Le Center 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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