Pencilwrite Get early access
MN Rent Explorer / Kandiyohi County / Prinsburg 56281
MN rent data, ZIP 56281

Average Rent in Prinsburg, Minnesota

The 2 bedroom fair market rent in Prinsburg (Kandiyohi County) is $1,020 for FY2026. Rents here moved +7.4 percent year over year. ZIP 56281 sits in the Kandiyohi County, MN area.

2BR fair market rent, FY2026
$1,020
HUD SAFMR, 40th percentile
Change vs FY2025
+7.4%
2 bedroom FMR, year over year

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$820+6.5%
1 bedroom$830+7.8%
2 bedroom$1,020+7.4%
3 bedroom$1,420+6.8%
4 bedroom$1,710+8.9%

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 56281

HUD 2 bedroom Fair Market Rent, by fiscal year
$800$900$1,000$1,1002025HUD 2BR FMR

Rent alerts

Get an email when rents change in ZIP 56281. We will send a short note, not a newsletter.

How 56281 compares

Among the 11 Kandiyohi County ZIP codes with a HUD rent estimate, 56281 ranks number 6 of 11 on 2 bedroom fair market rent. It sits right at the county median of $1,020. The county runs from $970 in Sunburg 56289 to $1,460 in Blomkest 56216. Statewide the median 2 bedroom fair market rent is $1,090, which puts Prinsburg 6 percent below the Minnesota median. Zillow does not publish a rent index for 56281, 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 Kandiyohi County ZIP code with both signals is on the Kandiyohi County Section 8 page.

Nearby ZIP codes

Of the 6 nearest ZIP codes with an estimate, Blomkest 56216 carries the highest 2 bedroom fair market rent at $1,460 and Sacred Heart 56285 the lowest at $970, against $1,020 here.

Questions about rent in Prinsburg

What is the average rent in Prinsburg, MN?

The HUD fair market rent for a 2 bedroom in ZIP 56281 is $1,020 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.

How much did rent change in 56281 this year?

The 2 bedroom fair market rent rose 7.4 percent from FY2025 to FY2026, moving from $950 to $1,020.

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 Prinsburg a good rental market?

Rent level is only one input. Run the numbers: at $1,020 for a 2 bedroom, a deal in Prinsburg 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.

Start free

Underwriting a deal in Prinsburg?

Pencilwrite turns an address, a price, and these rents into a full underwrite, cap rate, cash-on-cash, DSCR, true ROE, taxes, and an offer you can send. Limited beta access spots open. Sign up for the beta, opening in the next two months. Free.

See a sample underwrite first