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MN Rent Explorer / Crow Wing County / Jenkins 56456
MN rent data, ZIP 56456

Average Rent in Jenkins, Minnesota

The 2 bedroom fair market rent in Jenkins (Crow Wing County) is $1,050 for FY2025. ZIP 56456 sits in the Crow Wing County, MN area.

2BR fair market rent, FY2025
$1,050
HUD SAFMR, 40th percentile
Since FY2025
+0.0%
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 sizeFY2025 FMRACS median
Studio$720
1 bedroom$800
2 bedroom$1,050
3 bedroom$1,270
4 bedroom$1,510

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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How 56456 compares

Among the 14 Crow Wing County ZIP codes with a HUD rent estimate, 56456 ranks number 11 of 14 on 2 bedroom fair market rent. That is $95 below the county median of $1,145. The county runs from $990 in Pequot Lakes 56472 to $1,620 in Emily 56447. Statewide the median 2 bedroom fair market rent is $1,090, which puts Jenkins 4 percent below the Minnesota median. Zillow does not publish a rent index for 56456, 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 Crow Wing County ZIP code with both signals is on the Crow Wing County Section 8 page.

Nearby ZIP codes

Of the 6 nearest ZIP codes with an estimate, Fifty Lakes 56448 carries the highest 2 bedroom fair market rent at $1,190 and Pine River 56474 the lowest at $970, against $1,050 here.

Questions about rent in Jenkins

What is the average rent in Jenkins, MN?

The HUD fair market rent for a 2 bedroom in ZIP 56456 is $1,050 for FY2025. Actual rents vary by unit size, condition, and location within the ZIP.

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 Jenkins a good rental market?

Rent level is only one input. Run the numbers: at $1,050 for a 2 bedroom, a deal in Jenkins 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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Underwriting a deal in Jenkins?

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