The 2 bedroom fair market rent in Nashua (Wilkin County) is $1,210 for FY2026. Rents here moved -3.2 percent year over year. ZIP 56565 sits in the Wilkin County, 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 | $830 | -3.5% | |
| 1 bedroom | $930 | -2.1% | |
| 2 bedroom | $1,210 | -3.2% | |
| 3 bedroom | $1,620 | -7.4% | |
| 4 bedroom | $1,740 | -9.8% |
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.
Get an email when rents change in ZIP 56565. We will send a short note, not a newsletter.
Among the 7 Wilkin County ZIP codes with a HUD rent estimate, 56565 ranks number 2 of 7 on 2 bedroom fair market rent. That is $80 above the county median of $1,130. The county runs from $970 in Kent 56553 to $1,320 in Campbell 56522. Statewide the median 2 bedroom fair market rent is $1,090, which puts Nashua 11 percent above the Minnesota median. Zillow does not publish a rent index for 56565, 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, Campbell 56522 carries the highest 2 bedroom fair market rent at $1,320 and Norcross 56274 the lowest at $990, against $1,210 here.
The HUD fair market rent for a 2 bedroom in ZIP 56565 is $1,210 for FY2026. Actual rents vary by unit size, condition, and location within the ZIP.
The 2 bedroom fair market rent fell 3.2 percent from FY2025 to FY2026, moving from $1,250 to $1,210.
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 $1,210 for a 2 bedroom, a deal in Nashua 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.
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.