Rent in Hancock, MN
A 2-bedroom in Hancock, MN (ZIP 56244) typically rents for about $860 a month, with a range of $860–$1,027. Owner-occupied homes in Stevens County pay about 0.81% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $715 | $715 | 1 |
| 1 bed | $785 | $785 | 1 |
| 2 beds | $860 | $860–$1,027 | 1 |
| 3 beds | $983 | $983–$1,422 | 1 |
| 4 beds | $1,717 | $1,717 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Hancock ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hancock, MN?
- About $860 a month: the median of the typical rents in 1 ZIP code, which range from $860–$1,027. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hancock, MN?
- About $785 a month: the median of the typical rents in 1 ZIP code, which range from $785. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hancock, MN?
- About $983 a month: the median of the typical rents in 1 ZIP code, which range from $983–$1,422. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hancock, MN?
- About $715 a month: the median of the typical rents in 1 ZIP code, which range from $715. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hancock, MN?
- About $1,717 a month: the median of the typical rents in 1 ZIP code, which range from $1,717. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hancock, MN?
- Owner-occupied homes in Stevens County pay a typical 0.81% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Hancock rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).