Rent in Hector, MN
A 2-bedroom in Hector, MN (ZIP 55342) typically rents for about $1,102 a month, with a range of $1,014–$1,102. Owner-occupied homes in Renville County pay about 1.04% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $854 | $854 | 1 |
| 1 bed | $859 | $859 | 1 |
| 2 beds | $1,102 | $1,014–$1,102 | 1 |
| 3 beds | $745 | $745–$1,404 | 1 |
| 4 beds | $867 | $867–$1,695 | 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).
Hector ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hector, MN?
- About $1,102 a month: the median of the typical rents in 1 ZIP code, which range from $1,014–$1,102. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hector, MN?
- About $859 a month: the median of the typical rents in 1 ZIP code, which range from $859. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hector, MN?
- About $745 a month: the median of the typical rents in 1 ZIP code, which range from $745–$1,404. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hector, MN?
- About $854 a month: the median of the typical rents in 1 ZIP code, which range from $854. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hector, MN?
- About $867 a month: the median of the typical rents in 1 ZIP code, which range from $867–$1,695. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hector, MN?
- Owner-occupied homes in Renville County pay a typical 1.04% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Hector rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).