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Rent in 55981 (Wabasha, MN)

In ZIP 55981 (Wabasha, MN), a 2-bedroom typically rents for $831–$1,014 a month, 18% below the Wabasha County Fair Market Rent of $1,014. Other sizes: studio $894, 1 bed $931, 3 beds $1,133–$1,328, 4 beds $759–$1,512. Owner-occupied homes in Wabasha County pay about 1.05% 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

Rent range in ZIP 55981 by bedrooms, with the county Fair Market Rent
SizeRangeBest guessCounty FMR
Studio$894$894$894used above
1 bed$931$931$931used above
2 beds$831–$1,014$831$1,01418% below
3 beds$1,133–$1,328$1,133$1,32815% below
4 beds$759–$1,512$759$1,51250% below
  • Studio: HUD Fair Market Rent (county) $894 (Oct 1, 2026)
  • 1 bed: HUD Fair Market Rent (county) $931 (Oct 1, 2026)
  • 2 beds: Census ACS 5-year median gross rent $831 ±$105 (Dec 31, 2024); HUD Fair Market Rent (county) $1,014 (Oct 1, 2026)
  • 3 beds: Census ACS 5-year median gross rent $1,133 ±$34 (Dec 31, 2024); HUD Fair Market Rent (county) $1,328 (Oct 1, 2026)
  • 4 beds: Census ACS 5-year median gross rent $759 ±$379 (Dec 31, 2024); HUD Fair Market Rent (county) $1,512 (Oct 1, 2026)

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).

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Frequently asked questions

What is the rent for a 2-bedroom in 55981?
Typically $831–$1,014 a month, with a best guess of $831. That is 18% below the Wabasha County Fair Market Rent ($1,014).
What is the rent for a 1-bedroom in 55981?
$931 a month, the HUD Fair Market Rent for Wabasha County; there is no ZIP-level figure for 55981.
What is the rent for a 3-bedroom in 55981?
Typically $1,133–$1,328 a month, with a best guess of $1,133. That is 15% below the Wabasha County Fair Market Rent ($1,328).
What is the rent for a studio in 55981?
$894 a month, the HUD Fair Market Rent for Wabasha County; there is no ZIP-level figure for 55981.
What is the rent for a 4-bedroom in 55981?
Typically $759–$1,512 a month, with a best guess of $759. That is 50% below the Wabasha County Fair Market Rent ($1,512).
What is the property tax rate in ZIP 55981?
Owner-occupied homes in Wabasha County pay a typical 1.05% 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 the 55981 rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).