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Fair Market Rent in 56723 — Fisher, MN
The typical 1-bedroom rent in 56723 (Fisher, MN) is $937/month as of 2026, based on 3 data sources. Rents have risen 17.7% year over year, so an increase above 17.7% exceeds the local market trend. Studio: $930. 2-bedroom: $1,170.
Rents in Fisher have grown approximately +17.7% (HUD estimate) over the past year based on HUD Fair Market Rent. A rent increase above 17.7% is above the local market trend.
Estimated Rent · 1-Bedroom
$937/mo
Source: HUD Estimated Rent
Data through
Based on federal benchmarks and 2 additional market sources.
The HUD Fair Market Rent for a 1-bedroom in 56723 (Fisher, MN) is $930 for FY2026.
Rents in 56723 have increased 17.7% year-over-year based on HUD Fair Market Rent.
The confidence level for this estimate is moderate based on 3 data sources.
Based on HUD Fair Market Rent, a fair rent increase in Fisher (56723) is approximately 17.7% for 2026. The typical 1-bedroom rent is $937/month. Any increase significantly above 17.7% exceeds the local market trend and may be worth negotiating.
Sources: HUD Fair Market Rent, HUD SAFMR FY2026, Rentcast. Updated October 2025.
Market trend data is limited for this area. The analysis below uses federal rent benchmarks.
What Should Rent Cost in 56723 (Fisher)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 56723 (Fisher) typically rents for $930 – $1,004.
Rents above $1,155 are in the top 25% for this area.
A 1-bedroom in 56723 (Fisher) typically rents for $930 – $1,004.
Rents above $1,155 are in the top 25% for this area.
A 2-bedroom in 56723 (Fisher) typically rents for $1,170 – $1,264.
Rents above $1,454 are in the top 25% for this area.
A 3-bedroom in 56723 (Fisher) typically rents for $1,630 – $1,760.
Rents above $2,024 are in the top 25% for this area.
A 4-bedroom in 56723 (Fisher) typically rents for $1,960 – $2,117.
Rents above $2,435 are in the top 25% for this area.
Current Asking Rents in 56723
What are apartments actually renting for near 56723? Click below to see live asking rents from current listings.
Live market data · Updated daily
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Federal Rent Benchmarks for 56723
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Grand Forks, ND-MN MSA area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $930 | $931 |
| 1-Bedroom | $930 | $937 |
| 2-Bedroom | $1,170 | $1,175 |
| 3-Bedroom | $1,630 | $1,634 |
| 4-Bedroom | $1,960 | $1,971 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 56723
What is the average 1-bedroom rent in 56723?
The typical 1-bedroom rent in 56723 (Fisher, MN) is $937/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $930 and 2-bedroom rent at $1,170.
What is a fair rent increase in 56723?
A rent increase up to about 17.7% is in line with the recent local market trend in 56723. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 56723?
Rents in 56723 have risen 17.7% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 56723?
On this page, studio rent in 56723 is $930/month and 2-bedroom rent is $1,170/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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These zip codes have similar 1-bedroom rents to 56723 ($930/mo) — useful for comparing what your rent gets you in other markets.
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →