Section 8 Fair Market Rent (FMR) for ZIP 58051 - 2027

Location: Richland County, ND | Metro: Fargo, ND-MN MSA

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$730
1 Bedroom$820
2 Bedrooms$1,010
3 Bedrooms$1,410
4 Bedrooms$1,700
5 Bedrooms$1,972
6 Bedrooms$2,209
7 Bedrooms$2,386
8 Bedrooms$2,505

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population
1,980
Median Household Income
$107,396
Housing Units
701
Renter Percentage
12.2%
Occupancy Rate
96.0%
Renter Occupied
82

Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).

About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.