Section 8 Fair Market Rent (FMR) for ZIP 58219 - 2027

Location: Traill County, ND | Metro: Traill County, ND

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$790
1 Bedroom	$800
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

175

Median Household Income

$81,724

Housing Units

Renter Percentage

N/A

Occupancy Rate

100.0%

Renter Occupied

The ZIP code 58219, located in North Dakota, represents a rural area with limited rental housing options. The region is characterized by low population density and a strong preference for homeownership, which significantly impacts the local real estate market.

Fair Market Rent (FMR): The Fair Market Rent for the metro area in fiscal year 2026 is set at $870 per month, reflecting the cost landlords can charge for a standard two-bedroom apartment under the Section 8 program.
Rental Market: Market rent data is currently unavailable, indicating that there is little to no rental activity in this ZIP code.
Homeownership: The median home value data is also not available, suggesting that the market is dominated by owner-occupied properties rather than investment opportunities.
Renter Share: Only 0.0% of the population are renters, which underscores the prevalence of homeownership in the area and the limited demand for rental units.
Days on Market (DOM): Data on days on market is not available, which could be due to the infrequent transactions in the rental sector.
Middle Income Level: The median income in the area stands at $81,724, providing insight into the economic status of residents but not directly correlating to rental demand.

The analysis reveals that ZIP 58219 is not a favorable area for rental investments due to the lack of rental market data and the overwhelming preference for homeownership. Landlords and small-portfolio investors should focus on areas with higher renter shares and active rental markets to maximize their investment potential. The only concrete figure available is the Fair Market Rent, which does not necessarily reflect the actual rental market dynamics given the scarcity of rental properties. Therefore, the primary takeaway is that this ZIP code is better suited for those interested in single-family homes rather than multi-unit rental properties.

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.