Location: Cavalier County, ND | Metro: Cavalier County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,290 |
| 4 Bedrooms | $1,700 |
| 5 Bedrooms | $1,972 |
| 6 Bedrooms | $2,209 |
| 7 Bedrooms | $2,386 |
| 8 Bedrooms | $2,505 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 58311 is set at $870 for the fiscal year 2026. This figure represents the payment standard for Section 8 housing, which is the maximum amount the program will pay towards your rental income. It's important to note that this is not the amount you can charge tenants as rent; it's the reimbursement limit.
In ZIP 58311, the FMR of $870 is the benchmark for determining the eligibility of properties under the Section 8 program. While there isn't specific data available on the average market rent for this area, we can infer that if your property is priced below or around $870, it has a higher chance of being approved for the program.
The 10.3% renter share indicates that a significant portion of the population in this ZIP code is租房市场中10.3%的租户份额表明，该邮政编码中有相当一部分人口是租房者。这表明对租赁住房的需求是存在的，特别是对于那些可能符合Section 8项目条件的人群。 尽管没有提供具体的当地平均租金数据，但我们可以使用支付标准$870来评估市场需求。这意味着，如果您的房产租金接近或低于这个数额，它将更有可能吸引到Section 8项目的参与者。此外，虽然没有给出具体的收购成本数据，但您可以利用这一信息来决定是否投资于这个邮政编码区域内的房产。 在做出最终决策前，您需要验证的一个明确事项是：确保您的房产满足所有适用的居住质量标准。Section 8项目对参与的房产有严格的检查要求，以确保它们适合居住。这些要求包括但不限于安全、卫生和结构完整性。一旦确认您的房产达到这些标准，就可以考虑将其加入Section 8项目，从而获得稳定的收入来源。
请注意，上述内容中的某些数据点（如本地平均租金和收购成本）标记为"N/A"，意味着这些具体数字未被提供。因此，在实际操作中，您需要进一步调查这些数据，以便做出更加明智的投资决策。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.