Section 8 Fair Market Rent (FMR) for ZIP 58369 - 2027

Location: Rolette County, ND | Metro: Rolette County, ND

FY 2027 Fair Market Rent Rates

Unit Size Monthly FMR
Studio$770
1 Bedroom$780
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
1,069
Median Household Income
$68,235
Housing Units
487
Renter Percentage
18.4%
Occupancy Rate
85.0%
Renter Occupied
76

The economics of Section 8 in ZIP code 58369 are straightforward. For a two-bedroom apartment, the SAFMR (Small Area Fair Market Rent) is set at $870 per month for fiscal year 2026. This figure is specific to this ZIP code and reflects the higher rent subsidy compared to the local market rent, which stands at $745 according to the latest Census ACS data.

A landlord should understand that a voucher does not cover the entire rent amount. The tenant is responsible for paying a portion of the rent, typically around 30% of their income, plus any utility allowances. For ZIP 58369, the utility allowance for a two-bedroom unit is $200 per month. Therefore, if a tenant's portion is $225, the total reimbursement a landlord would receive from the housing authority would be $225 (tenant portion) + $200 (utility allowance) = $425. This means the landlord would still need to cover the remaining $445 of the SAFMR ($870 - $425).

To illustrate, let's break down the payment structure:

The typical reimbursement gap for a two-bedroom unit in ZIP 58369 is $125 per month. This is calculated by subtracting the local market rent ($745) from the SAFMR ($870), then adding the utility allowance ($200) and subtracting the total reimbursement ($425). In essence, landlords in this ZIP code can expect a surplus of $125 over the local market rent when they participate in the Section 8 program, as the SAFMR exceeds the local rent by this amount even after accounting for the tenant's contribution and utilities.

Landlords should also be aware that the SAFMR can change annually based on HUD's assessment of rental market conditions, so it is important to stay informed about these updates to plan accordingly.

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.