Location: McIntosh County, ND | Metro: Logan County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $900 |
| 1 Bedroom | $910 |
| 2 Bedrooms | $1,120 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,880 |
| 5 Bedrooms | $2,181 |
| 6 Bedrooms | $2,443 |
| 7 Bedrooms | $2,638 |
| 8 Bedrooms | $2,770 |
U.S. Census Bureau data (2024)
The economics of Section 8 housing in ZIP code 58440 are governed by the SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment, which is set at $1,000 per month for fiscal year 2026. This rate is specific to this ZIP code, reflecting local rental market conditions.
To understand the actual payment structure, consider that the total rent for a two-bedroom unit is $1,000. However, the payment a landlord receives from a Section 8 voucher is not simply this amount. It's calculated based on the tenant's contribution plus the utility allowance, if applicable.
The tenant's portion is generally 30% of their adjusted income. For simplicity, let's assume an average adjusted income of $1,500 per month, which would mean the tenant contributes $450 toward rent. The remaining balance is covered by the housing authority, up to the SAFMR limit of $1,000. If the tenant's share exceeds the SAFMR, the landlord still only receives the $1,000 maximum.
Utility allowances vary but typically range from $200 to $300 monthly. These allowances are intended to help cover electricity, gas, water, and sewer costs. In ZIP 58440, let's use an average utility allowance of $250 for our calculations.
This means that for a two-bedroom apartment, the landlord can expect to receive a total of $700 from the housing authority ($1,000 SAFMR - $450 tenant contribution), plus the utility allowance of $250. Therefore, the landlord will receive a total of $950 per month from the housing authority and the tenant combined.
In ZIP 58440, where the local market rent for a two-bedroom unit is currently unknown, it's important to compare the SAFMR with the prevailing market rates to determine if there is a surplus or a gap. If the market rent is higher than $1,000, landlords may face a shortfall, meaning they won't be able to charge the full market price and must accept the lower SAFMR rate. Conversely, if the market rent is lower than $1,000, landlords could potentially benefit from a surplus, receiving more than the typical market rent.
Given the SAFMR of $1,000 and assuming a market rent below this figure, landlords participating in Section 8 in ZIP 58440 would likely see a surplus. However, without specific market rent data, we cannot calculate the exact amount of this surplus. Landlords should research local market rents to make informed decisions about participating in the Section 8 program.
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.