Location: Stutsman County, ND | Metro: LaMoure County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $780 |
| 1 Bedroom | $790 |
| 2 Bedrooms | $1,010 |
| 3 Bedrooms | $1,380 |
| 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 analysis of ZIP code 58472 within Stutsman County, ND, reveals several key points that can help landlords and small-portfolio investors make informed decisions. The Fair Market Rent (FMR) for this ZIP code is set at $870 for fiscal year 2026. This figure is critical for understanding the rental price range that is considered fair for the area.
In comparison to other ZIP codes within Stutsman County, the lack of specific market rent and home value data for ZIP 58472 makes it challenging to draw direct comparisons. However, the presence of an FMR figure suggests that there is a significant need for affordable housing in this area, which is a characteristic often associated with value pockets or areas where Section 8 vouchers are particularly beneficial.
The renter share of 4.6% indicates that a relatively small portion of the population in ZIP 58472 rents their homes. While this percentage alone doesn't provide a complete picture, it does suggest that homeownership is prevalent. However, the combination of a defined FMR without corresponding market rent or home value figures could imply that the rental market in 58472 is heavily reliant on government assistance programs such as Section 8, making it a potentially attractive location for landlords willing to accept vouchers.
ZIP 58472 appears to be a value pocket within the Stutsman County, ND metro. The presence of an FMR but the absence of market rent and home value data implies a strong demand for subsidized housing. This scenario often characterizes areas where tenants rely on government assistance, creating a stable tenant base for landlords who are equipped to handle Section 8 vouchers. Given the defined FMR of $870 and the lower renter share, landlords in this ZIP code can expect a niche market focused on affordable housing solutions.
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.