Location: Dunn County, ND | Metro: Dunn County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,160 |
| 3 Bedrooms | $1,380 |
| 4 Bedrooms | $1,940 |
| 5 Bedrooms | $2,250 |
| 6 Bedrooms | $2,520 |
| 7 Bedrooms | $2,722 |
| 8 Bedrooms | $2,858 |
U.S. Census Bureau data (2024)
The ZIP code 58626 stands out due to its relatively small population of 482 residents, with a significant portion, 44.9%, choosing to rent their homes. Despite the lack of data on median home values, the median income in the area is reported at $93,224, which is a noteworthy figure when considering the economic dynamics of the region.
Moving into the specifics of Section 8 housing, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $900. This contrasts with the current market rate, as indicated by the Census ACS data, which stands at $979. The gap between these two figures suggests that landlords in ZIP 58626 could potentially face a slight financial disadvantage if they solely rely on Section 8 vouchers to cover rental costs. However, the disparity also highlights an opportunity for landlords to negotiate slightly higher rents within the bounds of the voucher program, given the local market conditions.
When analyzing the data signature of ZIP 58626, it appears to be in a transitional phase. The high percentage of renters coupled with a defined median income but an undefined median home value indicates a community that might be evolving towards greater housing diversity or experiencing shifts in property ownership patterns. For small-portfolio investors and landlords, this means keeping a close eye on market trends and being prepared to adapt strategies as the local housing landscape changes.
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.