Location: Bottineau County, ND | Metro: Bottineau County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $730 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,430 |
| 4 Bedrooms | $1,710 |
| 5 Bedrooms | $1,984 |
| 6 Bedrooms | $2,222 |
| 7 Bedrooms | $2,400 |
| 8 Bedrooms | $2,520 |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 58711 are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this specific ZIP code for fiscal year 2026 is set at $1,040. This figure represents the maximum amount that the housing authority will pay towards a landlord's rental income via the voucher program.
To understand what a landlord can expect to receive from a voucher, it's important to break down the components. The tenant is responsible for paying approximately 30% of their adjusted monthly income toward rent. For a two-bedroom unit priced at the SAFMR, this would mean the tenant pays around $312 (assuming an adjusted monthly income of $3,467, which is derived from the $1,040 SAFMR divided by 0.3).
The remaining balance is covered by the Section 8 voucher, but there are additional considerations such as utility allowances. These allowances vary but typically add a few hundred dollars to the total payment. For simplicity, let's assume an average utility allowance of $150. Therefore, the total reimbursement a landlord might receive per month is the sum of the tenant's contribution and the voucher payment, plus any utility allowance.
In ZIP 58711, if the local market rent is higher than the SAFMR, landlords may find themselves with a reimbursement gap. Conversely, if the local market rent is lower, they could have a surplus. However, since the local market rent data is currently unavailable, we can only work with the SAFMR to illustrate the potential outcomes.
Given the SAFMR of $1,040, a landlord should anticipate receiving this amount as the total reimbursement for a two-bedroom apartment. If the actual market rent in ZIP 58711 exceeds this figure, the landlord will need to decide whether to accept the voucher payment or seek higher rents from non-voucher tenants. In the absence of local market rent data, it's reasonable to conclude that landlords in ZIP 58711 who participate in the Section 8 program can expect a reimbursement of $1,040 per month for a two-bedroom unit, including the tenant's share and utility allowances. This may result in a surplus or a gap depending on the actual market conditions.
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.