Section 8 Fair Market Rent (FMR) for ZIP 58734 - 2027

Location: Mountrail County, ND | Metro: Renville County, ND HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$750
1 Bedroom	$870
2 Bedrooms	$1,070
3 Bedrooms	$1,460
4 Bedrooms	$1,760
5 Bedrooms	$2,042
6 Bedrooms	$2,287
7 Bedrooms	$2,470
8 Bedrooms	$2,594

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

202

Median Household Income

$76,250

Housing Units

124

Renter Percentage

N/A

Occupancy Rate

80.6%

Renter Occupied

The area covered by ZIP code 58734, located in North Dakota, is characterized by its rural setting and low population density. This environment significantly influences the local real estate market, making it distinct from urban areas.

The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $940.
The median home value is currently N/A, indicating that there is insufficient data to provide a reliable figure.
Renter share stands at a minimal 0.0%, suggesting that homeownership is the predominant form of housing tenure.
The median income for the area is $76,250, which can be used to gauge the financial stability and spending power of the residents.
The days on market (DOM) for properties is listed as N/A, possibly due to the limited number of transactions or listings in the area.

Given the low renter share and the absence of specific market rent and median home value data, landlords and small-portfolio investors should approach this market with caution. The stable median income suggests that residents have the means to support homeownership, but the lack of rental activity indicates a potentially underdeveloped rental market. The Fair Market Rent figure provides a benchmark for potential rental rates, but the overall scarcity of data points to a niche market that requires thorough local knowledge and careful investment strategies.

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.