Location: Divide County, ND | Metro: Divide County, ND
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,480 |
| 1 Bedroom | $1,490 |
| 2 Bedrooms | $1,900 |
| 3 Bedrooms | $2,260 |
| 4 Bedrooms | $3,180 |
| 5 Bedrooms | $3,689 |
| 6 Bedrooms | $4,132 |
| 7 Bedrooms | $4,463 |
| 8 Bedrooms | $4,686 |
U.S. Census Bureau data (2024)
The economics of Section 8 in ZIP code 58765 are straightforward. The SAFMR (Small Area Fair Market Rent) for a two-bedroom apartment in this ZIP code for fiscal year 2026 is set at $1,570. This figure represents the maximum amount that the housing authority will pay for a two-bedroom rental unit in this area.
Local market rents for two-bedroom apartments are currently unavailable, which makes direct comparisons challenging. However, the SAFMR serves as a benchmark for landlords participating in the Section 8 program.
A landlord should understand that the voucher payment is composed of two parts: the tenant contribution and the housing authority subsidy. Tenants are required to contribute 30% of their adjusted income towards rent. For instance, if a tenant's monthly adjusted income is $1,000, they would contribute $300 toward the rent. The remaining balance is then covered by the housing authority, up to the SAFMR limit.
In addition to the base rent, there are utility allowances that must be factored into the total payment. These allowances vary based on the size of the unit and can range from $150 to $300 per month. Thus, for a two-bedroom unit, the total reimbursement might include an additional $200 for utilities.
Given these specifics, let’s walk through an example. If the SAFMR is $1,570 and the tenant contributes $300, the housing authority would cover the remaining $1,270. Adding a utility allowance of $200 brings the total potential reimbursement to $1,470.
If the actual market rent for a two-bedroom unit exceeds the SAFMR, there will be a reimbursement gap. Landlords will have to decide whether to accept this shortfall or adjust their rents to match the SAFMR. Conversely, if the market rent is below the SAFMR, landlords receive the full market rent plus any unused portion of the voucher amount, creating a surplus.
Based on the SAFMR of $1,570, landlords in ZIP 58765 will typically see a reimbursement gap unless they set their rents below this level. Given the unavailability of local market rent data, it is prudent for landlords to set their rents competitively but within the SAFMR to avoid financial loss.
To summarize, the typical reimbursement for a two-bedroom unit under the Section 8 program in ZIP 58765 would be around $1,470, assuming a standard tenant contribution and utility allowance. This leaves a potential gap of $100 between the SAFMR and the total reimbursement, which landlords must account for when setting their rental prices.
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.