ZIP 58341 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 58341 in the Benson County, ND FMR area.

Benson County, ND

$890Efficiency
$9001 bedroom
$1,0102 bedrooms
$1,3903 bedrooms
$1,7004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$856
1 bedroom$900$810$990$861
2 bedrooms$1,010$909$1,111$1,014
3 bedrooms$1,390$1,251$1,529$1,404
4 bedrooms$1,700$1,530$1,870$1,695

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Pierce County, ND

$890Efficiency
$9001 bedroom
$1,0102 bedrooms
$1,3903 bedrooms
$1,7004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$792
1 bedroom$900$810$990$797
2 bedrooms$1,010$909$1,111$1,014
3 bedrooms$1,390$1,251$1,529$1,404
4 bedrooms$1,700$1,530$1,870$1,695

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Sheridan County, ND

$890Efficiency
$9001 bedroom
$1,0102 bedrooms
$1,3903 bedrooms
$1,7004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$842
1 bedroom$900$810$990$848
2 bedrooms$1,010$909$1,111$1,078
3 bedrooms$1,390$1,251$1,529$1,493
4 bedrooms$1,700$1,530$1,870$1,802

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Wells County, ND

$890Efficiency
$9001 bedroom
$1,0102 bedrooms
$1,3903 bedrooms
$1,7004 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$890$801$979$894
1 bedroom$900$810$990$906
2 bedrooms$1,010$909$1,111$1,014
3 bedrooms$1,390$1,251$1,529$1,384
4 bedrooms$1,700$1,530$1,870$1,695

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 58341

$76,777average adjusted gross income per tax return (2022)
$42,225average salaries and wages per return
1,120tax returns filed
16%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.9%
$25,000 to $50,00022.3%
$50,000 to $75,00017.0%
$75,000 to $100,00011.6%
$100,000 to $200,00017.9%
$200,000 or more5.4%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 10.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 58341?

HUD's FY2027 Small Area FMRs for ZIP 58341 (Benson County, ND) are $890 efficiency, $900 one bedroom, $1,010 two bedrooms, $1,390 three and $1,700 four bedrooms.

What payment standard can a housing authority set in ZIP 58341?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $909 to $1,111.

How affordable is rent in ZIP 58341?

Tax returns filed from ZIP 58341 reported an average adjusted gross income of $76,777 (2022). A two-bedroom unit at the Small Area FMR costs $12,120 a year, or 16% of that income.