ZIP 58374 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 58374 in the Benson County, ND FMR area.

Benson County, ND

$860Efficiency

$8601 bedroom

$1,0702 bedrooms

$1,4803 bedrooms

$1,7904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$860	$774	$946	$856
1 bedroom	$860	$774	$946	$861
2 bedrooms	$1,070	$963	$1,177	$1,014
3 bedrooms	$1,480	$1,332	$1,628	$1,404
4 bedrooms	$1,790	$1,611	$1,969	$1,695

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

Eddy County, ND

$860Efficiency

$8601 bedroom

$1,0702 bedrooms

$1,4803 bedrooms

$1,7904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$860	$774	$946	$780
1 bedroom	$860	$774	$946	$785
2 bedrooms	$1,070	$963	$1,177	$1,014
3 bedrooms	$1,480	$1,332	$1,628	$1,404
4 bedrooms	$1,790	$1,611	$1,969	$1,695

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

Wells County, ND

$860Efficiency

$8601 bedroom

$1,0702 bedrooms

$1,4803 bedrooms

$1,7904 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$860	$774	$946	$894
1 bedroom	$860	$774	$946	$906
2 bedrooms	$1,070	$963	$1,177	$1,014
3 bedrooms	$1,480	$1,332	$1,628	$1,384
4 bedrooms	$1,790	$1,611	$1,969	$1,695

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

Income in ZIP 58374

$66,004average adjusted gross income per tax return (2022)

$35,119average salaries and wages per return

260tax returns filed

19%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	26.9%
$25,000 to $50,000	23.1%
$50,000 to $75,000	19.2%
$75,000 to $100,000	11.5%
$100,000 to $200,000	19.2%
$200,000 or more	0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 15.4% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 58374?

HUD's FY2027 Small Area FMRs for ZIP 58374 (Benson County, ND) are $860 efficiency, $860 one bedroom, $1,070 two bedrooms, $1,480 three and $1,790 four bedrooms.

What payment standard can a housing authority set in ZIP 58374?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $963 to $1,177.

How affordable is rent in ZIP 58374?

Tax returns filed from ZIP 58374 reported an average adjusted gross income of $66,004 (2022). A two-bedroom unit at the Small Area FMR costs $12,840 a year, or 19% of that income.