ZIP 58421 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 58421 in the Eddy County, ND FMR area.

Eddy County, ND

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,4203 bedrooms

$1,7104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$780
1 bedroom	$810	$729	$891	$785
2 bedrooms	$1,020	$918	$1,122	$1,014
3 bedrooms	$1,420	$1,278	$1,562	$1,404
4 bedrooms	$1,710	$1,539	$1,881	$1,695

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

Foster County, ND

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,4203 bedrooms

$1,7104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$792
1 bedroom	$810	$729	$891	$797
2 bedrooms	$1,020	$918	$1,122	$1,014
3 bedrooms	$1,420	$1,278	$1,562	$1,404
4 bedrooms	$1,710	$1,539	$1,881	$1,695

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

Stutsman County, ND

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,4203 bedrooms

$1,7104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$790
1 bedroom	$810	$729	$891	$795
2 bedrooms	$1,020	$918	$1,122	$1,014
3 bedrooms	$1,420	$1,278	$1,562	$1,404
4 bedrooms	$1,710	$1,539	$1,881	$1,695

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

Wells County, ND

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,4203 bedrooms

$1,7104 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$894
1 bedroom	$810	$729	$891	$906
2 bedrooms	$1,020	$918	$1,122	$1,014
3 bedrooms	$1,420	$1,278	$1,562	$1,384
4 bedrooms	$1,710	$1,539	$1,881	$1,695

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

Income in ZIP 58421

$95,942average adjusted gross income per tax return (2022)

$48,109average salaries and wages per return

1,370tax returns filed

13%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	24.1%
$25,000 to $50,000	21.2%
$50,000 to $75,000	16.8%
$75,000 to $100,000	9.5%
$100,000 to $200,000	21.2%
$200,000 or more	7.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 9.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 58421?

HUD's FY2027 Small Area FMRs for ZIP 58421 (Eddy County, ND) are $800 efficiency, $810 one bedroom, $1,020 two bedrooms, $1,420 three and $1,710 four bedrooms.

What payment standard can a housing authority set in ZIP 58421?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $918 to $1,122.

How affordable is rent in ZIP 58421?

Tax returns filed from ZIP 58421 reported an average adjusted gross income of $95,942 (2022). A two-bedroom unit at the Small Area FMR costs $12,240 a year, or 13% of that income.