FMR Lookup › North Dakota › Fargo
Section 8 Fair Market Rent in Fargo, ND-MN (FY2027)
HUD's official FY2027 Fair Market Rents for the Fargo, ND-MN MSA, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $781 | $703 – $859 |
| 1 bedroom | $903 | $813 – $993 |
| 2 bedrooms | $1,104 | $994 – $1,214 |
| 3 bedrooms | $1,529 | $1,376 – $1,682 |
| 4 bedrooms | $1,845 | $1,661 – $2,030 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $1,104 — 9% above the North Dakota median of $1,014 across all 51 FMR areas in the state.
Counties and towns covered
The Fargo, ND-MN FMR area is a metro area covering: Clay County, Cass County. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in Fargo: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable North Dakota markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Hettinger County | $867 | $1,102 | $1,392 |
| Rolette County | $849 | $1,111 | $1,538 |
| Sargent County | $992 | $1,080 | $1,495 |
| Dunn County | $929 | $1,130 | $1,346 |
| Sheridan County | $848 | $1,078 | $1,493 |
| Slope County | $848 | $1,078 | $1,493 |
All 51 North Dakota FMR areas →
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving Fargo.