FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR
1.26ratio
FMR$1,020
Market$810
vs market+$210
FMR is above market; underwrite to market rent.
1.26
3 BR
3 BR
1.60ratio
FMR$1,410
Market$880
vs market+$530
FMR is above market; underwrite to market rent.
1.60
4 BR
4 BR
1.95ratio
FMR$1,700
Market$870
vs market+$830
FMR is above market; underwrite to market rent.
1.95
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 58076 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 58076 (Wahpeton, ND) is $1,020 a month. That is up 15.9% from $880 in FY 2026. Wahpeton is in the Richland County, ND non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $1,014. Among 19 ZIP codes in Richland County, 58076 is tied for the 13th-highest two-bedroom rent (county range $1,010–$1,500).
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 58076
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$670
$770
+14.9%
$693–$847
1BR
$670
$780
+16.4%
$702–$858
2BR
$880
$1,020
+15.9%
$918–$1,122
3BR
$1,220
$1,410
+15.6%
$1,269–$1,551
4BR
$1,480
$1,700
+14.9%
$1,530–$1,870
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 58076
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$770
$780
$1,020
$1,410
$1,700
FY 2026
$670
$670
$880
$1,220
$1,480
FY 2025
$700
$710
$930
$1,300
$1,560
FY 2024area FMR
$649
$654
$859
$1,211
$1,382
FY 2023area FMR
$623
$628
$826
$1,174
$1,214
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Richland County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 58076?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,014, which applies unless the housing authority uses Small Area FMRs, that basic range is $913 to $1,115 a month; under the ZIP-level Small Area FMR of $1,020 it would be $918 to $1,122. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is ZIP 58076 in?
ZIP 58076 is in the Richland County, ND non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,014.
How much did fair market rent change in ZIP 58076 for FY 2027?
The two-bedroom FMR rose 15.9%, from $880 in FY 2026 to $1,020 in FY 2027. Since FY 2025 it has risen 9.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set