FY2026 Fair Market Rents — Grand Forks, ND-MN MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$863
1BR
$868
2BR
$1,089
3BR
$1,515
4BR
$1,827
Hours/week at min wage
76 hrs
to afford the 2BR FMR @ $11.13/hr (MN)
YoY change (2BR)
+10.7%
+$105 vs FY2025 · 5-yr +23.3%
Voucher payment standard
$980–$1,198
PHAs set HCV payment at 90–110% of the 2BR FMR
Grand Forks, ND-MN MSA
Non-Metropolitan area · MN · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $863 | $10,356 |
| 1-Bedroom | $868 | $10,416 |
| 2-Bedroom | $1,089 | $13,068 |
| 3-Bedroom | $1,515 | $18,180 |
| 4-Bedroom | $1,827 | $21,924 |
Recent 2-Bedroom FMR Trend
FY2020 $832 → FY2026 $1,089
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $863 | $868 | $1,089 | $1,515 | $1,827 |
| FY2025 | $777 | $782 | $984 | $1,379 | $1,652 |
| FY2024 | $731 | $736 | $929 | $1,309 | $1,577 |
| FY2023 | $683 | $702 | $890 | $1,265 | $1,516 |
| FY2022 | $605 | $669 | $854 | $1,213 | $1,462 |
| FY2021 | $623 | $694 | $883 | $1,264 | $1,529 |
| FY2020 | $570 | $650 | $832 | $1,200 | $1,461 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $106,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $22,550 | $25,750 | $28,950 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $37,500 | $42,850 | $48,200 | $53,550 | $57,850 | $62,150 |
| 80% AMI (Low) | $60,000 | $68,600 | $77,150 | $85,700 | $92,600 | $99,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,068/yr
FMR as % of Area Median Income
12.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,560/yr
$3,630/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $934 | $1,068 | $1,201 | $1,441 | $1,548 |
| 60% AMI Maximum | $1,121 | $1,281 | $1,441 | $1,730 | $1,858 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $863 | $868 | $1,089 | $1,515 | $1,735 |
| Low HOME Rent | $937 | $1,071 | $1,205 | $1,338 | $1,446 |
Compare Grand Forks, ND-MN MSA With Other MN Metros
vs. Duluth, MN-WI MSA
vs. Fargo, ND-MN MSA
vs. Fillmore County, MN HUD Metro FMR Area
vs. Grand Forks, ND-MN MSA
vs. La Crosse-Onalaska, WI-MN MSA