FY2026 Fair Market Rents — Bowman County
Studio
$760
1BR
$796
2BR
$873
3BR
$1,214
4BR
$1,427
Bowman County, North Dakota
FIPS 38011 · County-level FMR and income limit data
FMR Area: Bowman County, ND
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $760 | $9,120 |
| 1-Bedroom | $796 | $9,552 |
| 2-Bedroom | $873 | $10,476 |
| 3-Bedroom | $1,214 | $14,568 |
| 4-Bedroom | $1,427 | $17,124 |
To afford the FY2026 2-bedroom FMR of $873/mo under the 30%-of-income rule, a household needs about
$34,920/yr ($2,910/mo). Area Median Income is $104,000.
At ND's federal minimum wage of $7.25/hr, a worker would need to work 93 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $760 | $796 | $873 | $1,214 | $1,427 |
| FY2025 | $807 | $838 | $928 | $1,300 | $1,435 |
| FY2024 | $745 | $765 | $859 | $1,211 | $1,261 |
| FY2023 | $639 | $643 | $826 | $1,174 | $1,211 |
| FY2022 | $572 | $575 | $757 | $1,075 | $1,137 |
| FY2021 | $553 | $557 | $734 | $1,050 | $1,078 |
| FY2020 | $539 | $542 | $714 | $1,007 | $1,011 |
FY2026 Income Limits
Area Median Income: $104,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,550 | $25,750 | $28,950 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,500 | $42,850 | $48,200 | $53,550 | $57,850 | $62,150 |
| 80% AMI | $60,000 | $68,600 | $77,150 | $85,700 | $92,600 | $99,450 |