FY2026 Fair Market Rents — Cass County
Studio
$768
1BR
$917
2BR
$1,112
3BR
$1,547
4BR
$1,865
Cass County, North Dakota
FIPS 38017 · County-level FMR and income limit data
FMR Area: Fargo, ND-MN MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $768 | $9,216 |
| 1-Bedroom | $917 | $11,004 |
| 2-Bedroom | $1,112 | $13,344 |
| 3-Bedroom | $1,547 | $18,564 |
| 4-Bedroom | $1,865 | $22,380 |
To afford the FY2026 2-bedroom FMR of $1,112/mo under the 30%-of-income rule, a household needs about
$44,480/yr ($3,707/mo). Area Median Income is $115,200.
At ND's federal minimum wage of $7.25/hr, a worker would need to work 118 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $768 | $917 | $1,112 | $1,547 | $1,865 |
| FY2025 | $694 | $836 | $1,012 | $1,418 | $1,699 |
| FY2024 | $656 | $781 | $944 | $1,330 | $1,602 |
| FY2023 | $634 | $749 | $911 | $1,295 | $1,552 |
| FY2022 | $597 | $705 | $859 | $1,220 | $1,470 |
| FY2021 | $593 | $712 | $873 | $1,249 | $1,512 |
| FY2020 | $555 | $676 | $834 | $1,203 | $1,464 |
FY2026 Income Limits
Area Median Income: $115,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,200 | $27,650 | $31,100 | $34,550 | $38,680 | $44,360 |
| 50% AMI | $40,350 | $46,100 | $51,850 | $57,600 | $62,250 | $66,850 |
| 80% AMI | $64,550 | $73,750 | $82,950 | $92,150 | $99,550 | $106,900 |