FY2026 Fair Market Rents — Golden Valley County
Studio
$820
1BR
$826
2BR
$1,027
3BR
$1,428
4BR
$1,723
Golden Valley County, North Dakota
FIPS 38033 · County-level FMR and income limit data
FMR Area: Golden Valley County, ND
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $820 | $9,840 |
| 1-Bedroom | $826 | $9,912 |
| 2-Bedroom | $1,027 | $12,324 |
| 3-Bedroom | $1,428 | $17,136 |
| 4-Bedroom | $1,723 | $20,676 |
To afford the FY2026 2-bedroom FMR of $1,027/mo under the 30%-of-income rule, a household needs about
$41,080/yr ($3,423/mo). Area Median Income is $105,600.
At ND's federal minimum wage of $7.25/hr, a worker would need to work 109 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $820 | $826 | $1,027 | $1,428 | $1,723 |
| FY2025 | $756 | $761 | $932 | $1,123 | $1,565 |
| FY2024 | $699 | $703 | $872 | $1,054 | $1,480 |
| FY2023 | $639 | $643 | $826 | $1,005 | $1,370 |
| FY2022 | $653 | $664 | $757 | $936 | $1,194 |
| FY2021 | $591 | $595 | $778 | $981 | $1,166 |
| FY2020 | $648 | $653 | $864 | $1,089 | $1,295 |
FY2026 Income Limits
Area Median Income: $105,600
| 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 |