FY2026 Fair Market Rents — Grand Forks County
Studio
$863
1BR
$868
2BR
$1,089
3BR
$1,515
4BR
$1,827
Grand Forks County, North Dakota
FIPS 38035 · County-level FMR and income limit data
FMR Area: Grand Forks, ND-MN MSA
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 |
To afford the FY2026 2-bedroom FMR of $1,089/mo under the 30%-of-income rule, a household needs about
$43,560/yr ($3,630/mo). Area Median Income is $106,800.
At ND's federal minimum wage of $7.25/hr, a worker would need to work 116 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $106,800
| 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 |