FY2026 Fair Market Rents — Ransom County
Studio
$710
1BR
$715
2BR
$923
3BR
$1,196
4BR
$1,548
Ransom County, North Dakota
FIPS 38073 · County-level FMR and income limit data
FMR Area: Ransom County, ND
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $710 | $8,520 |
| 1-Bedroom | $715 | $8,580 |
| 2-Bedroom | $923 | $11,076 |
| 3-Bedroom | $1,196 | $14,352 |
| 4-Bedroom | $1,548 | $18,576 |
To afford the FY2026 2-bedroom FMR of $923/mo under the 30%-of-income rule, a household needs about
$36,920/yr ($3,077/mo). Area Median Income is $105,300.
At ND's federal minimum wage of $7.25/hr, a worker would need to work 98 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $710 | $715 | $923 | $1,196 | $1,548 |
| FY2025 | $711 | $716 | $928 | $1,225 | $1,558 |
| FY2024 | $582 | $686 | $859 | $1,180 | $1,458 |
| FY2023 | $552 | $628 | $826 | $1,124 | $1,370 |
| FY2022 | $503 | $575 | $757 | $1,027 | $1,194 |
| FY2021 | $553 | $557 | $734 | $960 | $1,118 |
| FY2020 | $539 | $542 | $714 | $948 | $1,085 |
FY2026 Income Limits
Area Median Income: $105,300
| 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 |