FY2027 Small Area FMR · Casselton, ND

ZIP 58012 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 58012 (Casselton, ND) is $1,010 a month, up 4.1% from FY2026. That is 9% below the Fargo, ND-MN area-wide FMR of $1,104.

2-bedroom SAFMR$1,010per month ▲ 4.1%

Area-wide 2 BR FMR$1,104Fargo, ND-MN

Rank in the area38thof 55 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$909

2 BR Small Area FMR$1,010

110% of SAFMR$1,111

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$720▲ 7.5%

1 BR$830▲ 3.8%

2 BR$1,010▲ 4.1%

3 BR$1,410▲ 4.4%

4 BR$1,700▲ 3.7%

FY2027 FY2026

Where 58012 sits in the Fargo, ND-MN area

Of the 55 ZIP codes HUD lists for the area, 58012 has the 38th highest two-bedroom Small Area FMR. Fargo, ND-MN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,104 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,010 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$720	$648 – $792	$781	$670
1 bedroom	$830	$747 – $913	$903	$800
2 bedrooms	$1,010	$909 – $1,111	$1,104	$970
3 bedrooms	$1,410	$1,269 – $1,551	$1,529	$1,350
4 bedrooms	$1,700	$1,530 – $1,870	$1,845	$1,640

A household renting a two-bedroom home at the Small Area FMR of $1,010 needs about $40,400 a year to keep housing costs at 30% of income. The area median family income is $115,200 and the 80% low-income limit for four people is $92,150. ZIP code 58012 lies mainly in Cass County. See the Fargo, ND-MN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
58059	Mapleton	6.6 mi	$1,460
58004	Amenia	7.6 mi	$1,090
58079	Wheatland	9.0 mi	$1,090
58042	Harwood	10.2 mi	$1,240
58002	Absaraka	11.0 mi	$1,090
58006	Arthur	11.2 mi	$1,010

Questions

What is the Fair Market Rent for ZIP code 58012?

HUD's FY2027 Small Area Fair Market Rents for 58012 are $720 (studio), $830 (1 BR), $1,010 (2 BR), $1,410 (3 BR) and $1,700 (4 BR) a month.

What is the Section 8 payment standard in 58012?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 58012 that range is $909 to $1,111 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 58012?

The FY2026 income limits of the Fargo, ND-MN area apply: median family income $115,200, low-income (80%) limit $92,150 for a family of four.