FY2027 Small Area FMR · Walcott, ND

ZIP 58077 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 58077 (Walcott, ND) is $1,470 a month, up 18.5% from FY2026. That is 45% above the Richland County, ND area-wide FMR of $1,014.

2-bedroom SAFMR$1,470per month ▲ 18.5%

Area-wide 2 BR FMR$1,014Richland County, ND

Rank in the area2ndof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,323

2 BR Small Area FMR$1,470

110% of SAFMR$1,617

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

Studio$1,120▲ 19.1%

1 BR$1,120▲ 17.9%

2 BR$1,470▲ 18.5%

3 BR$2,040▲ 18.6%

4 BR$2,460▲ 18.3%

FY2027 FY2026

Where 58077 sits in the Richland County, ND area

Of the 19 ZIP codes HUD lists for the area, 58077 has the 2nd highest two-bedroom Small Area FMR. Richland County, ND 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 $1,014 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,470 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	$1,120	$1,008 – $1,232	$770	$940
1 bedroom	$1,120	$1,008 – $1,232	$775	$950
2 bedrooms	$1,470	$1,323 – $1,617	$1,014	$1,240
3 bedrooms	$2,040	$1,836 – $2,244	$1,404	$1,720
4 bedrooms	$2,460	$2,214 – $2,706	$1,695	$2,080

A household renting a two-bedroom home at the Small Area FMR of $1,470 needs about $58,800 a year to keep housing costs at 30% of income. The area median family income is $108,000 and the 80% low-income limit for four people is $86,400. ZIP code 58077 lies mainly in Richland County. See the Richland County, ND county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
58018	Colfax	7.2 mi	$1,280
58051	Kindred	8.0 mi	$1,010
58015	Christine	9.0 mi	$1,460
58001	Abercrombie	13.3 mi	$1,020
56525	Comstock	14.5 mi	$1,190
58047	Horace	14.6 mi	$1,500

Questions

What is the Fair Market Rent for ZIP code 58077?

HUD's FY2027 Small Area Fair Market Rents for 58077 are $1,120 (studio), $1,120 (1 BR), $1,470 (2 BR), $2,040 (3 BR) and $2,460 (4 BR) a month.

What is the Section 8 payment standard in 58077?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 58077 that range is $1,323 to $1,617 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 58077?

The FY2026 income limits of the Richland County, ND area apply: median family income $108,000, low-income (80%) limit $86,400 for a family of four.