FY2027 Small Area FMR · Elgin, ND

ZIP 58533 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 58533 (Elgin, ND) is $1,010 a month, up 16.1% from FY2026. That is 0% equal to the Grant County, ND area-wide FMR of $1,014.

2-bedroom SAFMR$1,010per month ▲ 16.1%

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

Rank in the area10thof 14 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$770▲ 13.2%

1 BR$780▲ 13.0%

2 BR$1,010▲ 16.1%

3 BR$1,410▲ 16.5%

4 BR$1,700▲ 15.6%

FY2027 FY2026

Where 58533 sits in the Grant County, ND area

Of the 14 ZIP codes HUD lists for the area, 58533 has the 10th highest two-bedroom Small Area FMR. Grant 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 $1,010 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	$770	$693 – $847	$770	$680
1 bedroom	$780	$702 – $858	$775	$690
2 bedrooms	$1,010	$909 – $1,111	$1,014	$870
3 bedrooms	$1,410	$1,269 – $1,551	$1,404	$1,210
4 bedrooms	$1,700	$1,530 – $1,870	$1,695	$1,470

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 $86,700 and the 80% low-income limit for four people is $85,700. ZIP code 58533 lies mainly in Grant County. See the Grant County, ND county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
58562	New Leipzig	10.1 mi	$1,100
58529	Carson	13.4 mi	$1,010
58520	Almont	21.3 mi	$1,060
58564	Raleigh	23.3 mi	$1,010
58646	Mott	23.7 mi	$1,290
58535	Flasher	26.6 mi	$1,080

Questions

What is the Fair Market Rent for ZIP code 58533?

HUD's FY2027 Small Area Fair Market Rents for 58533 are $770 (studio), $780 (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 58533?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 58533 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 58533?

The FY2026 income limits of the Grant County, ND area apply: median family income $86,700, low-income (80%) limit $85,700 for a family of four.