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RentData.org Logo Bismarck Fair Market Rent FY 2014 Bismarck, ND MSA Rental Data

Fair Market Rent Prices in Bismarck, ND :
$497 $563 $704 $998 $1,177
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Bismarck are high compared to the national average. This FMR area is more expensive than 79% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bismarck is $704 per month.

The previous year, rent for a two-bedroom home was $628 per month. This is a 12.1% increase year-over-year.

This FMR rate applies to Regan, ND, Wing, ND, Sterling, ND, Braddock, ND, Driscoll, ND, Moffit, ND, Saint Anthony, ND, Solen, ND, Baldwin, ND, Menoken, ND and other cities within the region. The Metro Code or CBSA code for this region is METRO13900M13900.

Additionally, This Fair Market Rent (FMR) area Bismarck, ND MSA spans two counties or cities in North Dakota which ares listed in the table below. Estimated population of Bismarck, ND MSA FMR area is 108,779 people based on latest Census data.

Compared to the rest of North Dakota, the Bismarck FMR area is more expensive than 90% of the state.

North Dakota Rents Map

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Bismarck. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bismarck

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 533
1-BR 1-Bedroom $ 604
2-BR 2-Bedroom $ 756
3-BR 3-Bedroom $ 1071
4-BR 4-Bedroom $ 1264
Change Year:

The counties, cities, towns, and regions listed below fall into the Bismarck, ND MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Minot - Bismarck - Dickinson.

County / Region Est. Population
Burleigh County, ND Metro 81,308
Morton County, ND Metro 27,471
Zip Codes in Bismarck, ND MSA

There are 19 unique zip codes in this Fair Market Rent (FMR) area:

58477, 58494, 58501, 58502, 58503, 58504, 58505, 58506, 58507, 58521, 58524, 58532, 58554, 58558, 58560, 58566, 58570, 58572 and 58579

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