Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Bowman County Fair Market Rent FY 2020 Bowman County, ND Rental Data

Fair Market Rent Prices in Bowman County, ND :
$539 $542 $714 $1,007 $1,011
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Bowman County are low compared to the national average. This FMR area is less expensive than 59% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Bowman County is $714 per month.

The previous year, rent for a two-bedroom home was $752 per month. This is a 5.05% decrease year-over-year.

This FMR rate applies to Marmarth, ND, Rhame, ND, Scranton, ND, Bowman, ND and other cities within the region. The Metro Code or CBSA code for this region is NCNTY38011N38011.

Additionally, This Fair Market Rent (FMR) area Bowman County, ND spans one county or city in North Dakota which is listed in the table below. Estimated population of Bowman County, ND FMR area is 3,225 people based on latest Census data.

Compared to the rest of North Dakota, the Bowman County FMR area is less expensive than 95% 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 Bowman County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Bowman County

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 $ 539
1-BR 1-Bedroom $ 542
2-BR 2-Bedroom $ 714
3-BR 3-Bedroom $ 1007
4-BR 4-Bedroom $ 1011
Change Year:

There is just one county (listed below) within the Bowman County, ND FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Minot - Bismarck - Dickinson.

County / Region Est. Population
Bowman County, ND 3,225
Zip Codes in Bowman County, ND

There are 4 unique zip codes in this Fair Market Rent (FMR) area:

58623, 58643, 58651 and 58653

Lookup Fair Market Rent by Zip Code
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