Logo Mercer County Fair Market Rent FY 2018 Mercer County, ND Rental Data

Fair Market Rent Prices in Mercer County, ND :
$542 $545 $725 $906 $1,276
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Non-Metro

Fair Market Rent prices in Mercer County are average compared to the national average. This FMR area is more expensive than 64% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mercer County is $725 per month.

The previous year, rent for a two-bedroom home was $805 per month. This is a 9.94% decrease year-over-year.

This FMR rate applies to Golden Valley, ND, Zap, ND, Stanton, ND, Center, ND, Hazen, ND, Beulah, ND and other cities within the region. The Metro Code or CBSA code for this region is NCNTY38057N38057.

Additionally, This Fair Market Rent (FMR) area Mercer County, ND spans one county or city in North Dakota which is listed in the table below. Estimated population of Mercer County, ND FMR area is 8,424 people based on 2010 Census data.

Compared to the rest of North Dakota, the Mercer County FMR area is more expensive than 56% 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 Mercer County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Mercer 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 $ 568
1-BR 1-Bedroom $ 572
2-BR 2-Bedroom $ 761
3-BR 3-Bedroom $ 954
4-BR 4-Bedroom $ 1340
Change Year:

There is just one county (listed below) within the Mercer 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
Mercer County, ND 8,424
Zip Codes in Mercer County, ND

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

58523, 58530, 58541, 58545, 58571 and 58580

Lookup Fair Market Rent by Zip Code