Housing Cost-Burden Report — nIqOR5AZT7sC4JlL

AI summary — generated from this report's data

In ZCTA5 58078, the median renter allocates 26.7% of their income to rent, which is below the 30% threshold for being considered cost-burdened. The median gross rent in this area is $1,109 per month, while the median household income is $91,040 per year. This suggests that, on average, renters in this ZCTA5 are not experiencing a high housing cost burden.

The median rent burden in ZCTA5 58078 is 26.7%, indicating that the median renter is not cost-burdened.
The 30% affordability line for this area is $2,276 per month, which is significantly higher than the median gross rent of $1,109 per month.
The reader should consider how the property's specific attributes align with the median gross rent and median household income figures for ZCTA5 58078.

Advisory read: The reader should weigh the reported median rent burden of 26.7% against the property's specific characteristics and their financial objectives.

Cost-burden — ZCTA5 58078

Median rent as % of income26.7%

Median gross rent$1,109/mo

Median household income$91,040/yr

30% affordability line$2,276/mo

US Census ACS 5-year; 30% is the standard cost-burden threshold, 50% severe.

Report generated on August 03, 2026. Figures are retrieved live or from a short-lived cache (up to 30 days for some public-data sources), so a figure may pre-date this report — each context card states its own data vintage. Comparable recency is shown per comp; county assessment figures reflect the assessor's latest published tax year; HUD figures reflect the current published fiscal year.

Rentari IQ rent estimates are informational market references, not pricing instructions. They are generated from your own property data, real comparable market listings, and — where local listing data is limited — AI-estimated market references (clearly labelled as such), never from other landlords' confidential rents, to support your own independent pricing decisions. You set your rents; Rentari does not. Every estimate is an advisory data point, and you remain solely responsible for the rent you charge. Estimates are not appraisals or legal advice and do not account for fair-housing, rent-control, or local pricing laws. Confirm every rent independently and comply with all applicable federal, state, and local requirements.

Disclaimer

This report is for informational purposes only and does not constitute financial, legal, investment, tax, or appraisal advice. Figures are drawn from the public and licensed data sources below and, where noted, AI-generated insights (Google Gemini) — always labelled as such. Please consult qualified professionals before making any decision.

Data sources

Rent comps & listings: RentCast · Property value, tax & assessment: ATTOM Data · Fair Market Rents & income limits: HUD (HUD.gov) · Demographics, income & housing medians: U.S. Census Bureau (American Community Survey) · New-construction supply: U.S. Census Bureau (Building Permits Survey) · Migration & income flows: IRS (Statistics of Income) · Employment, wages & rent inflation: U.S. Bureau of Labor Statistics · Flood zones & natural-hazard risk: FEMA (Flood Hazard Layer, National Risk Index) · Environmental screen & walkability: U.S. EPA (Superfund, AirNow, Walkability Index) · Seismic design values: U.S. Geological Survey · Mortgage market & rates: HMDA / Freddie Mac · Street View & geocoding: Google Maps · AI summaries & AI-estimated comps: Google Gemini (clearly labelled where used) · Your own executed leases: de-identified, from your account only

Housing Cost-Burden Report for Demo Property · West Fargo, ND

Market rent vs. what local income supports

Cost-burden — ZCTA5 58078

Interpretation