Small-Area FMR (ZIP) Uplift — ysrAJaItS

AI summary — generated from this report's data

The property's ZIP code, 58078, has a Small-Area Fair Market Rent (FMR) for a 4-bedroom unit of $2,080. This FMR is 13.7% above the metro's ZIP-median FMR of $1,830 for a 4-bedroom unit across 56 ZIPs in the Fargo, ND-MN MSA. This indicates that the FMR for a 4-bedroom unit in ZIP 58078 is higher than the median FMR for similar units in the broader metropolitan area.

The Small-Area FMR for a 4-bedroom unit in ZIP 58078 is $2,080, which is notably higher than the metro's ZIP-median of $1,830.
The 13.7% uplift in FMR for ZIP 58078 compared to the metro median suggests a difference in the voucher payment standard basis for this specific area.
Readers should verify their local Public Housing Authority's adopted payment standard, which typically ranges from 90% to 110% of the FMR, to understand its specific application.

Advisory read: The data suggests the reader weigh the implications of the ZIP's higher Small-Area FMR relative to the metro median when considering potential rental income.

Unit size	This ZIP	Metro ZIP-median	Uplift
Efficiency	$860	$760	13.2%
1 bedroom	$1,020	$905	12.7%
2 bedroom	$1,240	$1,100	12.7%
3 bedroom	$1,720	$1,530	12.4%
4 bedroom	$2,080	$1,830	13.7%

What this means

Small-Area FMRs set voucher payment standards at ZIP level. A ZIP above its metro median supports a higher Section 8 payment standard basis; below it, a lower one. Your local PHA's adopted payment standard (90–110% of FMR, sometimes wider) governs.

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

Small-Area FMR (ZIP) Uplift for Demo Property · West Fargo, ND

ZIP vs metro, by bedroom

What this means