North Dakota · FIPS 38083 · HUD FY 2027
Sheridan County, North Dakota Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Sheridan County is $1,078 a month (rent plus utilities), 2% below the North Dakota average of $1,102 and 39% below the U.S. average of $1,761. That is up $154 (16.7%) from FY 2026. At 30% of income, a household needs about $43,120 a year to afford it.
- $1,0782-bedroom FMR+$154 (+16.7%) vs FY 2026
- $8481-bedroom FMRNorth Dakota: $911 · U.S.: $1,478
- $43,120Income for a 2-bedroom$21/hour full-time
- 15 of 532BR rank in North Dakota1 = highest rent
| Unit | Sheridan County FY 2027 | FY 2026 | Change | North Dakota avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $842 | $738 | +$104 (+14.1%) | $847 | $1,379 | $33,680 |
| 1 bedroom | $848 | $743 | +$105 (+14.1%) | $911 | $1,478 | $33,920 |
| 2 bedrooms | $1,078 | $924 | +$154 (+16.7%) | $1,102 | $1,761 | $43,120 |
| 3 bedrooms | $1,493 | $1,285 | +$208 (+16.2%) | $1,502 | $2,266 | $59,720 |
| 4 bedrooms | $1,802 | $1,550 | +$252 (+16.3%) | $1,789 | $2,607 | $72,080 |
How Sheridan County compares
- Sheridan County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across North Dakota, 2-bedroom FMRs run from $1,014 (Wells County) to $1,858 (Divide County).
- Studio to 4-bedroom: $842, $848, $1,078, $1,493, $1,802. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 4 ZIP codes mostly in Sheridan County (by land area), the 2-bedroom figure ranges from $1,080 to $1,190.
Small Area FMRs by ZIP code in Sheridan County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 58430 | $840 | $850 | $1,080 | $1,500 | $1,810 | +$160 (+17.4%) | about the same as |
| 58444 | $840 | $850 | $1,080 | $1,500 | $1,810 | +$160 (+17.4%) | about the same as |
| 58463 | $840 | $850 | $1,080 | $1,500 | $1,810 | +$160 (+17.4%) | about the same as |
| 58758 | $950 | $1,010 | $1,190 | $1,640 | $1,990 | +$110 (+10.2%) | 10% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.