Housing market/North Dakota/ZIP 58102
ZIP 58102 Fargo, North Dakota
Fargo, ND-MN MSA · North Dakota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 58102 · ND — sent to you.
ZIP 58102 · ND
ACS rent vs 2BR SAFMR
ZIP 58102 — Fargo, ND HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 58102
- 1-unit detached6,82240.7%
- 1-unit attached6764.0%
- 2–4 units1,3157.8%
- 5–49 units4,91329.3%
- 50+ units2,59615.5%
- Mobile4352.6%
2–4 unit share 7.8% · 5–49 unit share 29.3% · combined 2–49 37.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $829 (all bedrooms, occupied rentals).
- Median contract rent $748.
- Renters paying ≥30% of income 46.1%; ≥50% 24.4%.
- FY2027 2BR SAFMR $1,040 (1.255× ACS median gross rent).
Population
32,591 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +9.0%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 14 projects, 636 units.
- HUD project-based assisted MF: 6 properties, 191 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 495 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 58102 54.3% of occupied households are renters; vacancy is 13.0%; ACS median gross rent is $829; population increased +9.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,315 units in 2–4-unit structures and 4,913 units in 5–49-unit structures; 14 LIHTC projects totaling 636 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $829. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
North Dakota research
ZIP 58102 is a Census / HUD profile for Fargo, ND-MN, ND. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 58102 — Fargo, ND HUD Section 8 Payment Standards / SAFMR·North Dakota ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is North Dakota research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 58102?
ZIP 58102 (Fargo, ND-MN MSA) has 32,591 residents, 14,587 households, a renter share of 54.3%, median household income of $56,028, and ACS 2023 median gross rent of $829. Vacancy is 13.0%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 58102?
ACS counts 519 units in 2-unit buildings, 796 in 3–4 unit buildings, 1,197 in 5–9, 1,284 in 10–19, and 2,432 in 20–49. Combined 2–49 unit stock is 6,228 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 58102?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 58102 — Fargo, ND HUD Section 8 Payment Standards / SAFMR.
Does this North Dakota ZIP profile include Georgia listings?
No. ZIP 58102 is Census / HUD research for Fargo, ND-MN MSA. Jeff Crowe CRE does not list North Dakota property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.