Housing market/North Dakota/ZIP 58203
ZIP 58203 Grand Forks, North Dakota
Grand Forks, 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 58203 · ND — sent to you.
ZIP 58203 · ND
ACS rent vs 2BR SAFMR
ZIP 58203 — Grand Forks, 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 58203
- 1-unit detached3,26139.0%
- 1-unit attached6437.7%
- 2–4 units89210.7%
- 5–49 units2,48729.7%
- 50+ units5796.9%
- Mobile5036.0%
2–4 unit share 10.6% · 5–49 unit share 29.6% · combined 2–49 40.3%.
Units by bedrooms
Rent burden
- ACS median gross rent $932 (all bedrooms, occupied rentals).
- Median contract rent $856.
- Renters paying ≥30% of income 48.4%; ≥50% 23.8%.
- FY2027 2BR SAFMR $1,010 (1.084× ACS median gross rent).
Population
16,308 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -4.6%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 9 projects, 496 units.
- HUD project-based assisted MF: 6 properties, 304 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 71 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 58203 56.0% of occupied households are renters; vacancy is 11.7%; ACS median gross rent is $932; population changed -4.6% between the 2018 and 2023 ACS vintages; the housing stock includes 892 units in 2–4-unit structures and 2,487 units in 5–49-unit structures; 9 LIHTC projects totaling 496 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $932. 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 58203 is a Census / HUD profile for Grand Forks, ND-MN, ND. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 58203 — Grand Forks, 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 58203?
ZIP 58203 (Grand Forks, ND-MN MSA) has 16,308 residents, 7,414 households, a renter share of 56.0%, median household income of $57,905, and ACS 2023 median gross rent of $932. Vacancy is 11.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 58203?
ACS counts 295 units in 2-unit buildings, 597 in 3–4 unit buildings, 593 in 5–9, 678 in 10–19, and 1,216 in 20–49. Combined 2–49 unit stock is 3,379 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 58203?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 58203 — Grand Forks, ND HUD Section 8 Payment Standards / SAFMR.
Does this North Dakota ZIP profile include Georgia listings?
No. ZIP 58203 is Census / HUD research for Grand Forks, 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.