Bismarck, ND MSA · FY2026 area median income $113,000 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $395 | $593 | $791 | $988 | $1,186 | $1,384 | $1,582 |
| 1BR | $423 | $635 | $847 | $1,059 | $1,271 | $1,483 | $1,695 |
| 2BR | $508 | $762 | $1,017 | $1,271 | $1,525 | $1,779 | $2,034 |
| 3BR | $587 | $881 | $1,175 | $1,469 | $1,763 | $2,057 | $2,351 |
| 4BR | $655 | $983 | $1,311 | $1,638 | $1,966 | $2,294 | $2,622 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $23,730 | $39,550 | $47,460 | $63,280 |
| 2 persons | $27,120 | $45,200 | $54,240 | $72,320 |
| 3 persons | $30,510 | $50,850 | $61,020 | $81,360 |
| 4 persons | $33,900 | $56,500 | $67,800 | $90,400 |
| 5 persons | $36,630 | $61,050 | $73,260 | $97,680 |
| 6 persons | $39,330 | $65,550 | $78,660 | $104,880 |
| 7 persons | $42,060 | $70,100 | $84,120 | $112,160 |
| 8 persons | $44,760 | $74,600 | $89,520 | $119,360 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Burleigh County to see the sources and uses, bond test, DSCR, and funding gap using these rents.