FairRentWize

Bismarck Fair Market Rent 2026

HUD Fair Market Rent data for the Bismarck metropolitan area. Median household income: $52,444/year. Vacancy rate: 6.1%.

2BR FMR

$817/mo

Median Income

$52,444

Vacancy Rate

6.1%

Rent Burden

18.7%

Fair Market Rent by Bedroom Size

Studio$555/mo
1 Bedroom$667/mo
2 Bedroom$817/mo
3 Bedroom$1,020/mo
4 Bedroom$1,141/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $52,444/year can afford up to $1,311/mo in rent.

The 2BR FMR of $817/mo represents 18.7% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 6.1% in Bismarck indicates a moderate rental market. A balanced market with reasonable availability for renters.

Frequently Asked Questions

What is the average rent in Bismarck?

The 2026 HUD FMR for a 2-bedroom in the Bismarck metro area is $817/month. 1BR: $667, 3BR: $1,020.

What is the vacancy rate in Bismarck?

The rental vacancy rate in Bismarck is 6.1%. A rate below 5% typically indicates a tight rental market.

Is Bismarck affordable for renters?

With a median income of $52,444 and 2BR rent at $817/mo, rent takes about 19% of income in Bismarck.

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