Housing market/North Dakota/ZIP 58523

ACS 2023 · FY2027 SAFMR

ZIP 58523 Beulah, Mercer County, North Dakota

Mercer County, ND · North Dakota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,277
Households
1,344
Median HH income
$85,600
Renter share
21.6%
Median gross rent
$1,092
Vacancy
27.0%
Pop. change
-11.9%
2BR SAFMR
$1,380
SAFMR / rent
1.264×
2–49 unit stock
339
LIHTC proj / units
1 / 28
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 58523 · ND — sent to you.

ZIP 58523 · ND

ACS median rent$1,092
2BR SAFMR$1,380
90% floor$1,242
110% ceiling$1,518

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 58523

  • 1-unit detached1,26068.4%
  • 1-unit attached502.7%
  • 2–4 units814.4%
  • 5–49 units25814.0%
  • Mobile19310.5%
TypeUnitsShare
1-unit detached1,26068.4%
1-unit attached502.7%
2 units (duplex)00.0%
3–4 units814.4%
5–9 units271.5%
10–19 units884.8%
20–49 units1437.8%
50+ units00.0%
Mobile19310.5%

2–4 unit share 4.4% · 5–49 unit share 14.0% · combined 2–49 18.4%.

Units by bedrooms

Studio
168
1BR
99
2BR
317
3BR
615
4BR
463
5+
180

Rent burden

Rent ≥30% of income60.8%
Rent ≥50% of income21.3%
  • ACS median gross rent $1,092 (all bedrooms, occupied rentals).
  • Median contract rent $742.
  • Renters paying ≥30% of income 60.8%; ≥50% 21.3%.
  • FY2027 2BR SAFMR $1,380 (1.264× ACS median gross rent).

Population

3,277 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -11.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 28 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 58523 21.6% of occupied households are renters; vacancy is 27.0%; ACS median gross rent is $1,092; population changed -11.9% between the 2018 and 2023 ACS vintages; the housing stock includes 81 units in 2–4-unit structures and 258 units in 5–49-unit structures; 1 LIHTC projects totaling 28 units; FY2027 2BR SAFMR is $1,380 versus ACS median gross rent of $1,092. 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 58523 is a Census / HUD profile for Mercer County, ND. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 58523?

ZIP 58523 (Mercer County, ND) has 3,277 residents, 1,344 households, a renter share of 21.6%, median household income of $85,600, and ACS 2023 median gross rent of $1,092. Vacancy is 27.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 58523?

ACS counts 0 units in 2-unit buildings, 81 in 3–4 unit buildings, 27 in 5–9, 88 in 10–19, and 143 in 20–49. Combined 2–49 unit stock is 339 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 58523?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,380. See the full schedule and 90–110% payment-standard band on the ZIP 58523 — Beulah, ND HUD Section 8 Payment Standards / SAFMR.

Does this North Dakota ZIP profile include Georgia listings?

No. ZIP 58523 is Census / HUD research for Mercer County, ND. 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.