Housing market/North Dakota/ZIP 58701
ZIP 58701 Minot, Ward County, North Dakota
Ward County, ND HUD Metro FMR Area · 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 58701 · ND — sent to you.
ZIP 58701 · ND
ACS rent vs 2BR SAFMR
ZIP 58701 — Minot, 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 58701
- 1-unit detached7,73047.5%
- 1-unit attached1,2787.9%
- 2–4 units1,1276.9%
- 5–49 units3,19619.7%
- 50+ units9696.0%
- Mobile1,96112.1%
2–4 unit share 6.9% · 5–49 unit share 19.6% · combined 2–49 26.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $875 (all bedrooms, occupied rentals).
- Median contract rent $782.
- Renters paying ≥30% of income 39.6%; ≥50% 20.8%.
- FY2027 2BR SAFMR $1,050 (1.200× ACS median gross rent).
Population
32,868 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +0.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 11 projects, 451 units.
- HUD project-based assisted MF: 4 properties, 248 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 41 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 58701 38.6% of occupied households are renters; vacancy is 11.8%; ACS median gross rent is $875; population increased +0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,127 units in 2–4-unit structures and 3,196 units in 5–49-unit structures; 11 LIHTC projects totaling 451 units; FY2027 2BR SAFMR is $1,050 versus ACS median gross rent of $875. 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 58701 is a Census / HUD profile for Ward County, ND. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 58701 — Minot, 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 58701?
ZIP 58701 (Ward County, ND HUD Metro FMR Area) has 32,868 residents, 14,344 households, a renter share of 38.6%, median household income of $75,329, and ACS 2023 median gross rent of $875. Vacancy is 11.8%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 58701?
ACS counts 220 units in 2-unit buildings, 907 in 3–4 unit buildings, 700 in 5–9, 608 in 10–19, and 1,888 in 20–49. Combined 2–49 unit stock is 4,323 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 58701?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,050. See the full schedule and 90–110% payment-standard band on the ZIP 58701 — Minot, ND HUD Section 8 Payment Standards / SAFMR.
Does this North Dakota ZIP profile include Georgia listings?
No. ZIP 58701 is Census / HUD research for Ward County, ND HUD Metro FMR Area. 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.