Housing market/North Dakota/ZIP 58790
ZIP 58790 Velva, 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 58790 · ND — sent to you.
ZIP 58790 · ND
ACS rent vs 2BR SAFMR
ZIP 58790 — Velva, 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 58790
- 1-unit detached45771.1%
- 1-unit attached182.8%
- 2–4 units294.5%
- 5–49 units8713.5%
- Mobile528.1%
2–4 unit share 4.5% · 5–49 unit share 13.4% · combined 2–49 17.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $732 (all bedrooms, occupied rentals).
- Median contract rent $712.
- Renters paying ≥30% of income 25.8%; ≥50% 15.2%.
- FY2027 2BR SAFMR $1,050 (1.434× ACS median gross rent).
Population
1,500 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -15.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- 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 2 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 58790 26.2% of occupied households are renters; vacancy is 11.3%; ACS median gross rent is $732; population changed -15.3% between the 2018 and 2023 ACS vintages; the housing stock includes 29 units in 2–4-unit structures and 87 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,050 versus ACS median gross rent of $732. 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 58790 is a Census / HUD profile for Ward County, ND. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 58790 — Velva, 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 58790?
ZIP 58790 (Ward County, ND HUD Metro FMR Area) has 1,500 residents, 576 households, a renter share of 26.2%, median household income of $81,563, and ACS 2023 median gross rent of $732. Vacancy is 11.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 58790?
ACS counts 0 units in 2-unit buildings, 29 in 3–4 unit buildings, 16 in 5–9, 71 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 116 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 58790?
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 58790 — Velva, ND HUD Section 8 Payment Standards / SAFMR.
Does this North Dakota ZIP profile include Georgia listings?
No. ZIP 58790 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.