How many renters live in Mahnomen County, Minnesota?
The County of Mahnomen County has people living in households.
There are renters living in renter households in this County. Renters make up 29.86 percent of the population living in Mahnomen County.
What is the rental market like in Mahnomen County, Minnesota?
There are an estimated housing units in the Mahnomen County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mahnomen County, Minnesota, there are 1.05 rental units.
What is the vacancy rate for rentals in Mahnomen County?
The rental vacancy rate in Mahnomen County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Mahnomen County for each bedroom size?
Occupied Rental Units by Size in Mahnomen County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
4 | 102 | 163 | 206 | 61 |
Occupied Rental Units by Size in Mahnomen County
A large number of apartments in Mahnomen County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Mahnomen County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,205. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $613 |
One BR | $689 |
Two BR | $905 |
Three BR | $1,116 |
Four BR | $1,205 |
2024 Fair Market Rents in Mahnomen County, Minnesota
How many units are rented at Fair Market Rent (FMR) in Mahnomen County?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
Studio | 2 | 50 percent |
One BR | 73 | 72 percent |
Two BR | 105 | 64 percent |
Rental Units Below FMR in Mahnomen County, Minnesota
How many affordable rental units are in Mahnomen County?
There are a variety of federal affordable housing programs serving households in Mahnomen County, Minnesota including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Mahnomen County, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mahnomen County, Minnesota
Mahnomen County features 95 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in Mahnomen County, Minnesota
There are 115 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mahnomen County.
Housing Choice Vouchers in Mahnomen County, Minnesota
On average, Section 8 Housing Choice vouchers pay Mahnomen County landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in Mahnomen County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mahnomen County, Minnesota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.