How many renters live in Sebeka, Minnesota?
The City of Sebeka has 724 people living in 340 households.
There are 246 renters living in 132 renter households in this City. Renters make up 33.98 percent of the population living in Sebeka.
What is the rental market like in Sebeka, Minnesota?
There are an estimated 411 housing units in the Sebeka area. Of these, 157 units are rental homes, making up 38 percent of the housing market. For every renter household in Sebeka, Minnesota, there are 1 rental units.
What is the vacancy rate for rentals in Sebeka?
The rental vacancy rate in Sebeka is 16 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Sebeka for each bedroom size?
Occupied Rental Units by Size in Sebeka
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 14 | 71 | 29 | 9 |
Occupied Rental Units by Size in Sebeka
A large number of apartments in Sebeka have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Sebeka are overburdened by housing costs?
Among renter households in this market, 27 percent have housing cost burden. Further, 3 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Sebeka
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $660 to $1,297. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $660 |
| One BR | $756 |
| Two BR | $974 |
| Three BR | $1,178 |
| Four BR | $1,297 |
2024 Fair Market Rents in Sebeka, Minnesota
How many units are rented at Fair Market Rent (FMR) in Sebeka?
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 | 9 | 100 percent |
| One BR | 12 | 86 percent |
| Two BR | 47 | 66 percent |
Rental Units Below FMR in Sebeka, Minnesota
How many affordable rental units are in Sebeka?
There are a variety of federal affordable housing programs serving households in Sebeka, Minnesota including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 32 |
Tracked Units by Federal Program in Sebeka, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sebeka, Minnesota
Sebeka features 52 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 Sebeka, Minnesota
There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sebeka.
Housing Choice Vouchers in Sebeka, Minnesota
On average, Section 8 Housing Choice vouchers pay Sebeka landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Sebeka.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sebeka, Minnesota for a two-bedroom apartment is between $877 and $1,071.
Sourced from federal housing data and AffordableHousingOnline.com research.
