How many renters live in Crosby, North Dakota?
The City of Crosby has 1,105 people living in 436 households.
There are 483 renters living in 195 renter households in this City. Renters make up 43.71 percent of the population living in Crosby.
What is the rental market like in Crosby, North Dakota?
There are an estimated 595 housing units in the Crosby area. Of these, 212 units are rental homes, making up 36 percent of the housing market. For every renter household in Crosby, North Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Crosby?
The rental vacancy rate in Crosby is 8 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 Crosby for each bedroom size?
Occupied Rental Units by Size in Crosby
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 23 | 13 | 30 | 105 | 0 |
Occupied Rental Units by Size in Crosby
A large number of apartments in Crosby 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 Crosby are overburdened by housing costs?
Among renter households in this market, 9 percent have housing cost burden. Further, 9 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 Crosby
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,119 to $2,371. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,119 |
| One BR | $1,126 |
| Two BR | $1,397 |
| Three BR | $1,689 |
| Four BR | $2,371 |
2024 Fair Market Rents in Crosby, North Dakota
How many units are rented at Fair Market Rent (FMR) in Crosby?
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 | 21 | 91 percent |
| One BR | 13 | 100 percent |
| Two BR | 22 | 73 percent |
Rental Units Below FMR in Crosby, North Dakota
How many affordable rental units are in Crosby?
Income Based Apartments in Crosby, North Dakota
Crosby features 32 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 Crosby, North Dakota
There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Crosby.
Housing Choice Vouchers in Crosby, North Dakota
On average, Section 8 Housing Choice vouchers pay Crosby landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Crosby.
The maximum amount a voucher would pay on behalf of a low-income tenant in Crosby, North Dakota for a two-bedroom apartment is between $1,257 and $1,537.
Sourced from federal housing data and AffordableHousingOnline.com research.
