Low Income Apartments and Affordable Housing For Rent in Leonard, ND

Discover affordable housing in Leonard where there are 1+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Southside Apartments

502 2nd Ave S, Leonard, North Dakota 58052

calendar_today Opened: Nov 4
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Leonard, North Dakota
$17.88/hour
$10.63 (+147%) more than North Dakota minimum wage and $10.63 (+147%) more than the Federal minimum wage.
Learn More About Leonard, North Dakota Affordable Housing ↓

What HUD offices serve Leonard, North Dakota?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Leonard, North Dakota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Family Self-Sufficiency, Veteran Affairs Supportive Housing (VASH), Section 8 Project-Based Voucher (PBV), Family Unification Program (FUP), Emergency Housing Voucher (EHV) programs for Leonard, North Dakota.

Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Leonard.

How many renters live in Leonard, North Dakota?

The City of Leonard has 260 people living in 113 households.

There are 32 renters living in 22 renter households in this City. Renters make up 12.31 percent of the population living in Leonard.

What is the rental market like in Leonard, North Dakota?

There are an estimated 122 housing units in the Leonard area. Of these, 22 units are rental homes, making up 18 percent of the housing market. For every renter household in Leonard, North Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Leonard?

The rental vacancy rate in Leonard is 0 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 Leonard for each bedroom size?

Occupied Rental Units by Size in Leonard
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 1 16 5 0
Occupied Rental Units by Size in Leonard

A large number of apartments in Leonard 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 Leonard 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 Leonard

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $656 to $1,602. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $656
One BR $781
Two BR $944
Three BR $1,330
Four BR $1,602
2024 Fair Market Rents in Leonard, North Dakota

How many units are rented at Fair Market Rent (FMR) in Leonard?

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
One BR 1 100 percent
Two BR 14 88 percent
Rental Units Below FMR in Leonard, North Dakota

How many affordable rental units are in Leonard?

There are a variety of federal affordable housing programs serving households in Leonard, North Dakota including the following:

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Leonard, North Dakota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Leonard, North Dakota

Leonard features 8 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 Leonard, North Dakota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leonard.

Housing Choice Vouchers in Leonard, North Dakota

On average, Section 8 Housing Choice vouchers pay Leonard landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Leonard.

The maximum amount a voucher would pay on behalf of a low-income tenant in Leonard, North Dakota for a two-bedroom apartment is between $850 and $1,038.

Sourced from federal housing data and AffordableHousingOnline.com research.