How many renters live in Mott, North Dakota?
The City of Mott has 616 people living in 313 households.
There are 104 renters living in 71 renter households in this City. Renters make up 16.88 percent of the population living in Mott.
What is the rental market like in Mott, North Dakota?
There are an estimated 439 housing units in the Mott area. Of these, 115 units are rental homes, making up 26 percent of the housing market. For every renter household in Mott, North Dakota, there are 2 rental units.
What is the vacancy rate for rentals in Mott?
The rental vacancy rate in Mott is 38 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 Mott for each bedroom size?
Occupied Rental Units by Size in Mott
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 11 | 0 | 36 | 13 | 11 |
Occupied Rental Units by Size in Mott
A large number of apartments in Mott 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 Mott are overburdened by housing costs?
Among renter households in this market, 37 percent have housing cost burden. Further, 17 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 Mott
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $719 to $1,522. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $719 |
| One BR | $723 |
| Two BR | $897 |
| Three BR | $1,101 |
| Four BR | $1,522 |
2024 Fair Market Rents in Mott, North Dakota
How many units are rented at Fair Market Rent (FMR) in Mott?
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 | 0 | 100 percent |
| Two BR | 22 | 61 percent |
Rental Units Below FMR in Mott, North Dakota
How many affordable rental units are in Mott?
There are a variety of federal affordable housing programs serving households in Mott, North Dakota including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Mott, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mott, North Dakota
Mott features 24 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 Mott, North Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mott.
Housing Choice Vouchers in Mott, North Dakota
On average, Section 8 Housing Choice vouchers pay Mott landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mott.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mott, North Dakota for a two-bedroom apartment is between $807 and $987.
Sourced from federal housing data and AffordableHousingOnline.com research.
