How many renters live in New England, North Dakota?
The City of New England has 810 people living in 268 households.
There are 290 renters living in 112 renter households in this City. Renters make up 35.8 percent of the population living in New England.
What is the rental market like in New England, North Dakota?
There are an estimated 303 housing units in the New England area. Of these, 112 units are rental homes, making up 37 percent of the housing market. For every renter household in New England, North Dakota, there are 1 rental units.
What is the vacancy rate for rentals in New England?
The rental vacancy rate in New England 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 New England for each bedroom size?
Occupied Rental Units by Size in New England
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 14 | 24 | 56 | 18 |
Occupied Rental Units by Size in New England
A large number of apartments in New England 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 New England are overburdened by housing costs?
Among renter households in this market, 24 percent have housing cost burden. Further, 24 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 New England
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 New England, North Dakota
How many units are rented at Fair Market Rent (FMR) in New England?
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 | 4 | 29 percent |
| Two BR | 15 | 63 percent |
Rental Units Below FMR in New England, North Dakota
How many affordable rental units are in New England?
There are a variety of federal affordable housing programs serving households in New England, North Dakota including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 4 |
Tracked Units by Federal Program in New England, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New England, North Dakota
New England features 4 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 New England, North Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New England.
Housing Choice Vouchers in New England, North Dakota
On average, Section 8 Housing Choice vouchers pay New England landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New England.
The maximum amount a voucher would pay on behalf of a low-income tenant in New England, North Dakota for a two-bedroom apartment is between $807 and $987.
Sourced from federal housing data and AffordableHousingOnline.com research.
