What HUD offices serve Ada, Minnesota?
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.
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Ada.
How many renters live in Ada, Minnesota?
The City of Ada has people living in households.
There are renters living in renter households in this City. Renters make up 17.23 percent of the population living in Ada.
What is the rental market like in Ada, Minnesota?
There are an estimated housing units in the Ada area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ada, Minnesota, there are 1.05 rental units.
What is the vacancy rate for rentals in Ada?
The rental vacancy rate in Ada is 5 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 Ada for each bedroom size?
Occupied Rental Units by Size in Ada
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
4 | 73 | 122 | 25 | 8 |
Occupied Rental Units by Size in Ada
A large number of apartments in Ada have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Ada?
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 | 4 | 100 percent |
One BR | 65 | 89 percent |
Two BR | 104 | 85 percent |
Rental Units Below FMR in Ada, Minnesota
How many affordable rental units are in Ada?
There are a variety of federal affordable housing programs serving households in Ada, Minnesota including the following:
Federal Program | Unit Count |
Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in Ada, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ada, Minnesota
Ada features 40 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 Ada, Minnesota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ada.
Housing Choice Vouchers in Ada, Minnesota
On average, Section 8 Housing Choice vouchers pay Ada landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Ada.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ada, Minnesota for a two-bedroom apartment is between $844 and $1,032.
Sourced from federal housing data and AffordableHousingOnline.com research.