How many renters live in Cook County, Minnesota?
The County of Cook County has people living in households.
There are renters living in renter households in this County. Renters make up 21.26 percent of the population living in Cook County.
What is the rental market like in Cook County, Minnesota?
There are an estimated housing units in the Cook County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Cook County, Minnesota, there are 1.09 rental units.
What is the vacancy rate for rentals in Cook County?
The rental vacancy rate in Cook County 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 Cook County for each bedroom size?
Occupied Rental Units by Size in Cook County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 37 | 188 | 188 | 126 | 39 |
Occupied Rental Units by Size in Cook County
A large number of apartments in Cook County 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 Cook County?
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 | 9 | 24 percent |
| One BR | 64 | 34 percent |
| Two BR | 91 | 48 percent |
Rental Units Below FMR in Cook County, Minnesota
How many affordable rental units are in Cook County?
There are a variety of federal affordable housing programs serving households in Cook County, Minnesota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| Section 202 Supportive Housing for the Elderly | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Cook County, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Cook County, Minnesota
Cook County features 71 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 Cook County, Minnesota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cook County.
Housing Choice Vouchers in Cook County, Minnesota
On average, Section 8 Housing Choice vouchers pay Cook County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Cook County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Cook County, Minnesota for a two-bedroom apartment is between $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.