What HUD offices serve Hokah, 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 Hokah.
How many renters live in Hokah, Minnesota?
The City of Hokah has 749 people living in 297 households.
There are 257 renters living in 108 renter households in this City. Renters make up 34.31 percent of the population living in Hokah.
What is the rental market like in Hokah, Minnesota?
There are an estimated 334 housing units in the Hokah area. Of these, 116 units are rental homes, making up 35 percent of the housing market. For every renter household in Hokah, Minnesota, there are 1 rental units.
What is the vacancy rate for rentals in Hokah?
The rental vacancy rate in Hokah is 7 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 Hokah for each bedroom size?
Occupied Rental Units by Size in Hokah
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 24 | 69 | 11 | 4 |
Occupied Rental Units by Size in Hokah
A large number of apartments in Hokah 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 Hokah are overburdened by housing costs?
Among renter households in this market, 18 percent have housing cost burden. Further, 10 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 Hokah
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $760 to $1,904. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $760 |
| One BR | $866 |
| Two BR | $1,122 |
| Three BR | $1,515 |
| Four BR | $1,904 |
2024 Fair Market Rents in Hokah, Minnesota
How many units are rented at Fair Market Rent (FMR) in Hokah?
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 | 19 | 79 percent |
| Two BR | 65 | 94 percent |
Rental Units Below FMR in Hokah, Minnesota
How many affordable rental units are in Hokah?
There are a variety of federal affordable housing programs serving households in Hokah, Minnesota including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 12 |
Tracked Units by Federal Program in Hokah, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hokah, Minnesota
Hokah features 12 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 Hokah, Minnesota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hokah.
Housing Choice Vouchers in Hokah, Minnesota
On average, Section 8 Housing Choice vouchers pay Hokah landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Hokah.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hokah, Minnesota for a two-bedroom apartment is between $1,010 and $1,234.
Sourced from federal housing data and AffordableHousingOnline.com research.
