Low Income Apartments and Affordable Housing For Rent in Forman, ND

Discover affordable housing in Forman where there are 2+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Fairview

262 2nd St SW, Forman, North Dakota 58032

Forman Housing

642 Green Ave W, Forman, North Dakota 58032

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Forman, North Dakota
$16.27/hour
$9.02 (+124%) more than North Dakota minimum wage and $9.02 (+124%) more than the Federal minimum wage.
Learn More About Forman, North Dakota Affordable Housing ↓

What HUD offices serve Forman, North Dakota?

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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Forman, North Dakota.

Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Forman.

How many renters live in Forman, North Dakota?

The City of Forman has 587 people living in 252 households.

There are 112 renters living in 76 renter households in this City. Renters make up 19.08 percent of the population living in Forman.

What is the rental market like in Forman, North Dakota?

There are an estimated 278 housing units in the Forman area. Of these, 90 units are rental homes, making up 32 percent of the housing market. For every renter household in Forman, North Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Forman?

The rental vacancy rate in Forman 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 Forman for each bedroom size?

Occupied Rental Units by Size in Forman
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 19 52 3 0
Occupied Rental Units by Size in Forman

A large number of apartments in Forman 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 Forman are overburdened by housing costs?

Among renter households in this market, 22 percent have housing cost burden. Further, 11 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 Forman

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $653 to $1,144. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $653
One BR $657
Two BR $859
Three BR $1,140
Four BR $1,144
2024 Fair Market Rents in Forman, North Dakota

How many units are rented at Fair Market Rent (FMR) in Forman?

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 6 32 percent
Two BR 43 83 percent
Rental Units Below FMR in Forman, North Dakota

How many affordable rental units are in Forman?

There are a variety of federal affordable housing programs serving households in Forman, North Dakota including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Forman, North Dakota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Forman, North Dakota

Forman features 30 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 Forman, North Dakota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Forman.

Housing Choice Vouchers in Forman, North Dakota

On average, Section 8 Housing Choice vouchers pay Forman landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Forman.

The maximum amount a voucher would pay on behalf of a low-income tenant in Forman, North Dakota for a two-bedroom apartment is between $773 and $945.

Sourced from federal housing data and AffordableHousingOnline.com research.