How many renters live in Grenora, North Dakota?
The City of Grenora has people living in households.
There are renters living in renter households in this City. Renters make up 14.89 percent of the population living in Grenora.
What is the rental market like in Grenora, North Dakota?
There are an estimated housing units in the Grenora area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grenora, North Dakota, there are 1.25 rental units.
What is the vacancy rate for rentals in Grenora?
The rental vacancy rate in Grenora is 20 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 Grenora for each bedroom size?
Occupied Rental Units by Size in Grenora
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 5 | 11 | 6 | 1 |
Occupied Rental Units by Size in Grenora
A large number of apartments in Grenora have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Grenora
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $985 to $1,928. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $985 |
One BR | $1,003 |
Two BR | $1,136 |
Three BR | $1,601 |
Four BR | $1,928 |
2024 Fair Market Rents in Grenora, North Dakota
How many units are rented at Fair Market Rent (FMR) in Grenora?
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 | 2 | 40 percent |
Two BR | 9 | 82 percent |
Rental Units Below FMR in Grenora, North Dakota
How many affordable rental units are in Grenora?
There are a variety of federal affordable housing programs serving households in Grenora, North Dakota including the following:
Federal Program | Unit Count |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Grenora, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Grenora, North Dakota
Grenora features 8 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 Grenora, North Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grenora.
Housing Choice Vouchers in Grenora, North Dakota
On average, Section 8 Housing Choice vouchers pay Grenora landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Grenora.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grenora, North Dakota for a two-bedroom apartment is between $1,022 and $1,250.
Sourced from federal housing data and AffordableHousingOnline.com research.