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Affordable Housing In Larimore
Grand Forks County, North Dakota

2 Low Income Apartment Communities In Larimore

Larimore Manor

630 Lewis Ave
Larimore, North Dakota
Income Based
1-2 BR
Subsidized

Lewis View Apartments

600 Lewis Ave
Larimore, North Dakota
Subsidized
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Housing Authorities that serve Larimore

Housing Authority Programs
Grand Forks Housing Authority Section 8 Housing Choice Voucher (HCV); Homeownership Voucher; Family Self-Sufficiency; Veteran Affairs Supportive Housing (VASH); Mainstream Voucher; Family Unification Program (FUP)

Guide To Affordable Housing in Larimore, North Dakota

There are 2 low income housing apartment communities offering 34 affordable apartments for rent in Larimore, North Dakota.

Income Based Apartments in Larimore, North Dakota

Larimore features 34 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 Larimore, North Dakota

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

Housing Choice Vouchers in Larimore, North Dakota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Larimore, North Dakota for a two-bedroom apartment is between $795 and $971.

2021 Larimore, North Dakota Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Larimore, North Dakota Fair Market Rent $623 $694 $883 $1,264 $1,529
Larimore, North Dakota Payment Standard Range $561 to $685 $625 to $763 $795 to $971 $1,138 to $1,390 $1,376 to $1,682

Sourced from federal housing data and AffordableHousingOnline.com research.

Larimore, ND Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 34
Total Housing Units with Rental Assistance 34
Percentage of Housing Units Occupied By Renters 35.65%
Average Renter Household Size 2.28
Average Household Size 2.63
Median Household Income $47,829 ±$8,991
Median Rent $530 ±$102
Percentage Of Renters Overburdened 30% ± 17.85pp
Total Population 1,513

Population and Household Demographics

Larimore is a city in Grand Forks County, North Dakota with a population of 1,513. There are 561 households in the city with an average household size of 2.63 persons. 35.65% of households in Larimore are renters.

Income and Rent Overburden in Larimore

The median gross income for households in Larimore is $47,829 a year, or $3,986 a month. The median rent for the city is $530 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Larimore, a household making less than $1,767 a month would be considered overburdened when renting an apartment at or above the median rent. 30% of households who rent are overburdened in Larimore.

Area Median Income In Larimore

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Larimore, the AMI is calculated from all households within Grand Forks County.

In Larimore, HUD calculates the Area Median Income for a family of four as $80,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Larimore

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Larimore

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Larimore AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,050 $20,600 $23,200 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Larimore AMI may qualify for rental assistance programs that target Very Low Income households.
$30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
80% AMI Income Limits
Renters earning up to 80% of the Larimore AMI may qualify for rental assistance programs that target Low Income households.
$48,100 $54,950 $61,800 $68,650 $74,150 $79,650 $85,150 $90,650