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

Discover affordable housing in Max where there are 1+ 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.

Economy Homes Inc

405 Andrews Street, Max, North Dakota

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Max, 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 Max, North Dakota Affordable Housing ↓

What HUD offices serve Max, 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 Max, North Dakota.

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

How many renters live in Max, North Dakota?

The City of Max has 185 people living in 69 households.

There are 8 renters living in 4 renter households in this City. Renters make up 4.32 percent of the population living in Max.

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

There are an estimated 100 housing units in the Max area. Of these, 14 units are rental homes, making up 14 percent of the housing market. For every renter household in Max, North Dakota, there are 4 rental units.

What is the vacancy rate for rentals in Max?

The rental vacancy rate in Max is 71 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 Max for each bedroom size?

Occupied Rental Units by Size in Max
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 1 2 1 0
Occupied Rental Units by Size in Max

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

Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Max

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $665 to $1,458. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $665
One BR $670
Two BR $859
Three BR $1,211
Four BR $1,458
2024 Fair Market Rents in Max, North Dakota

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

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 1 100 percent
Two BR 0 100 percent
Rental Units Below FMR in Max, North Dakota

How many affordable rental units are in Max?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 14
Tracked Units by Federal Program in Max, North Dakota

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

Income Based Apartments in Max, North Dakota

Max features 14 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 Max, North Dakota

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

Housing Choice Vouchers in Max, North Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.