What HUD offices serve Minot, 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.
Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Minot.
How many renters live in Minot, North Dakota?
The City of Minot has people living in households.
There are renters living in renter households in this City. Renters make up 35.32 percent of the population living in Minot.
What is the rental market like in Minot, North Dakota?
There are an estimated housing units in the Minot area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Minot, North Dakota, there are 1.11 rental units.
What is the vacancy rate for rentals in Minot?
The rental vacancy rate in Minot is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Minot for each bedroom size?
Occupied Rental Units by Size in Minot
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 320 | 2,042 | 4,507 | 1,824 | 398 |
Occupied Rental Units by Size in Minot
A large number of apartments in Minot 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 Minot
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $681 to $1,660. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $681 |
| One BR | $744 |
| Two BR | $978 |
| Three BR | $1,378 |
| Four BR | $1,660 |
2024 Fair Market Rents in Minot, North Dakota
How many units are rented at Fair Market Rent (FMR) in Minot?
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 |
| Studio | 130 | 41 percent |
| One BR | 1,004 | 49 percent |
| Two BR | 2,351 | 52 percent |
Rental Units Below FMR in Minot, North Dakota
How many affordable rental units are in Minot?
There are a variety of federal affordable housing programs serving households in Minot, North Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| Section 811 Supportive Housing for Persons with Disabilities |
Tracked Units by Federal Program in Minot, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Minot, North Dakota
Minot features 429 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 Minot, North Dakota
There are 357 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minot.
Housing Choice Vouchers in Minot, North Dakota
On average, Section 8 Housing Choice vouchers pay Minot landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Minot.
The maximum amount a voucher would pay on behalf of a low-income tenant in Minot, North Dakota for a two-bedroom apartment is between $880 and $1,076.
Sourced from federal housing data and AffordableHousingOnline.com research.