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

Discover affordable housing in Mountain 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.

Mountain Housing

61 Borg Drive, Mountain, North Dakota

calendar_today Opened: Mar 28
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

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

What HUD offices serve Mountain, 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 Mountain, North Dakota.

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

How many renters live in Mountain, North Dakota?

The City of Mountain has 97 people living in 18 households.

There are 6 renters living in 6 renter households in this City. Renters make up 6.19 percent of the population living in Mountain.

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

There are an estimated 30 housing units in the Mountain area. Of these, 6 units are rental homes, making up 20 percent of the housing market. For every renter household in Mountain, North Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Mountain?

The rental vacancy rate in Mountain is 0 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 Mountain for each bedroom size?

Occupied Rental Units by Size in Mountain
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 4 2 0 0
Occupied Rental Units by Size in Mountain

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

Among renter households in this market, 83 percent have housing cost burden. Further, 83 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 Mountain

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $745 to $1,458. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $745
One BR $765
Two BR $859
Three BR $1,211
Four BR $1,458
2024 Fair Market Rents in Mountain, North Dakota

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

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 4 100 percent
Two BR 1 50 percent
Rental Units Below FMR in Mountain, North Dakota

How many affordable rental units are in Mountain?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 6
Tracked Units by Federal Program in Mountain, North Dakota

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

Income Based Apartments in Mountain, North Dakota

Mountain features 6 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 Mountain, North Dakota

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

Housing Choice Vouchers in Mountain, North Dakota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.