What HUD offices serve Munich, 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 Munich.
How many renters live in Munich, North Dakota?
The City of Munich has people living in households.
There are renters living in renter households in this City. Renters make up 16.91 percent of the population living in Munich.
What is the rental market like in Munich, North Dakota?
There are an estimated housing units in the Munich area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Munich, North Dakota, there are 1.2 rental units.
What is the vacancy rate for rentals in Munich?
The rental vacancy rate in Munich is 17 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 Munich for each bedroom size?
Occupied Rental Units by Size in Munich
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
5 | 1 | 11 | 1 | 2 |
Occupied Rental Units by Size in Munich
A large number of apartments in Munich 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 Munich
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $688 to $1,458. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $688 |
One BR | $692 |
Two BR | $859 |
Three BR | $1,211 |
Four BR | $1,458 |
2024 Fair Market Rents in Munich, North Dakota
How many units are rented at Fair Market Rent (FMR) in Munich?
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 | 4 | 80 percent |
One BR | 1 | 100 percent |
Two BR | 1 | 9 percent |
Rental Units Below FMR in Munich, North Dakota
How many affordable rental units are in Munich?
There are a variety of federal affordable housing programs serving households in Munich, North Dakota including the following:
Federal Program | Unit Count |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Munich, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Munich, North Dakota
Munich 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 Munich, North Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Munich.
Housing Choice Vouchers in Munich, North Dakota
On average, Section 8 Housing Choice vouchers pay Munich landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Munich.
The maximum amount a voucher would pay on behalf of a low-income tenant in Munich, North Dakota for a two-bedroom apartment is between $773 and $945.
Sourced from federal housing data and AffordableHousingOnline.com research.