What HUD offices serve New Town, 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 New Town.
How many renters live in New Town, North Dakota?
The City of New Town has 2,714 people living in 830 households.
There are 1,715 renters living in 548 renter households in this City. Renters make up 63.19 percent of the population living in New Town.
What is the rental market like in New Town, North Dakota?
There are an estimated 1,086 housing units in the New Town area. Of these, 643 units are rental homes, making up 59 percent of the housing market. For every renter household in New Town, North Dakota, there are 1 rental units.
What is the vacancy rate for rentals in New Town?
The rental vacancy rate in New Town is 14 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 New Town for each bedroom size?
Occupied Rental Units by Size in New Town
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 109 | 28 | 123 | 174 | 85 |
Occupied Rental Units by Size in New Town
A large number of apartments in New Town 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 New Town are overburdened by housing costs?
Among renter households in this market, 22 percent have housing cost burden. Further, 14 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 New Town
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $734 to $1,433. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $734 |
| One BR | $765 |
| Two BR | $859 |
| Three BR | $1,211 |
| Four BR | $1,433 |
2024 Fair Market Rents in New Town, North Dakota
How many units are rented at Fair Market Rent (FMR) in New Town?
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 | 49 | 45 percent |
| One BR | 6 | 21 percent |
| Two BR | 43 | 35 percent |
Rental Units Below FMR in New Town, North Dakota
How many affordable rental units are in New Town?
There are a variety of federal affordable housing programs serving households in New Town, North Dakota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 27 |
| Section 8 Project-Based Rental Assistance | 23 |
| USDA Section 515 Rural Rental Housing | 36 |
Tracked Units by Federal Program in New Town, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in New Town, North Dakota
New Town features 36 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 New Town, North Dakota
There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Town.
Housing Choice Vouchers in New Town, North Dakota
On average, Section 8 Housing Choice vouchers pay New Town landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Town.
The maximum amount a voucher would pay on behalf of a low-income tenant in New Town, North Dakota for a two-bedroom apartment is between $773 and $945.
Sourced from federal housing data and AffordableHousingOnline.com research.
