What HUD offices serve Ransom County, 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 Ransom County.
How many renters live in Ransom County, North Dakota?
The County of Ransom County has people living in households.
There are renters living in renter households in this County. Renters make up 21.93 percent of the population living in Ransom County.
What is the rental market like in Ransom County, North Dakota?
There are an estimated housing units in the Ransom County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ransom County, North Dakota, there are 1.06 rental units.
What is the vacancy rate for rentals in Ransom County?
The rental vacancy rate in Ransom County is 4 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 Ransom County for each bedroom size?
Occupied Rental Units by Size in Ransom County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
26 | 154 | 227 | 127 | 41 |
Occupied Rental Units by Size in Ransom County
A large number of apartments in Ransom County 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 Ransom County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $582 to $1,458. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $582 |
One BR | $686 |
Two BR | $859 |
Three BR | $1,180 |
Four BR | $1,458 |
2024 Fair Market Rents in Ransom County, North Dakota
How many units are rented at Fair Market Rent (FMR) in Ransom County?
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 | 9 | 35 percent |
One BR | 98 | 64 percent |
Two BR | 124 | 55 percent |
Rental Units Below FMR in Ransom County, North Dakota
How many affordable rental units are in Ransom County?
There are a variety of federal affordable housing programs serving households in Ransom County, North Dakota including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Ransom County, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Ransom County, North Dakota
Ransom County features 50 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 Ransom County, North Dakota
There are 28 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ransom County.
Housing Choice Vouchers in Ransom County, North Dakota
On average, Section 8 Housing Choice vouchers pay Ransom County landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Ransom County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Ransom County, North Dakota for a two-bedroom apartment is between $773 and $945.
Sourced from federal housing data and AffordableHousingOnline.com research.