Low Income Apartments and Affordable Housing For Rent in Ransom County, ND

Discover affordable housing in Ransom County where there are 7+ 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.

Lisbon South Oaks

1009 Oak St, Lisbon, North Dakota 58054

Webster Manor Apartments

207 8th Ave E, Lisbon, North Dakota 58054

Rosewood Apartments

107 Brown Ave, Lisbon, North Dakota 58054

Scenic Heights

211 West Main Stret, Fort Ransom, North Dakota

Edha Sunset Village II

3rd St, Lisbon, North Dakota 58054

Sunset Village II

304 Birch St, Lisbon, North Dakota 58054

North Dakota

Outlots 16 and 17, Lisbon, North Dakota 0

calendar_today Opened: Oct 21
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 Ransom County, 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 Ransom County, North Dakota Affordable Housing ↓

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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Ransom County, North Dakota.

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 5,663 people living in 2,347 households.

There are 1,242 renters living in 601 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 2,552 housing units in the Ransom County area. Of these, 638 units are rental homes, making up 25 percent of the housing market. For every renter household in Ransom County, North Dakota, there are 1 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 many renter households in Ransom County are overburdened by housing costs?

Among renter households in this market, 27 percent have housing cost burden. Further, 22 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 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 8
Section 8 Project-Based Rental Assistance 11
USDA Section 515 Rural Rental Housing 17
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.