Affordable Housing In Renville County
3 Low Income Apartment Communities In Renville County
Guide To Affordable Housing in Renville County, North Dakota
There are 3 low income housing apartment communities offering 52 affordable apartments for rent in Renville County, North Dakota.
Income Based Apartments in Renville County, North Dakota
Renville County features 0 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 Renville County, North Dakota
There are 52 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Renville County.
Housing Choice Vouchers in Renville County, North Dakota
On average, Section 8 Housing Choice vouchers pay Renville County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Renville County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Renville County, North Dakota for a two-bedroom apartment is between $661 and $807.
2021 Renville County, North Dakota Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Renville County, North Dakota Fair Market Rent||$553||$557||$734||$950||$1,212|
|Renville County, North Dakota Payment Standard Range||$498 to $608||$501 to $613||$661 to $807||$855 to $1,045||$1,091 to $1,333|
Sourced from federal housing data and AffordableHousingOnline.com research.
Renville County, ND Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||52|
|Total Housing Units with Rental Assistance||0|
|Percentage of Housing Units Occupied By Renters||21.96%|
|Average Renter Household Size||2.13|
|Average Household Size||2.46|
|Median Household Income||$65,125 ±$7,153|
|Median Rent||$668 ±$131|
|Percentage Of Renters Overburdened||17.41% ± 8.51pp|
Population and Household Demographics
Renville County is a county in North Dakota with a population of 2,562. There are 1,020 households in the county with an average household size of 2.46 persons. 21.96% of households in Renville County are renters.
Income and Rent Overburden in Renville County
The median gross income for households in Renville County is $65,125 a year, or $5,427 a month. The median rent for the county is $668 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Renville County, a household making less than $2,227 a month would be considered overburdened when renting an apartment at or above the median rent. 17.41% of households who rent are overburdened in Renville County.
Area Median Income In Renville County
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
In Renville County, HUD calculates the Area Median Income for a family of four as $82,300
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Renville County
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Renville County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Renville County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Renville County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Renville County AMI may qualify for rental assistance programs that target Low Income households.