Affordable Housing In Slope Conty
North Dakota

Guide To Affordable Housing in Slope Conty, North Dakota

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Slope Conty, North Dakota.

Income Based Apartments in Slope Conty, North Dakota

Slope Conty 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 Slope Conty, North Dakota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Slope Conty.

Housing Choice Vouchers in Slope Conty, North Dakota

On average, Section 8 Housing Choice vouchers pay Slope Conty landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Slope Conty.

The maximum amount a voucher would pay on behalf of a low-income tenant in Slope Conty, North Dakota for a two-bedroom apartment is between $704 and $860.

2021 Slope Conty, 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
Slope Conty, North Dakota Fair Market Rent $589 $593 $782 $1,119 $1,192
Slope Conty, North Dakota Payment Standard Range $530 to $648 $534 to $652 $704 to $860 $1,007 to $1,231 $1,073 to $1,311

Sourced from federal housing data and AffordableHousingOnline.com research.

Slope Conty, ND Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 14.29%
Average Renter Household Size 1.87
Average Household Size 2.09
Median Household Income $55,000 ±$9,245
Median Rent $663 ±$235
Percentage Of Renters Overburdened 6.52% ± 35.43pp
Total Population 673

Population and Household Demographics

Slope Conty is a county in North Dakota with a population of 673. There are 322 households in the county with an average household size of 2.09 persons. 14.29% of households in Slope Conty are renters.

Income and Rent Overburden in Slope Conty

The median gross income for households in Slope Conty is $55,000 a year, or $4,583 a month. The median rent for the county is $663 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Slope Conty, a household making less than $2,210 a month would be considered overburdened when renting an apartment at or above the median rent. 6.52% of households who rent are overburdened in Slope Conty.

Area Median Income In Slope Conty

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 Slope Conty, HUD calculates the Area Median Income for a family of four as $79,000

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 Slope Conty

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 Slope Conty

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 Slope Conty AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,050 $20,600 $23,200 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Slope Conty AMI may qualify for rental assistance programs that target Very Low Income households.
$30,050 $34,350 $38,650 $42,900 $46,350 $49,800 $53,200 $56,650
80% AMI Income Limits
Renters earning up to 80% of the Slope Conty AMI may qualify for rental assistance programs that target Low Income households.
$48,100 $54,950 $61,800 $68,650 $74,150 $79,650 $85,150 $90,650