Low Income Apartments and Affordable Housing For Rent in Walcott, ND

Discover affordable housing in Walcott where there are 1+ 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.

Sunnyside Apartments

443 3rd Ave, Walcott, North Dakota 58077

calendar_today Opened: Nov 4
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

calendar_today Opened: Mar 28
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 Walcott, 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 Walcott, North Dakota Affordable Housing ↓

What HUD offices serve Walcott, 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), Public Housing programs for Walcott, North Dakota.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Walcott, North Dakota.

Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Walcott.

How many renters live in Walcott, North Dakota?

The City of Walcott has 316 people living in 129 households.

There are 57 renters living in 20 renter households in this City. Renters make up 18.04 percent of the population living in Walcott.

What is the rental market like in Walcott, North Dakota?

There are an estimated 134 housing units in the Walcott area. Of these, 20 units are rental homes, making up 15 percent of the housing market. For every renter household in Walcott, North Dakota, there are 1 rental units.

What is the vacancy rate for rentals in Walcott?

The rental vacancy rate in Walcott is 0 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 Walcott for each bedroom size?

Occupied Rental Units by Size in Walcott
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 3 7 10 0
Occupied Rental Units by Size in Walcott

A large number of apartments in Walcott 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 Walcott are overburdened by housing costs?

Among renter households in this market, 0 percent have housing cost burden. Further, 0 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 Walcott

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $649 to $1,382. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $649
One BR $654
Two BR $859
Three BR $1,211
Four BR $1,382
2024 Fair Market Rents in Walcott, North Dakota

How many units are rented at Fair Market Rent (FMR) in Walcott?

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
One BR 3 100 percent
Two BR 0 100 percent
Rental Units Below FMR in Walcott, North Dakota

How many affordable rental units are in Walcott?

Income Based Apartments in Walcott, North Dakota

Walcott features 4 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 Walcott, North Dakota

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

Housing Choice Vouchers in Walcott, North Dakota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Walcott, North Dakota for a two-bedroom apartment is between $773 and $945.

Sourced from federal housing data and AffordableHousingOnline.com research.