How many renters live in Willow City, North Dakota?
The City of Willow City has people living in households.
There are renters living in renter households in this City. Renters make up 16.48 percent of the population living in Willow City.
What is the rental market like in Willow City, North Dakota?
There are an estimated housing units in the Willow City area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Willow City, North Dakota, there are 1 rental units.
What is the vacancy rate for rentals in Willow City?
The rental vacancy rate in Willow City 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 Willow City for each bedroom size?
Occupied Rental Units by Size in Willow City
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 0 | 5 | 10 | 0 |
Occupied Rental Units by Size in Willow City
A large number of apartments in Willow City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Willow City?
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 |
Two BR | 2 | 40 percent |
Rental Units Below FMR in Willow City, North Dakota
How many affordable rental units are in Willow City?
There are a variety of federal affordable housing programs serving households in Willow City, North Dakota including the following:
Federal Program | Unit Count |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Willow City, North Dakota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Willow City, North Dakota
Willow City 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 Willow City, North Dakota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Willow City.
Housing Choice Vouchers in Willow City, North Dakota
On average, Section 8 Housing Choice vouchers pay Willow City landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Willow City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Willow City, North Dakota for a two-bedroom apartment is between $773 and $945.
Sourced from federal housing data and AffordableHousingOnline.com research.