; Low Income Apartments For Rent in Leeds, ND

Park Vue Apt 3

245 Main St West
Leeds, North Dakota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
Showing Results 1-15
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There are 0 low-income apartments in Leeds that offer reduced rents to eligible households.

Rental assistance programs support 24 low-income homes in Leeds where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Leeds, 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.

Housing Authority Programs
Benson County Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the North Dakota Public Housing and Low-Income Apartments Waiting Lists page for openings near Leeds.

Leeds, North Dakota Affordable Housing Data

Income Based Apartments in Leeds, North Dakota

Leeds features 24 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 Leeds, North Dakota

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

Housing Choice Vouchers in Leeds, North Dakota

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

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

2024 Leeds, 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
Leeds, North Dakota Fair Market Rent $745 $765 $859 $1,172 $1,458
Leeds, North Dakota Payment Standard Range $671 to $820 $689 to $842 $773 to $945 $1,055 to $1,289 $1,312 to $1,604

Sourced from federal housing data and AffordableHousingOnline.com research.

Leeds, ND Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters 28.64%
Average Renter Household Size 1.52
Average Household Size 2.37
Median Household Income $51,932 ±$6,250
Median Rent $415 ±$54
Percentage Of Renters Overburdened 39.34% ± 28.33pp
Total Population 505

Population and Household Demographics

Leeds is a city in Benson County, North Dakota with a population of 505. There are 213 households in the city with an average household size of 2.37 persons. 28.64% of households in Leeds are renters.

Income and Rent Overburden in Leeds

The median gross income for households in Leeds is $51,932 a year, or $4,328 a month. The median rent for the city is $415 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Leeds, a household making less than $1,383 a month would be considered overburdened when renting an apartment at or above the median rent. 39.34% of households who rent are overburdened in Leeds.

Area Median Income In Leeds

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Leeds, the AMI is calculated from all households within Benson County.

In Leeds, HUD calculates the Area Median Income for a family of four as $69,000

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 Leeds

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 Leeds

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 Leeds AMI may qualify for rental assistance programs that target Extremely Low Income households.
$20,100 $23,000 $25,850 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Leeds AMI may qualify for rental assistance programs that target Very Low Income households.
$33,500 $38,300 $43,100 $47,850 $51,700 $55,550 $59,350 $63,200
80% AMI Income Limits
Renters earning up to 80% of the Leeds AMI may qualify for rental assistance programs that target Low Income households.
$53,600 $61,250 $68,900 $76,550 $82,700 $88,800 $94,950 $101,050