; Low Income Apartments For Rent in Kensington, MN

Apply to Kensington Apartment Waiting Lists

20 Grand Ave Unit 102

20 Grand Ave Unit 102
Kensington, Minnesota
$695
1 BR

Runestone Apartments

20 Grand Ave SW
Kensington, Minnesota
Rent Assisted
Senior
Supportive
S515
Showing Results 1-15
  • «
  • 1
  • »

There are 12 low-income apartments in Kensington that offer reduced rents to eligible households.

Rental assistance programs support 0 low-income homes in Kensington where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on July 2nd, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Kensington, Minnesota

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
Douglas County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Kensington.

Kensington, Minnesota Affordable Housing Data

Income Based Apartments in Kensington, Minnesota

Kensington 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 Kensington, Minnesota

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kensington.

Housing Choice Vouchers in Kensington, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Kensington, Minnesota for a two-bedroom apartment is between $866 and $1,058.

2024 Kensington, Minnesota 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
Kensington, Minnesota Fair Market Rent $672 $789 $962 $1,276 $1,281
Kensington, Minnesota Payment Standard Range $605 to $739 $710 to $868 $866 to $1,058 $1,148 to $1,404 $1,153 to $1,409

Sourced from federal housing data and AffordableHousingOnline.com research.

Kensington, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 13
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 18.12%
Average Renter Household Size 1.84
Average Household Size 2.16
Median Household Income $34,375 ±$15,575
Median Rent $571 ±$115
Percentage Of Renters Overburdened 40% ± 49.95pp
Total Population 298

Population and Household Demographics

Kensington is a city in Douglas County, Minnesota with a population of 298. There are 138 households in the city with an average household size of 2.16 persons. 18.12% of households in Kensington are renters.

Income and Rent Overburden in Kensington

The median gross income for households in Kensington is $34,375 a year, or $2,865 a month. The median rent for the city is $571 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Kensington, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 40% of households who rent are overburdened in Kensington.

Area Median Income In Kensington

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 Kensington, the AMI is calculated from all households within Douglas County.

In Kensington, HUD calculates the Area Median Income for a family of four as $95,100

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 Kensington

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 Kensington

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 Kensington AMI may qualify for rental assistance programs that target Extremely Low Income households.
$19,750 $22,550 $25,350 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Kensington AMI may qualify for rental assistance programs that target Very Low Income households.
$32,900 $37,600 $42,300 $46,950 $50,750 $54,500 $58,250 $62,000
80% AMI Income Limits
Renters earning up to 80% of the Kensington AMI may qualify for rental assistance programs that target Low Income households.
$52,600 $60,100 $67,600 $75,100 $81,150 $87,150 $93,150 $99,150