; Low Income Apartments For Rent in Lancaster, MN

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Lancaster Homes II

410 Minnesota Ave
Lancaster, Minnesota
Subsidized
Rent Assisted
Senior
Supportive
PBRA
S515
Showing Results 1-15
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There are 0 low-income apartments in Lancaster that offer reduced rents to eligible households.

Rental assistance programs support 20 low-income homes in Lancaster where households pay rent based on how much they earn.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Lancaster, 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
Northwest Minnesota Multi-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 Lancaster.

Lancaster, Minnesota Affordable Housing Data

Income Based Apartments in Lancaster, Minnesota

Lancaster features 20 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 Lancaster, Minnesota

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

Housing Choice Vouchers in Lancaster, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Lancaster, Minnesota for a two-bedroom apartment is between $815 and $996.

2024 Lancaster, 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
Lancaster, Minnesota Fair Market Rent $613 $689 $905 $1,094 $1,360
Lancaster, Minnesota Payment Standard Range $552 to $674 $620 to $758 $815 to $996 $985 to $1,203 $1,224 to $1,496

Sourced from federal housing data and AffordableHousingOnline.com research.

Lancaster, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 20
Total Housing Units with Rental Assistance 20
Percentage of Housing Units Occupied By Renters 17.88%
Average Renter Household Size 2.96
Average Household Size 2.46
Median Household Income $45,781 ±$10,026
Median Rent $471 ±$136
Percentage Of Renters Overburdened 33.33% ± 23.97pp
Total Population 372

Population and Household Demographics

Lancaster is a city in Kittson County, Minnesota with a population of 372. There are 151 households in the city with an average household size of 2.46 persons. 17.88% of households in Lancaster are renters.

Income and Rent Overburden in Lancaster

The median gross income for households in Lancaster is $45,781 a year, or $3,815 a month. The median rent for the city is $471 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lancaster, a household making less than $1,570 a month would be considered overburdened when renting an apartment at or above the median rent. 33.33% of households who rent are overburdened in Lancaster.

Area Median Income In Lancaster

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 Lancaster, the AMI is calculated from all households within Kittson County.

In Lancaster, HUD calculates the Area Median Income for a family of four as $90,100

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 Lancaster

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 Lancaster

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 Lancaster AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,550 $21,200 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Lancaster AMI may qualify for rental assistance programs that target Very Low Income households.
$30,950 $35,400 $39,800 $44,200 $47,750 $51,300 $54,850 $58,350
80% AMI Income Limits
Renters earning up to 80% of the Lancaster AMI may qualify for rental assistance programs that target Low Income households.
$49,500 $56,600 $63,650 $70,700 $76,400 $82,050 $87,700 $93,350