Apply to Redwood County Apartment Waiting Lists
Parkview Apartments
Country Village
Sunrise Apt(Morgan)
River Ridge Apt
Northview Apartments
- «
- 1
- »
There are 90 low-income apartments in Redwood County that offer reduced rents to eligible households. Low-income rents in Redwood County, Minnesota can range from $560 to $580 depending on the number of bedrooms.
Rental assistance programs support 215 low-income homes in Redwood County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $348 towards rent each month.
Affordable rent data for some communities last confirmed on June 24th, 2024. Subdsidized rents typically change once a year based on federal guidance.
Public Housing Agencies Serving Redwood County, 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 |
|---|---|
| Worthington Housing and Redevelopment Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
Redwood County, Minnesota Affordable Housing Data
Income Based Apartments in Redwood County, Minnesota
Redwood County features 215 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 Redwood County, Minnesota
There are 90 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Redwood County.
Housing Choice Vouchers in Redwood County, Minnesota
On average, Section 8 Housing Choice vouchers pay Redwood County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Redwood County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Redwood County, Minnesota for a two-bedroom apartment is between $815 and $996.
2024 Redwood County, 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 | |
|---|---|---|---|---|---|
| Redwood County, Minnesota Fair Market Rent | $613 | $693 | $905 | $1,273 | $1,516 |
| Redwood County, Minnesota Payment Standard Range | $552 to $674 | $624 to $762 | $815 to $996 | $1,146 to $1,400 | $1,364 to $1,668 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Redwood County, MN Affordable Housing Snapshot
| Total Affordable Apartment Properties | 11 |
|---|---|
| Total Low Income Apartments | 306 |
| Total Housing Units with Rental Assistance | 215 |
| Percentage of Housing Units Occupied By Renters | 21.48% |
| Average Renter Household Size | 2.30 |
| Average Household Size | 2.43 |
| Median Household Income | $47,211 ±$1,479 |
| Median Rent | $572 ±$25 |
| Percentage Of Renters Overburdened | 30.11% ± 4.38pp |
| Total Population | 15,723 |
Population and Household Demographics
Redwood County is a county in Minnesota with a population of 15,723. There are 6,307 households in the county with an average household size of 2.43 persons. 21.48% of households in Redwood County are renters.
Income and Rent Overburden in Redwood County
The median gross income for households in Redwood County is $47,211 a year, or $3,934 a month. The median rent for the county is $572 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Redwood County, a household making less than $1,907 a month would be considered overburdened when renting an apartment at or above the median rent. 30.11% of households who rent are overburdened in Redwood County.
Area Median Income In Redwood County
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.
In Redwood County, HUD calculates the Area Median Income for a family of four as $83,600
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 Redwood County
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 Redwood County
| 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 Redwood County 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 Redwood County AMI may qualify for rental assistance programs that target Very Low Income households. |
$30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 | $54,700 | $58,250 |
| 80% AMI Income Limits Renters earning up to 80% of the Redwood County AMI may qualify for rental assistance programs that target Low Income households. |
$49,400 | $56,450 | $63,500 | $70,550 | $76,200 | $81,850 | $87,500 | $93,150 |
© 2002-2024 ApartmentSmart.com, Inc.
Affordable Housing Online is not affiliated with any housing authority or apartment community, and does not manage any affordable housing programs.