Low Income Apartments For Rent in Virginia, MN

There are 41 low-income apartments in Virginia that offer reduced rents to eligible households. Low-income rents in Virginia, Minnesota can range from $375 to $830 depending on the number of bedrooms.

Rental assistance programs support 520 low-income homes in Virginia where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $260 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Virginia, 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
Housing and Redevelopment Authority of Virginia Minnesota	Section 8 Housing Choice Voucher (HCV); Public Housing

Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Virginia.

Virginia, Minnesota Affordable Housing Data

Income Based Apartments in Virginia, Minnesota

Virginia features 520 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 Virginia, Minnesota

There are 41 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Virginia.

Housing Choice Vouchers in Virginia, Minnesota

On average, Section 8 Housing Choice vouchers pay Virginia landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Virginia.

The maximum amount a voucher would pay on behalf of a low-income tenant in Virginia, Minnesota for a two-bedroom apartment is between $1,002 and $1,224.

2024 Virginia, 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
Virginia, Minnesota Fair Market Rent	$762	$868	$1,113	$1,485	$1,889
Virginia, Minnesota Payment Standard Range	$686 to $838	$781 to $955	$1,002 to $1,224	$1,337 to $1,634	$1,700 to $2,078

Sourced from federal housing data and AffordableHousingOnline.com research.

Virginia, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 13

Total Low Income Apartments 568

Total Housing Units with Rental Assistance 520

Percentage of Housing Units Occupied By Renters 41.83%

Average Renter Household Size 1.62

Average Household Size 2.00

Median Household Income $34,075 ±$2,186

Median Rent $484 ±$84

Percentage Of Renters Overburdened 50.63% ± 7.82pp

Total Population 8,658

Total Affordable Apartment Properties	13
Total Low Income Apartments	568
Total Housing Units with Rental Assistance	520
Percentage of Housing Units Occupied By Renters	41.83%
Average Renter Household Size	1.62
Average Household Size	2.00
Median Household Income	$34,075 ±$2,186
Median Rent	$484 ±$84
Percentage Of Renters Overburdened	50.63% ± 7.82pp
Total Population	8,658

Population and Household Demographics

Virginia is a city in St Louis County, Minnesota with a population of 8,658. There are 4,145 households in the city with an average household size of 2.00 persons. 41.83% of households in Virginia are renters.

Income and Rent Overburden in Virginia

The median gross income for households in Virginia is $34,075 a year, or $2,840 a month. The median rent for the city is $484 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Virginia, a household making less than $1,613 a month would be considered overburdened when renting an apartment at or above the median rent. 50.63% of households who rent are overburdened in Virginia.

Area Median Income In Virginia

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 Virginia, the AMI is calculated from all households within St Louis County.

In Virginia, HUD calculates the Area Median Income for a family of four as $93,500

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 Virginia

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 Virginia

	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 Virginia AMI may qualify for rental assistance programs that target Extremely Low Income households.	$19,000	$21,700	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Virginia AMI may qualify for rental assistance programs that target Very Low Income households.	$31,650	$36,150	$40,650	$45,150	$48,800	$52,400	$56,000	$59,600
80% AMI Income Limits Renters earning up to 80% of the Virginia AMI may qualify for rental assistance programs that target Low Income households.	$50,600	$57,800	$65,050	$72,250	$78,050	$83,850	$89,600	$95,400