; Low Income Apartments For Rent in Waubun, MN

White Earth Congrgt Housing Inc

36647 County Hwy 21
Waubun, Minnesota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Evergreen Village

1217 Main Street
Waubun, Minnesota
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA
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There are 0 low-income apartments in Waubun that offer reduced rents to eligible households.

Rental assistance programs support 45 low-income homes in Waubun 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.

Waubun, Minnesota Affordable Housing Data

Income Based Apartments in Waubun, Minnesota

Waubun features 45 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 Waubun, Minnesota

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

Housing Choice Vouchers in Waubun, Minnesota

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

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

2024 Waubun, 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
Waubun, Minnesota Fair Market Rent $613 $689 $905 $1,116 $1,205
Waubun, Minnesota Payment Standard Range $552 to $674 $620 to $758 $815 to $996 $1,004 to $1,228 $1,085 to $1,326

Sourced from federal housing data and AffordableHousingOnline.com research.

Waubun, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 45
Total Housing Units with Rental Assistance 45
Percentage of Housing Units Occupied By Renters 41.24%
Average Renter Household Size 3.18
Average Household Size 2.89
Median Household Income $40,179 ±$15,599
Median Rent $729 ±$92
Percentage Of Renters Overburdened 65.75% ± 19.08pp
Total Population 511

Population and Household Demographics

Waubun is a city in Mahnomen County, Minnesota with a population of 511. There are 177 households in the city with an average household size of 2.89 persons. 41.24% of households in Waubun are renters.

Income and Rent Overburden in Waubun

The median gross income for households in Waubun is $40,179 a year, or $3,348 a month. The median rent for the city is $729 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Waubun, a household making less than $2,430 a month would be considered overburdened when renting an apartment at or above the median rent. 65.75% of households who rent are overburdened in Waubun.

Area Median Income In Waubun

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 Waubun, the AMI is calculated from all households within Mahnomen County.

In Waubun, HUD calculates the Area Median Income for a family of four as $62,800

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 Waubun

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 Waubun

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 Waubun 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 Waubun 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 Waubun 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