Low Income Apartments and Affordable Housing For Rent in Apple Valley, MN

Discover affordable housing in Apple Valley where there are 8+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

The Legends of Apple Valley Senior Apartments

14050 Granite Avenue, Apple Valley, Minnesota 55124

Quarry View Townhomes

15366 Emblem Way, Apple Valley, Minnesota 55124

Chasewood Family Townhomes

7330 155th St W, Apple Valley, Minnesota 55124

Glenbrook Townhomes

12529 Glenbrook Way, Apple Valley, Minnesota 55124

Whitney Grove Townhomes

7710 Whitney Dr, Apple Valley, Minnesota 55124

Haralson Apartments

15420 Founders Ln, Apple Valley, Minnesota 55124

Hearthstone Townhomes and Apartments

15734 Foliage Ave, Apple Valley, Minnesota 55124

Apple Valley Villa

14610 Garrett Ave, Apple Valley, Minnesota 55124

calendar_today Opened: Jan 26
Open Until Further Notice

Reported On January 26th, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Apple Valley, Minnesota
$30.72/hour
$21.87 (+247%) more than Minnesota minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Apple Valley, Minnesota Affordable Housing ↓

What HUD offices serve Apple Valley, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership programs for Apple Valley, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Apple Valley, Minnesota.

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

How many renters live in Apple Valley, Minnesota?

The City of Apple Valley has 55,594 people living in 21,311 households.

There are 12,289 renters living in 5,210 renter households in this City. Renters make up 22.1 percent of the population living in Apple Valley.

What is the rental market like in Apple Valley, Minnesota?

There are an estimated 21,790 housing units in the Apple Valley area. Of these, 5,501 units are rental homes, making up 25 percent of the housing market. For every renter household in Apple Valley, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Apple Valley?

The rental vacancy rate in Apple Valley is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Apple Valley for each bedroom size?

Occupied Rental Units by Size in Apple Valley
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
320 1,137 2,159 1,323 256
Occupied Rental Units by Size in Apple Valley

A large number of apartments in Apple Valley have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Apple Valley are overburdened by housing costs?

Among renter households in this market, 49 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Apple Valley

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Apple Valley, Minnesota

How many units are rented at Fair Market Rent (FMR) in Apple Valley?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 160 50 percent
One BR 499 44 percent
Two BR 680 31 percent
Rental Units Below FMR in Apple Valley, Minnesota

How many affordable rental units are in Apple Valley?

There are a variety of federal affordable housing programs serving households in Apple Valley, Minnesota including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 415
Public Housing 36
Section 8 Project-Based Rental Assistance 126
Section 811 Supportive Housing for Persons with Disabilities 14
Tracked Units by Federal Program in Apple Valley, Minnesota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Apple Valley, Minnesota

Apple Valley features 264 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 Apple Valley, Minnesota

There are 538 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Apple Valley.

Housing Choice Vouchers in Apple Valley, Minnesota

On average, Section 8 Housing Choice vouchers pay Apple Valley landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Apple Valley.

The maximum amount a voucher would pay on behalf of a low-income tenant in Apple Valley, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.