What HUD offices serve Blooming Prairie, 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.
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Blooming Prairie.
How many renters live in Blooming Prairie, Minnesota?
The City of Blooming Prairie has 2,110 people living in 809 households.
There are 210 renters living in 119 renter households in this City. Renters make up 9.95 percent of the population living in Blooming Prairie.
What is the rental market like in Blooming Prairie, Minnesota?
There are an estimated 855 housing units in the Blooming Prairie area. Of these, 135 units are rental homes, making up 16 percent of the housing market. For every renter household in Blooming Prairie, Minnesota, there are 1 rental units.
What is the vacancy rate for rentals in Blooming Prairie?
The rental vacancy rate in Blooming Prairie is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Blooming Prairie for each bedroom size?
Occupied Rental Units by Size in Blooming Prairie
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 16 | 30 | 47 | 17 | 4 |
Occupied Rental Units by Size in Blooming Prairie
A large number of apartments in Blooming Prairie 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 Blooming Prairie are overburdened by housing costs?
Among renter households in this market, 61 percent have housing cost burden. Further, 33 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 Blooming Prairie
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $814 to $1,948. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $814 |
| One BR | $927 |
| Two BR | $1,148 |
| Three BR | $1,618 |
| Four BR | $1,948 |
2024 Fair Market Rents in Blooming Prairie, Minnesota
How many units are rented at Fair Market Rent (FMR) in Blooming Prairie?
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 | 16 | 100 percent |
| One BR | 22 | 73 percent |
| Two BR | 39 | 83 percent |
Rental Units Below FMR in Blooming Prairie, Minnesota
How many affordable rental units are in Blooming Prairie?
There are a variety of federal affordable housing programs serving households in Blooming Prairie, Minnesota including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 12 |
| Section 8 Project-Based Rental Assistance | 15 |
Tracked Units by Federal Program in Blooming Prairie, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Blooming Prairie, Minnesota
Blooming Prairie features 30 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 Blooming Prairie, Minnesota
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blooming Prairie.
Housing Choice Vouchers in Blooming Prairie, Minnesota
On average, Section 8 Housing Choice vouchers pay Blooming Prairie landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Blooming Prairie.
The maximum amount a voucher would pay on behalf of a low-income tenant in Blooming Prairie, Minnesota for a two-bedroom apartment is between $955 and $1,167.
Sourced from federal housing data and AffordableHousingOnline.com research.
