Low Income Apartments and Affordable Housing For Rent in Bricelyn, MN

Discover affordable housing in Bricelyn where there are 2+ 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.

Bricelyn Plaza

314 N Main St, Bricelyn, Minnesota 56014

Bricelyn Apartments

705 N 5th St, Bricelyn, Minnesota 56014

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bricelyn, Minnesota
$17.14/hour
$8.29 (+94%) more than Minnesota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Bricelyn, Minnesota Affordable Housing ↓

What HUD offices serve Bricelyn, 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) programs for Bricelyn, Minnesota.

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

How many renters live in Bricelyn, Minnesota?

The City of Bricelyn has 367 people living in 170 households.

There are 101 renters living in 53 renter households in this City. Renters make up 27.52 percent of the population living in Bricelyn.

What is the rental market like in Bricelyn, Minnesota?

There are an estimated 209 housing units in the Bricelyn area. Of these, 53 units are rental homes, making up 25 percent of the housing market. For every renter household in Bricelyn, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Bricelyn?

The rental vacancy rate in Bricelyn is 0 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 Bricelyn for each bedroom size?

Occupied Rental Units by Size in Bricelyn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 16 15 15 4
Occupied Rental Units by Size in Bricelyn

A large number of apartments in Bricelyn 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 Bricelyn are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 32 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 Bricelyn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,260. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $726
Two BR $905
Three BR $1,256
Four BR $1,260
2024 Fair Market Rents in Bricelyn, Minnesota

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

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 3 100 percent
One BR 16 100 percent
Two BR 11 73 percent
Rental Units Below FMR in Bricelyn, Minnesota

How many affordable rental units are in Bricelyn?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Bricelyn, Minnesota

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

Income Based Apartments in Bricelyn, Minnesota

Bricelyn features 8 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 Bricelyn, Minnesota

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bricelyn.

Housing Choice Vouchers in Bricelyn, Minnesota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.