Low Income Apartments and Affordable Housing For Rent in Grey Eagle, MN

Discover affordable housing in Grey Eagle where there are 1+ 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.

Grey Eagle Housing Assoc.

303 Cedar St N, Grey Eagle, Minnesota 56336

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Grey Eagle, 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 Grey Eagle, Minnesota Affordable Housing ↓

What HUD offices serve Grey Eagle, 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 programs for Grey Eagle, Minnesota.

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

How many renters live in Grey Eagle, Minnesota?

The City of Grey Eagle has 306 people living in 135 households.

There are 30 renters living in 26 renter households in this City. Renters make up 9.8 percent of the population living in Grey Eagle.

What is the rental market like in Grey Eagle, Minnesota?

There are an estimated 174 housing units in the Grey Eagle area. Of these, 26 units are rental homes, making up 15 percent of the housing market. For every renter household in Grey Eagle, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Grey Eagle?

The rental vacancy rate in Grey Eagle 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 Grey Eagle for each bedroom size?

Occupied Rental Units by Size in Grey Eagle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 20 4 0 2
Occupied Rental Units by Size in Grey Eagle

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

Among renter households in this market, 15 percent have housing cost burden. Further, 8 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 Grey Eagle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $769 to $1,221. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $769
One BR $774
Two BR $905
Three BR $1,216
Four BR $1,221
2024 Fair Market Rents in Grey Eagle, Minnesota

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

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
One BR 19 95 percent
Two BR 4 100 percent
Rental Units Below FMR in Grey Eagle, Minnesota

How many affordable rental units are in Grey Eagle?

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

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 24
Tracked Units by Federal Program in Grey Eagle, Minnesota

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

Income Based Apartments in Grey Eagle, Minnesota

Grey Eagle features 24 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 Grey Eagle, Minnesota

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

Housing Choice Vouchers in Grey Eagle, Minnesota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.