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

Discover affordable housing in Hutchinson where there are 7+ 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.

Century Court Townhomes

705 Century Avenue Southwest, Hutchinson, Minnesota 55350

Huski Townhomes

890 Texas Ave NW, Hutchinson, Minnesota 55350

North Place Apartments

415 School Rd NW, Hutchinson, Minnesota 55350

Valley View Apartments - - ( Hutchinson )

215 4th Ave NE, Hutchinson, Minnesota 55350

Clinton House Apartments

550 Clinton Ave SW C5, Hutchinson, Minnesota 55350

Evergreen Apartments

115 Jefferson St, Hutchinson, Minnesota 55350

Park Towers

133 3rd Ave SW, Hutchinson, Minnesota 55350

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hutchinson, Minnesota
$18.24/hour
$9.39 (+106%) more than Minnesota minimum wage and $10.99 (+152%) more than the Federal minimum wage.
Learn More About Hutchinson, Minnesota Affordable Housing ↓

What HUD offices serve Hutchinson, 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 Public Housing programs for Hutchinson, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Moving to Work programs for Hutchinson, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Moving to Work programs for Hutchinson, Minnesota.

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

How many renters live in Hutchinson, Minnesota?

The City of Hutchinson has 14,588 people living in 6,368 households.

There are 3,493 renters living in 2,021 renter households in this City. Renters make up 23.94 percent of the population living in Hutchinson.

What is the rental market like in Hutchinson, Minnesota?

There are an estimated 6,753 housing units in the Hutchinson area. Of these, 2,168 units are rental homes, making up 32 percent of the housing market. For every renter household in Hutchinson, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Hutchinson?

The rental vacancy rate in Hutchinson is 7 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 Hutchinson for each bedroom size?

Occupied Rental Units by Size in Hutchinson
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
103 489 1,279 98 52
Occupied Rental Units by Size in Hutchinson

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

Among renter households in this market, 36 percent have housing cost burden. Further, 18 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 Hutchinson

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $732 to $1,634. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $732
One BR $737
Two BR $963
Three BR $1,331
Four BR $1,634
2024 Fair Market Rents in Hutchinson, Minnesota

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

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 50 49 percent
One BR 303 62 percent
Two BR 748 58 percent
Rental Units Below FMR in Hutchinson, Minnesota

How many affordable rental units are in Hutchinson?

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

Federal Program Unit Count
Low Income Housing Tax Credit 55
Section 8 Project-Based Rental Assistance 239
USDA Section 515 Rural Rental Housing 62
Tracked Units by Federal Program in Hutchinson, Minnesota

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

Income Based Apartments in Hutchinson, Minnesota

Hutchinson features 296 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 Hutchinson, Minnesota

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hutchinson.

Housing Choice Vouchers in Hutchinson, Minnesota

On average, Section 8 Housing Choice vouchers pay Hutchinson landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Hutchinson.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hutchinson, Minnesota for a two-bedroom apartment is between $867 and $1,059.

Sourced from federal housing data and AffordableHousingOnline.com research.