Low Income Apartments and Affordable Housing For Rent in Maple Lake, MN

Discover affordable housing in Maple Lake 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.

Maple Manor Apartments

333 2nd St W, Maple Lake, Minnesota 55358

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

What HUD offices serve Maple Lake, 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 Maple Lake, Minnesota.

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

How many renters live in Maple Lake, Minnesota?

The City of Maple Lake has 2,260 people living in 855 households.

There are 335 renters living in 171 renter households in this City. Renters make up 14.82 percent of the population living in Maple Lake.

What is the rental market like in Maple Lake, Minnesota?

There are an estimated 863 housing units in the Maple Lake area. Of these, 171 units are rental homes, making up 20 percent of the housing market. For every renter household in Maple Lake, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Maple Lake?

The rental vacancy rate in Maple Lake 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 Maple Lake for each bedroom size?

Occupied Rental Units by Size in Maple Lake
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
8 15 83 17 48
Occupied Rental Units by Size in Maple Lake

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

Among renter households in this market, 44 percent have housing cost burden. Further, 20 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 Maple Lake

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 Maple Lake, Minnesota

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

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 8 100 percent
One BR 15 100 percent
Two BR 77 93 percent
Rental Units Below FMR in Maple Lake, Minnesota

How many affordable rental units are in Maple Lake?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 62
Tracked Units by Federal Program in Maple Lake, Minnesota

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

Income Based Apartments in Maple Lake, Minnesota

Maple Lake features 62 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 Maple Lake, Minnesota

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

Housing Choice Vouchers in Maple Lake, Minnesota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.