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

Discover affordable housing in Mazeppa 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.

Rivers Edge Apartments

549 Short St, Mazeppa, Minnesota 0

calendar_today Opened: Aug 7
calendar_today Closed: Feb 14,

Reported On January 24th, 2024 by Lorena Bentley

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

What HUD offices serve Mazeppa, 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 Mazeppa, Minnesota.

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

How many renters live in Mazeppa, Minnesota?

The City of Mazeppa has 901 people living in 395 households.

There are 177 renters living in 85 renter households in this City. Renters make up 19.64 percent of the population living in Mazeppa.

What is the rental market like in Mazeppa, Minnesota?

There are an estimated 425 housing units in the Mazeppa area. Of these, 85 units are rental homes, making up 20 percent of the housing market. For every renter household in Mazeppa, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Mazeppa?

The rental vacancy rate in Mazeppa 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 Mazeppa for each bedroom size?

Occupied Rental Units by Size in Mazeppa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 20 24 21 12
Occupied Rental Units by Size in Mazeppa

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

Among renter households in this market, 42 percent have housing cost burden. Further, 29 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 Mazeppa

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $785 to $1,536. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $785
One BR $806
Two BR $905
Three BR $1,275
Four BR $1,536
2024 Fair Market Rents in Mazeppa, Minnesota

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

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 13 65 percent
Two BR 0 100 percent
Rental Units Below FMR in Mazeppa, Minnesota

How many affordable rental units are in Mazeppa?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Mazeppa, Minnesota

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

Income Based Apartments in Mazeppa, Minnesota

Mazeppa features 0 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 Mazeppa, Minnesota

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mazeppa.

Housing Choice Vouchers in Mazeppa, Minnesota

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.