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

Discover affordable housing in Minneapolis where there are 366+ 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.

Lake Street Station

2220 East Lake Street, Minneapolis, Minnesota 55407

bed 1-2
payment $986-1110/mo.
switch_access_shortcut Short Wait
accessibility Accessible

The Vicinity

205 Park Avenue, Minneapolis, Minnesota 55415

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Greenway Heights

2845 Bloomington Avenue South, Minneapolis, Minnesota 55407

bed 2-4
payment $1116-1460/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Stradford Flats

16 E 15th St, Minneapolis, Minnesota 55403

bed Studio-1
payment $839-894/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Seward Towers East

2910 E Franklin Ave, Minneapolis, Minnesota 55406

bed Studio-2
payment $1115-1267/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Audubon Crossing

951 Lowry Ave NE, Minneapolis, Minnesota 55418

bed 1-3
payment $722-1000/mo.
switch_access_shortcut Short Wait
accessibility Accessible

The Balmoral

1005 Portland Avenue, Minneapolis, Minnesota 55404

bed Studio-1
payment $718-1100/mo.

Ebenezer Towers

2523 Portland Ave, Minneapolis, Minnesota 55404

bed Studio-2
payment $530-960/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

River Run Apartments

1434 Marshall St NE, Minneapolis, Minnesota 55413

bed 1-3
payment $1098-2875/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Vantage Flats

5359 Minnehaha Ave, Minneapolis, Minnesota 55417

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Seward Square

2121 S 9th St, Minneapolis, Minnesota 55404

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Downtown View

1205 Chestnut Ave, Minneapolis, Minnesota 55403

bed Studio
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Southsider Apartments

3029 22nd Avenue South, Minneapolis, Minnesota 55407

bed 1-2
payment $1255-1705/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Mill City Quarter

322 South 2nd Street, Minneapolis, Minnesota 55401

bed 1-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Cromwell Commons

10 East 15th Street, Minneapolis, Minnesota 55403

bed Studio-1
payment $859-871/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Green on 4th

2949 4th Street Southeast, Minneapolis, Minnesota 55414

bed Studio-2
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Veterans East

5019 East 54th Street, Minneapolis, Minnesota 55417

bed Studio-2
payment $460-476/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Hook & Ladder Apartments

2310 Jefferson St NE, Minneapolis, Minnesota 55413

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Bottineau Lofts

1929 2nd St NE, Minneapolis, Minnesota 55418

bed Studio-3
payment $1063-1137/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Bottineau Commons

1808 University Ave NE, Minneapolis, Minnesota 55418

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Minneapolis, Minnesota

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Minneapolis, 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 Minneapolis, Minnesota Affordable Housing ↓

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

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

How many renters live in Minneapolis, Minnesota?

The City of Minneapolis has people living in households.

There are renters living in renter households in this City. Renters make up 45.34 percent of the population living in Minneapolis.

What is the rental market like in Minneapolis, Minnesota?

There are an estimated housing units in the Minneapolis area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Minneapolis, Minnesota, there are 1.09 rental units.

What is the vacancy rate for rentals in Minneapolis?

The rental vacancy rate in Minneapolis is 6 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 Minneapolis for each bedroom size?

Occupied Rental Units by Size in Minneapolis
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
14,253 41,146 29,500 11,725 3,164
Occupied Rental Units by Size in Minneapolis

A large number of apartments in Minneapolis have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Minneapolis

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 Minneapolis, Minnesota

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

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 9,736 68 percent
One BR 25,041 61 percent
Two BR 15,079 51 percent
Rental Units Below FMR in Minneapolis, Minnesota

How many affordable rental units are in Minneapolis?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Mod Rehab Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Minneapolis, Minnesota

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

Income Based Apartments in Minneapolis, Minnesota

Minneapolis features 10,853 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 Minneapolis, Minnesota

There are 10,006 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minneapolis.

Housing Choice Vouchers in Minneapolis, Minnesota

On average, Section 8 Housing Choice vouchers pay Minneapolis landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Minneapolis.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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