Low Income Apartments and Affordable Housing For Rent in Pine City, MN

Discover affordable housing in Pine City 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.

Johnson Apartments

1010 Main St S, Pine City, Minnesota 55063

Halter Pines I & II

900 Hillside Ave SW, Pine City, Minnesota 55063

North Pine Apts

815 Johnson Ave, Pine City, Minnesota 55063

Pine City Estates

515 9th St SW, Pine City, Minnesota 55063

Westchester Village

185 Main St S, Pine City, Minnesota 55063

Hilltop Cottages

1345 8th Street Southwest, Pine City, Minnesota 55063

Hillside Court

905 7th St SW, Pine City, Minnesota 55063

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pine City, Minnesota
$21.70/hour
$12.85 (+145%) more than Minnesota minimum wage and $14.45 (+199%) more than the Federal minimum wage.
Learn More About Pine City, Minnesota Affordable Housing ↓

What HUD offices serve Pine City, 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 Pine City, Minnesota.

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

How many renters live in Pine City, Minnesota?

The City of Pine City has 3,205 people living in 1,479 households.

There are 687 renters living in 506 renter households in this City. Renters make up 21.44 percent of the population living in Pine City.

What is the rental market like in Pine City, Minnesota?

There are an estimated 1,694 housing units in the Pine City area. Of these, 506 units are rental homes, making up 30 percent of the housing market. For every renter household in Pine City, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Pine City?

The rental vacancy rate in Pine City 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 Pine City for each bedroom size?

Occupied Rental Units by Size in Pine City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 238 221 17 0
Occupied Rental Units by Size in Pine City

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

Among renter households in this market, 59 percent have housing cost burden. Further, 17 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 Pine City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $866 to $1,551. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $866
One BR $872
Two BR $1,146
Three BR $1,393
Four BR $1,551
2024 Fair Market Rents in Pine City, Minnesota

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

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 18 60 percent
One BR 191 80 percent
Two BR 154 70 percent
Rental Units Below FMR in Pine City, Minnesota

How many affordable rental units are in Pine City?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Public Housing 34
Section 8 Project-Based Rental Assistance 59
USDA Section 515 Rural Rental Housing 88
Tracked Units by Federal Program in Pine City, Minnesota

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

Income Based Apartments in Pine City, Minnesota

Pine City features 158 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 Pine City, Minnesota

There are 35 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pine City.

Housing Choice Vouchers in Pine City, Minnesota

On average, Section 8 Housing Choice vouchers pay Pine City landlords $300 per month towards rent. The average voucher holder contributes $400 towards rent in Pine City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pine City, Minnesota for a two-bedroom apartment is between $1,031 and $1,261.

Sourced from federal housing data and AffordableHousingOnline.com research.