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

Discover affordable housing in Minneapolis where there are 3+ 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.

Elkhorn

411 N Mill Street, Minneapolis, Kansas 67467

Pheasant Run

820 N Rock St, Minneapolis, Kansas 67467

Pheasant Run Apartments

810 N Rock St, Minneapolis, Kansas 67467

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Minneapolis, Kansas
$18.43/hour
$11.18 (+154%) more than Kansas minimum wage and $11.18 (+154%) more than the Federal minimum wage.
Learn More About Minneapolis, Kansas Affordable Housing ↓

What HUD offices serve Minneapolis, Kansas?

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 Minneapolis, Kansas.

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

How many renters live in Minneapolis, Kansas?

The City of Minneapolis has 2,065 people living in 894 households.

There are 584 renters living in 303 renter households in this City. Renters make up 28.28 percent of the population living in Minneapolis.

What is the rental market like in Minneapolis, Kansas?

There are an estimated 980 housing units in the Minneapolis area. Of these, 303 units are rental homes, making up 31 percent of the housing market. For every renter household in Minneapolis, Kansas, there are 1 rental units.

What is the vacancy rate for rentals in Minneapolis?

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

Occupied Rental Units by Size in Minneapolis
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 102 87 86 21
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 many renter households in Minneapolis are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 22 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 Minneapolis

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $698 to $1,373. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $698
One BR $741
Two BR $973
Three BR $1,176
Four BR $1,373
2024 Fair Market Rents in Minneapolis, Kansas

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
One BR 100 98 percent
Two BR 61 70 percent
Rental Units Below FMR in Minneapolis, Kansas

How many affordable rental units are in Minneapolis?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Public Housing 75
Tracked Units by Federal Program in Minneapolis, Kansas

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

Income Based Apartments in Minneapolis, Kansas

Minneapolis features 74 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, Kansas

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minneapolis.

Housing Choice Vouchers in Minneapolis, Kansas

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Minneapolis, Kansas for a two-bedroom apartment is between $876 and $1,070.

Sourced from federal housing data and AffordableHousingOnline.com research.