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

Discover affordable housing in Baxter 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.

Grand Oaks Townhomes

14084 Grand Oaks Dr, Baxter, Minnesota 56425

bed 2-3
payment $695-785/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Excelsior Court Apartments

7276 Excelsior Rd, Baxter, Minnesota 56425

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

White Oak Estates

14236 Grand Oaks Dr. , Baxter, Minnesota 56425

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Baxter, 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 Baxter, Minnesota
$20.91/hour
$12.06 (+136%) more than Minnesota minimum wage and $13.66 (+188%) more than the Federal minimum wage.
Learn More About Baxter, Minnesota Affordable Housing ↓

What HUD offices serve Baxter, 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, Homeownership Voucher, Family Self-Sufficiency programs for Baxter, Minnesota.

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

How many renters live in Baxter, Minnesota?

The City of Baxter has people living in households.

There are renters living in renter households in this City. Renters make up 25.1 percent of the population living in Baxter.

What is the rental market like in Baxter, Minnesota?

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

What is the vacancy rate for rentals in Baxter?

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

Occupied Rental Units by Size in Baxter
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
26 508 547 159 15
Occupied Rental Units by Size in Baxter

A large number of apartments in Baxter 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 Baxter

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $748 to $1,556. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $748
One BR $840
Two BR $1,104
Three BR $1,373
Four BR $1,556
2024 Fair Market Rents in Baxter, Minnesota

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

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 0 100 percent
One BR 133 26 percent
Two BR 267 49 percent
Rental Units Below FMR in Baxter, Minnesota

How many affordable rental units are in Baxter?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Baxter, Minnesota

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

Income Based Apartments in Baxter, Minnesota

Baxter features 24 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 Baxter, Minnesota

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

Housing Choice Vouchers in Baxter, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Baxter, Minnesota for a two-bedroom apartment is between $994 and $1,214.

Sourced from federal housing data and AffordableHousingOnline.com research.

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