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Affordable Housing In Big Stone County
Minnesota

5 Low Income Apartment Communities In Big Stone County

Beardsley Apartments

210 4th Ave W
Beardsley, Minnesota
Subsidized

Bay View Housing - Orr

Bay View Housing
Orr, Minnesota

Lakeside Apartments

301 1st St NW
Ortonville, Minnesota

Home-Rite Apartment

126 1st Street Se
Ortonville, Minnesota

Hi Lo Apartments C/O Vanbinsbergen

717 5th Street
Graceville, Minnesota
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Housing Authorities that serve Big Stone County

Housing Authority Programs
Big Stone County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Big Stone County, Minnesota

There are 5 low income housing apartment communities offering 129 affordable apartments for rent in Big Stone County, Minnesota.

Income Based Apartments in Big Stone County, Minnesota

Big Stone County features 117 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 Big Stone County, Minnesota

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Big Stone County.

Housing Choice Vouchers in Big Stone County, Minnesota

On average, Section 8 Housing Choice vouchers pay Big Stone County landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Big Stone County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Big Stone County, Minnesota for a two-bedroom apartment is between $643 and $785.

2020 Big Stone County, Minnesota Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $471 $542 $714 $1,002 $1,006
Payment Standard Range $424 to $518 $488 to $596 $643 to $785 $902 to $1,102 $905 to $1,107

Sourced from federal housing data and AffordableHousingOnline.com research.

Big Stone County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 129
Total Housing Units with Rental Assistance 117
Percentage of Housing Units Occupied By Renters 20.99%
Average Renter Household Size 1.71
Average Household Size 2.18
Median Household Income $47,794 ±$3,309
Median Rent $508 ±$64
Percentage Of Renters Overburdened 40.71% ± 12.87pp
Total Population 5,134

Population and Household Demographics

Big Stone County is a county in Minnesota with a population of 5,134. There are 2,282 households in the county with an average household size of 2.18 persons. 20.99% of households in Big Stone County are renters.

Income and Rent Overburden in Big Stone County

The median gross income for households in Big Stone County is $47,794 a year, or $3,983 a month. The median rent for the county is $508 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Big Stone County, a household making less than $1,693 a month would be considered overburdened when renting an apartment at or above the median rent. 40.71% of households who rent are overburdened in Big Stone County.

Area Median Income In Big Stone County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Big Stone County, HUD calculates the Area Median Income for a family of four as $70,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Big Stone County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Big Stone County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,450 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,450 $29,050 $32,700 $36,300 $39,250 $42,150 $45,050 $47,950
80% of Median $40,700 $46,500 $52,300 $58,100 $62,750 $67,400 $72,050 $76,700

Cities In Big Stone County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Akron The HUD funded Public Housing Agency that serves Akron is the Big Stone County Housing and Redevelopment Authority.
Almond The HUD funded Public Housing Agency that serves Almond is the Big Stone County Housing and Redevelopment Authority.
Artichoke The HUD funded Public Housing Agency that serves Artichoke is the Big Stone County Housing and Redevelopment Authority.
Barry The HUD funded Public Housing Agency that serves Barry is the Big Stone County Housing and Redevelopment Authority.
Beardsley The HUD funded Public Housing Agency that serves Beardsley is the Big Stone County Housing and Redevelopment Authority.
Big Stone The HUD funded Public Housing Agency that serves Big Stone is the Big Stone County Housing and Redevelopment Authority.
Browns Valley The HUD funded Public Housing Agency that serves Browns Valley is the Big Stone County Housing and Redevelopment Authority.
Clinton The HUD funded Public Housing Agency that serves Clinton is the Big Stone County Housing and Redevelopment Authority.
Correll The HUD funded Public Housing Agency that serves Correll is the Big Stone County Housing and Redevelopment Authority.
Foster The HUD funded Public Housing Agency that serves Foster is the Big Stone County Housing and Redevelopment Authority.
Graceville The HUD funded Public Housing Agency that serves Graceville is the Big Stone County Housing and Redevelopment Authority.
Gracevilleship The HUD funded Public Housing Agency that serves Gracevilleship is the Big Stone County Housing and Redevelopment Authority.
Johnson The HUD funded Public Housing Agency that serves Johnson is the Big Stone County Housing and Redevelopment Authority.
Malta The HUD funded Public Housing Agency that serves Malta is the Big Stone County Housing and Redevelopment Authority.
Moonshine The HUD funded Public Housing Agency that serves Moonshine is the Big Stone County Housing and Redevelopment Authority.
Odessa The HUD funded Public Housing Agency that serves Odessa is the Big Stone County Housing and Redevelopment Authority.
Odessaship The HUD funded Public Housing Agency that serves Odessaship is the Big Stone County Housing and Redevelopment Authority.
Orr The HUD funded Public Housing Agency that serves Orr is the Big Stone County Housing and Redevelopment Authority.
Ortonville The HUD funded Public Housing Agency that serves Ortonville is the Big Stone County Housing and Redevelopment Authority.
Ortonvilleship The HUD funded Public Housing Agency that serves Ortonvilleship is the Big Stone County Housing and Redevelopment Authority.
Otrey The HUD funded Public Housing Agency that serves Otrey is the Big Stone County Housing and Redevelopment Authority.
Prior The HUD funded Public Housing Agency that serves Prior is the Big Stone County Housing and Redevelopment Authority.
Toqua The HUD funded Public Housing Agency that serves Toqua is the Big Stone County Housing and Redevelopment Authority.