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

Discover affordable housing in Bloomington where there are 18+ 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.

108 Place

4050 West 108th St, Bloomington, Minnesota 55437

The Crossings at Valley View

8735 Portland Ave S, Bloomington, Minnesota 55420

Bloomington Family Townhomes

4808 Nord Drive, Bloomington, Minnesota 55437

Garfield Commons

9450 Garfield Ave S, Bloomington, Minnesota 55420

Catalpa Village

10100 Lyndale Ave S, Bloomington, Minnesota 55420

The Meadows

9501 Garfield Ave S, Bloomington, Minnesota 55420

The Fenley

8051 33rd Avenue S, Bloomington, Minnesota 55425

Metro Apartments

20 W 92nd St, Bloomington, Minnesota 55420

L.W. Fraser Indep Living Prj 2 - Lyndale Court

10325 Lyndale Ave S, Bloomington, Minnesota 55420

Bloomington Housing Aka Penn Place Aka Knox Landing

10041 Penn Ave S, Bloomington, Minnesota 55431

Blooming Glen Townhomes

724 Southglen Dr, Bloomington, Minnesota 55420

Cadence Apartments

7990 Old Cedar Ave, Bloomington, Minnesota 55425

Lyndale Flats

9320 Lyndale Avenue South, Bloomington, Minnesota 55420

Southview Estates

8916 Lyndale Ave S, Bloomington, Minnesota 55420

Ridgeview Terrace Aka Tarnside Gideon Pnd

5100 W 98th St, Bloomington, Minnesota 55437

Newton Manor

10000 Newton Ave S, Bloomington, Minnesota 55431

Lyndale Townhomes

8544 Lyndale Ave S, Bloomington, Minnesota 55420

Lyndale Green

8421 Lyndale Avenue South, Bloomington, Minnesota 55431

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bloomington, 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 Bloomington, Minnesota Affordable Housing ↓

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

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

How many renters live in Bloomington, Minnesota?

The City of Bloomington has 87,799 people living in 39,204 households.

There are 26,516 renters living in 12,941 renter households in this City. Renters make up 30.2 percent of the population living in Bloomington.

What is the rental market like in Bloomington, Minnesota?

There are an estimated 39,347 housing units in the Bloomington area. Of these, 13,058 units are rental homes, making up 33 percent of the housing market. For every renter household in Bloomington, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Bloomington?

The rental vacancy rate in Bloomington is 5 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 Bloomington for each bedroom size?

Occupied Rental Units by Size in Bloomington
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
941 4,522 4,974 1,306 564
Occupied Rental Units by Size in Bloomington

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

Among renter households in this market, 51 percent have housing cost burden. Further, 30 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 Bloomington

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 Bloomington, Minnesota

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

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 412 44 percent
One BR 2,438 54 percent
Two BR 2,353 47 percent
Rental Units Below FMR in Bloomington, Minnesota

How many affordable rental units are in Bloomington?

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

Federal Program Unit Count
Low Income Housing Tax Credit 229
Section 8 Project-Based Rental Assistance 540
Section 202 Supportive Housing for the Elderly 126
Section 811 Supportive Housing for Persons with Disabilities 43
Tracked Units by Federal Program in Bloomington, Minnesota

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

Income Based Apartments in Bloomington, Minnesota

Bloomington features 643 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 Bloomington, Minnesota

There are 262 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bloomington.

Housing Choice Vouchers in Bloomington, Minnesota

On average, Section 8 Housing Choice vouchers pay Bloomington landlords $700 per month towards rent. The average voucher holder contributes $600 towards rent in Bloomington.

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

Sourced from federal housing data and AffordableHousingOnline.com research.