; Low Income Apartments For Rent in Blue Earth, MN

Apply to Blue Earth Apartment Waiting Lists

New Life Manor

505 E 17th St
Blue Earth, Minnesota
S. 202

Blue Ridge Apartments

520 N Grant St
Blue Earth, Minnesota

Blue Earth City Hra

220 E 7th St
Blue Earth, Minnesota
Public Housing
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There are 0 low-income apartments in Blue Earth that offer reduced rents to eligible households.

Rental assistance programs support 115 low-income homes in Blue Earth where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $327 towards rent each month.

Affordable rent data for some communities last confirmed on October 30th, 2019. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Blue Earth, 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.

Housing Authority Programs
Housing and Redevelopment Authority of Blue Earth Public Housing
Faribault County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV)
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Blue Earth.

Blue Earth, Minnesota Affordable Housing Data

Income Based Apartments in Blue Earth, Minnesota

Blue Earth features 115 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 Blue Earth, Minnesota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Blue Earth.

Housing Choice Vouchers in Blue Earth, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Blue Earth, Minnesota for a two-bedroom apartment is between $743 and $909.

2023 Blue Earth, 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
Blue Earth, Minnesota Fair Market Rent $552 $660 $826 $1,152 $1,156
Blue Earth, Minnesota Payment Standard Range $497 to $607 $594 to $726 $743 to $909 $1,037 to $1,267 $1,040 to $1,272

Sourced from federal housing data and AffordableHousingOnline.com research.

Blue Earth, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 115
Total Housing Units with Rental Assistance 115
Percentage of Housing Units Occupied By Renters 32.16%
Average Renter Household Size 1.79
Average Household Size 2.05
Median Household Income $42,883 ±$6,904
Median Rent $493 ±$90
Percentage Of Renters Overburdened 36.16% ± 13.8pp
Total Population 3,279

Population and Household Demographics

Blue Earth is a city in Faribault County, Minnesota with a population of 3,279. There are 1,505 households in the city with an average household size of 2.05 persons. 32.16% of households in Blue Earth are renters.

Income and Rent Overburden in Blue Earth

The median gross income for households in Blue Earth is $42,883 a year, or $3,574 a month. The median rent for the city is $493 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Blue Earth, a household making less than $1,643 a month would be considered overburdened when renting an apartment at or above the median rent. 36.16% of households who rent are overburdened in Blue Earth.

Area Median Income In Blue Earth

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Blue Earth, the AMI is calculated from all households within Faribault County.

In Blue Earth, HUD calculates the Area Median Income for a family of four as $83,800

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 Blue Earth

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 Blue Earth

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Blue Earth AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,550 $21,200 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Blue Earth AMI may qualify for rental assistance programs that target Very Low Income households.
$30,900 $35,300 $39,700 $44,100 $47,650 $51,200 $54,700 $58,250
80% AMI Income Limits
Renters earning up to 80% of the Blue Earth AMI may qualify for rental assistance programs that target Low Income households.
$49,400 $56,450 $63,500 $70,550 $76,200 $81,850 $87,500 $93,150