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

Discover affordable housing in Carlos where there are 1+ 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.

Carlos Housing

23 N Douglas Ave, Carlos, Minnesota 56319

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carlos, Minnesota
$18.22/hour
$9.37 (+106%) more than Minnesota minimum wage and $10.97 (+151%) more than the Federal minimum wage.
Learn More About Carlos, Minnesota Affordable Housing ↓

What HUD offices serve Carlos, 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 Carlos, Minnesota.

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

How many renters live in Carlos, Minnesota?

The City of Carlos has 426 people living in 178 households.

There are 49 renters living in 24 renter households in this City. Renters make up 11.5 percent of the population living in Carlos.

What is the rental market like in Carlos, Minnesota?

There are an estimated 196 housing units in the Carlos area. Of these, 32 units are rental homes, making up 16 percent of the housing market. For every renter household in Carlos, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Carlos?

The rental vacancy rate in Carlos is 13 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Carlos for each bedroom size?

Occupied Rental Units by Size in Carlos
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 13 11 0
Occupied Rental Units by Size in Carlos

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

Among renter households in this market, 21 percent have housing cost burden. Further, 0 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 Carlos

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $672 to $1,281. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $672
One BR $789
Two BR $962
Three BR $1,276
Four BR $1,281
2024 Fair Market Rents in Carlos, Minnesota

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

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
Two BR 8 62 percent
Rental Units Below FMR in Carlos, Minnesota

How many affordable rental units are in Carlos?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Carlos, Minnesota

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

Income Based Apartments in Carlos, Minnesota

Carlos features 8 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 Carlos, Minnesota

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

Housing Choice Vouchers in Carlos, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carlos, Minnesota for a two-bedroom apartment is between $866 and $1,058.

Sourced from federal housing data and AffordableHousingOnline.com research.