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

Discover affordable housing in Claremont where there are 2+ 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.

Claremont Manor

100 3rd St, Claremont, Minnesota 55924

Claremont Center

10603 640th Street, Claremont, Minnesota

calendar_today Opened: Aug 7
calendar_today Closed: Feb 14,

Reported On January 24th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Claremont, Minnesota
$21.74/hour
$12.89 (+146%) more than Minnesota minimum wage and $14.49 (+200%) more than the Federal minimum wage.
Learn More About Claremont, Minnesota Affordable Housing ↓

What HUD offices serve Claremont, 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 Claremont, Minnesota.

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

How many renters live in Claremont, Minnesota?

The City of Claremont has 552 people living in 198 households.

There are 88 renters living in 25 renter households in this City. Renters make up 15.94 percent of the population living in Claremont.

What is the rental market like in Claremont, Minnesota?

There are an estimated 205 housing units in the Claremont area. Of these, 25 units are rental homes, making up 12 percent of the housing market. For every renter household in Claremont, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Claremont?

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

Occupied Rental Units by Size in Claremont
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 14 9 2
Occupied Rental Units by Size in Claremont

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

Among renter households in this market, 36 percent have housing cost burden. Further, 28 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 Claremont

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $814 to $1,948. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $814
One BR $927
Two BR $1,148
Three BR $1,618
Four BR $1,948
2024 Fair Market Rents in Claremont, Minnesota

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

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 11 79 percent
Rental Units Below FMR in Claremont, Minnesota

How many affordable rental units are in Claremont?

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

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

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

Income Based Apartments in Claremont, Minnesota

Claremont features 26 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 Claremont, Minnesota

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

Housing Choice Vouchers in Claremont, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Claremont, Minnesota for a two-bedroom apartment is between $1,033 and $1,263.

Sourced from federal housing data and AffordableHousingOnline.com research.