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Affordable Housing In Clarkfield
Yellow Medicine County, Minnesota

2 Low Income Apartment Communities In Clarkfield

Valhalla Apartments

1012 12th Ave
Clarkfield, Minnesota

Clarkview Apartments

1113 11th Ave
Clarkfield, Minnesota
Accepts Vouchers
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Housing Authorities that serve Clarkfield

Housing Authority Programs
Housing and Redevelopment Authority of Clarkfield Public Housing

Guide To Affordable Housing in Clarkfield, Minnesota

There are 2 low income housing apartment communities offering 42 affordable apartments for rent in Clarkfield, Minnesota.

Income Based Apartments in Clarkfield, Minnesota

Clarkfield features 34 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 Clarkfield, Minnesota

There are 8 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clarkfield.

Housing Choice Vouchers in Clarkfield, Minnesota

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

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

2020 Clarkfield, 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 $575 $714 $964 $967
Payment Standard Range $424 to $518 $518 to $633 $643 to $785 $868 to $1,060 $870 to $1,064

Sourced from federal housing data and AffordableHousingOnline.com research.

Clarkfield, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 42
Total Housing Units with Rental Assistance 34
Percentage of Housing Units Occupied By Renters 31.13%
Average Renter Household Size 2.13
Average Household Size 2.14
Median Household Income $41,063 ±$4,718
Median Rent $514 ±$97
Percentage Of Renters Overburdened 38.05% ± 17.05pp
Total Population 824

Population and Household Demographics

Clarkfield is a city in Yellow Medicine County, Minnesota with a population of 824. There are 363 households in the city with an average household size of 2.14 persons. 31.13% of households in Clarkfield are renters.

Income and Rent Overburden in Clarkfield

The median gross income for households in Clarkfield is $41,063 a year, or $3,422 a month. The median rent for the city is $514 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clarkfield, a household making less than $1,713 a month would be considered overburdened when renting an apartment at or above the median rent. 38.05% of households who rent are overburdened in Clarkfield.

Area Median Income In Clarkfield

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 Clarkfield, the AMI is calculated from all households within Yellow Medicine County.

In Clarkfield, HUD calculates the Area Median Income for a family of four as $70,400

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 Clarkfield

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 Clarkfield

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