Low Income Apartments and Affordable Housing For Rent in Cottonwood County, MN

Discover affordable housing in Cottonwood County where there are 7+ 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.

Westbrook Apartments

900 11th St, Westbrook, Minnesota 56183

Windom Townhouses 1500 Perkins Creek

1475 17th St, Windom, Minnesota 56101

Windom Apartments

135-145 6th Ave S, Windom, Minnesota 56101

Riverview Apartments

605 10th St, Windom, Minnesota 56101

Laker Apartments

1225 3rd Ave, Mountain Lake, Minnesota 56159

Tanglewood Estates

1755 4th Ave, Windom, Minnesota 56101

Meadow-Bloom Apt

100 and 110 Meadow Bloom Lane, Amboy, Minnesota

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cottonwood County, Minnesota
$17.14/hour
$8.29 (+94%) more than Minnesota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Cottonwood County, Minnesota Affordable Housing ↓

What HUD offices serve Cottonwood County, 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 Cottonwood County, Minnesota.

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

How many renters live in Cottonwood County, Minnesota?

The County of Cottonwood County has 11,481 people living in 4,613 households.

There are 2,359 renters living in 1,076 renter households in this County. Renters make up 20.55 percent of the population living in Cottonwood County.

What is the rental market like in Cottonwood County, Minnesota?

There are an estimated 5,157 housing units in the Cottonwood County area. Of these, 1,162 units are rental homes, making up 23 percent of the housing market. For every renter household in Cottonwood County, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Cottonwood County?

The rental vacancy rate in Cottonwood County is 6 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 Cottonwood County for each bedroom size?

Occupied Rental Units by Size in Cottonwood County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
25 295 327 288 129
Occupied Rental Units by Size in Cottonwood County

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

Among renter households in this market, 31 percent have housing cost burden. Further, 13 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 Cottonwood County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,254. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $751
Two BR $905
Three BR $1,128
Four BR $1,254
2024 Fair Market Rents in Cottonwood County, Minnesota

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

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 0 100 percent
One BR 191 65 percent
Two BR 170 52 percent
Rental Units Below FMR in Cottonwood County, Minnesota

How many affordable rental units are in Cottonwood County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 51
Public Housing 130
Section 8 Project-Based Rental Assistance 90
USDA Section 515 Rural Rental Housing 48
Tracked Units by Federal Program in Cottonwood County, Minnesota

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

Income Based Apartments in Cottonwood County, Minnesota

Cottonwood County features 294 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 Cottonwood County, Minnesota

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

Housing Choice Vouchers in Cottonwood County, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cottonwood County, Minnesota for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.