Affordable Housing In Faribault County
Minnesota

11 Low Income Apartment Communities In Faribault County

Bricelyn Plaza

314 N Main St
Bricelyn, MN
$730
1 BR
Subsidized

Garden Court Apartments

333 2nd Ave SW
Winnebago, MN
$673-775
1-2 BR
Subsidized
Accessible
62+

Kee Valley Apartments

408 N Main St
Kiester, MN
$605-630
1-2 BR
Subsidized

Broadway Apartments - - ( Wells )

219 S Broadway
Wells, MN
Subsidized

Blue Ridge Apartments

520 N Grant St
Blue Earth, MN
Subsidized

New Life Manor

505 E 17th St
Blue Earth, MN
Subsidized
62+
Accessible
Elderly Supportive Housing

Bricelyn Apartments

705 N 5th St
Bricelyn, MN

Blue Earth City Hra

220 E 7th St
Blue Earth, MN

Eastown Apartments

365 2nd Ave NE
Wells, MN

Parkview Apartments

208 E Jay St
Elmore, MN

Housing Authorities that serve Faribault County

Housing Authority Programs
Faribault County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Faribault County

Housing Authority Programs
Housing and Redevelopment Authority of Blue Earth Public Housing

Guide To Affordable Housing in Faribault County, Minnesota

There are 11 low income housing apartment communities offering 270 affordable apartments for rent in Faribault County, Minnesota.

Income Based Apartments in Faribault County, Minnesota

Faribault County features 208 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 Faribault County, Minnesota

There are 62 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Faribault County.

Housing Choice Vouchers in Faribault County, Minnesota

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

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

2020 Faribault County, 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 $542 $714 $945 $1,030
Payment Standard Range $424 to $518 $488 to $596 $643 to $785 $851 to $1,040 $927 to $1,133

Sourced from federal housing data and AffordableHousingOnline.com research.

Faribault County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 270
Total Housing Units with Rental Assistance 208
Percentage of Housing Units Occupied By Renters 23.17%
Average Renter Household Size 1.99
Average Household Size 2.18
Median Household Income $47,540 ±$2,494
Median Rent $538 ±$34
Percentage Of Renters Overburdened 33.38% ± 6.29pp
Total Population 14,230

Population and Household Demographics

Faribault County is a County in Minnesota with a population of 14,230. There are 6,374 households in the county with an average household size of 2.18 persons. 23.17% of households in Faribault County are renters.

Income and Rent Overburden in Faribault County

The median gross income for households in Faribault County is $47,540 a year, or $3,962 a month. The median rent for the county is $538 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Faribault County, a household making less than $1,793 a month would be considered overburdened when renting an apartment at or above the median rent. 33.38% of households who rent are overburdened in Faribault County.1

Area Median Income In Faribault County

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.

In Faribault County, HUD calculates the Area Median Income for a family of four as $63,800

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 Faribault County

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 Faribault County HUD Rental Assistance in Faribault County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,200 $17,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% of Median $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450

Cities In Faribault County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Bricelyn 2 The HUD funded Public Housing Agency that serves Bricelyn is the Faribault County Housing and Redevelopment Authority.
Kiester 1 The HUD funded Public Housing Agency that serves Kiester is the Faribault County Housing and Redevelopment Authority.
Wells 3 The HUD funded Public Housing Agency that serves Wells is the Faribault County Housing and Redevelopment Authority.
Winnebago 1 The HUD funded Public Housing Agency that serves Winnebago is the Faribault County Housing and Redevelopment Authority.
Blue Earth 3 The HUD funded Public Housing Agencies that serve Blue Earth are the Housing and Redevelopment Authority of Blue Earth and Faribault County Housing and Redevelopment Authority.
Elmore 1 The HUD funded Public Housing Agency that serves Elmore is the Faribault County Housing and Redevelopment Authority.
Barber 0 The HUD funded Public Housing Agency that serves Barber is the Faribault County Housing and Redevelopment Authority.
Blue Earth City 0 The HUD funded Public Housing Agency that serves Blue Earth City is the Faribault County Housing and Redevelopment Authority.
Brush Creek 0 The HUD funded Public Housing Agency that serves Brush Creek is the Faribault County Housing and Redevelopment Authority.
Clark 0 The HUD funded Public Housing Agency that serves Clark is the Faribault County Housing and Redevelopment Authority.
Delavan 0 The HUD funded Public Housing Agency that serves Delavan is the Faribault County Housing and Redevelopment Authority.
Delavanship 0 The HUD funded Public Housing Agency that serves Delavanship is the Faribault County Housing and Redevelopment Authority.
Dunbar 0 The HUD funded Public Housing Agency that serves Dunbar is the Faribault County Housing and Redevelopment Authority.
Easton 0 The HUD funded Public Housing Agency that serves Easton is the Faribault County Housing and Redevelopment Authority.
Elmoreship 0 The HUD funded Public Housing Agency that serves Elmoreship is the Faribault County Housing and Redevelopment Authority.
Emerald 0 The HUD funded Public Housing Agency that serves Emerald is the Faribault County Housing and Redevelopment Authority.
Foster 0 The HUD funded Public Housing Agency that serves Foster is the Faribault County Housing and Redevelopment Authority.
Frost 0 The HUD funded Public Housing Agency that serves Frost is the Faribault County Housing and Redevelopment Authority.
Jo Daviess 0 The HUD funded Public Housing Agency that serves Jo Daviess is the Faribault County Housing and Redevelopment Authority.
Kiestership 0 The HUD funded Public Housing Agency that serves Kiestership is the Faribault County Housing and Redevelopment Authority.
Lura 0 The HUD funded Public Housing Agency that serves Lura is the Faribault County Housing and Redevelopment Authority.
Minnesota Lake 0 The HUD funded Public Housing Agency that serves Minnesota Lake is the Faribault County Housing and Redevelopment Authority.
Pilot Grove 0 The HUD funded Public Housing Agency that serves Pilot Grove is the Faribault County Housing and Redevelopment Authority.
Prescott 0 The HUD funded Public Housing Agency that serves Prescott is the Faribault County Housing and Redevelopment Authority.
Rome 0 The HUD funded Public Housing Agency that serves Rome is the Faribault County Housing and Redevelopment Authority.
Seely 0 The HUD funded Public Housing Agency that serves Seely is the Faribault County Housing and Redevelopment Authority.
Verona 0 The HUD funded Public Housing Agency that serves Verona is the Faribault County Housing and Redevelopment Authority.
Walnut Lake 0 The HUD funded Public Housing Agency that serves Walnut Lake is the Faribault County Housing and Redevelopment Authority.
Walters 0 The HUD funded Public Housing Agency that serves Walters is the Faribault County Housing and Redevelopment Authority.
Winnebago City 0 The HUD funded Public Housing Agency that serves Winnebago City is the Faribault County Housing and Redevelopment Authority.