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

Discover affordable housing in Gaylord where there are 3+ 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.

Westgate Apartments - - Gaylord

815 Main Ave, Gaylord, Minnesota 55334

Halter Glen

820 Main Ave, Gaylord, Minnesota 55334

Gaylord Homes Inc

812 Main Ave, Gaylord, Minnesota 55334

calendar_today Opened: Jun 6
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gaylord, Minnesota
$18.50/hour
$9.65 (+109%) more than Minnesota minimum wage and $11.25 (+155%) more than the Federal minimum wage.
Learn More About Gaylord, Minnesota Affordable Housing ↓

What HUD offices serve Gaylord, 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) programs for Gaylord, Minnesota.

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

How many renters live in Gaylord, Minnesota?

The City of Gaylord has 2,082 people living in 903 households.

There are 712 renters living in 298 renter households in this City. Renters make up 34.2 percent of the population living in Gaylord.

What is the rental market like in Gaylord, Minnesota?

There are an estimated 993 housing units in the Gaylord area. Of these, 328 units are rental homes, making up 33 percent of the housing market. For every renter household in Gaylord, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Gaylord?

The rental vacancy rate in Gaylord is 9 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 Gaylord for each bedroom size?

Occupied Rental Units by Size in Gaylord
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 86 149 39 18
Occupied Rental Units by Size in Gaylord

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

Among renter households in this market, 21 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 Gaylord

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $662 to $1,301. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $662
One BR $762
Two BR $977
Three BR $1,245
Four BR $1,301
2024 Fair Market Rents in Gaylord, Minnesota

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

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 26 30 percent
Two BR 114 77 percent
Rental Units Below FMR in Gaylord, Minnesota

How many affordable rental units are in Gaylord?

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

Federal Program Unit Count
Low Income Housing Tax Credit 16
Section 8 Project-Based Rental Assistance 31
USDA Section 515 Rural Rental Housing 16
Tracked Units by Federal Program in Gaylord, Minnesota

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

Income Based Apartments in Gaylord, Minnesota

Gaylord features 47 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 Gaylord, Minnesota

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Gaylord.

Housing Choice Vouchers in Gaylord, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gaylord, Minnesota for a two-bedroom apartment is between $879 and $1,075.

Sourced from federal housing data and AffordableHousingOnline.com research.