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

Discover affordable housing in Gilbert where there are 1+ 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.

Broadview Manor

120 W Ohio Ave, Gilbert, Minnesota 55741

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Gilbert, Minnesota
$21.08/hour
$12.23 (+138%) more than Minnesota minimum wage and $13.83 (+191%) more than the Federal minimum wage.
Learn More About Gilbert, Minnesota Affordable Housing ↓

What HUD offices serve Gilbert, 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 Public Housing programs for Gilbert, Minnesota.

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

How many renters live in Gilbert, Minnesota?

The City of Gilbert has 1,821 people living in 794 households.

There are 260 renters living in 137 renter households in this City. Renters make up 14.28 percent of the population living in Gilbert.

What is the rental market like in Gilbert, Minnesota?

There are an estimated 877 housing units in the Gilbert area. Of these, 141 units are rental homes, making up 16 percent of the housing market. For every renter household in Gilbert, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Gilbert?

The rental vacancy rate in Gilbert is 3 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 Gilbert for each bedroom size?

Occupied Rental Units by Size in Gilbert
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 72 13 36 16
Occupied Rental Units by Size in Gilbert

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

Among renter households in this market, 57 percent have housing cost burden. Further, 2 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 Gilbert

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $762 to $1,889. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $762
One BR $868
Two BR $1,113
Three BR $1,485
Four BR $1,889
2024 Fair Market Rents in Gilbert, Minnesota

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

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
One BR 69 96 percent
Two BR 13 100 percent
Rental Units Below FMR in Gilbert, Minnesota

How many affordable rental units are in Gilbert?

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

Federal Program Unit Count
Public Housing 49
Tracked Units by Federal Program in Gilbert, Minnesota

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

Income Based Apartments in Gilbert, Minnesota

Gilbert features 49 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 Gilbert, Minnesota

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

Housing Choice Vouchers in Gilbert, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Gilbert, Minnesota for a two-bedroom apartment is between $1,002 and $1,224.

Sourced from federal housing data and AffordableHousingOnline.com research.