Affordable Housing In Goodhue County
Minnesota

25 Low Income Apartment Communities In Goodhue County

Malmquist Estates

2622 Malmquist Ave
Red Wing, MN
$796-895
1-3 BR
Subsidized

Stonehouse Apartments

115 W Minnesota St
Cannon Falls, MN
$650-820
1-2 BR
HCV Welcome

Rivers Edge Apartments

900 W Park St
Cannon Falls, MN
$520-560
1-2 BR
HCV Welcome

Fox Meadows

600 N Main Street
Pine Island, MN
Income Based
1-2 BR
Subsidized

Pheasant Run Townhomes

259 Frenn Ave
Red Wing, MN
$940
3 BR
HCV Welcome

Woodknoll Apartments

100 S 9th St
Cannon Falls, MN
$525-734
1-2 BR

Eagle Ridge Apartments

582 Tyler Rd S
Red Wing, MN
$715-830
2-3 BR
HCV Welcome

Bridge Run Townhomes

100 E State St
Cannon Falls, MN
$840
3 BR
HCV Welcome

Trailside Acres

211 Sargent Dr
Red Wing, MN
$605-990
1-3 BR
HCV Welcome

Park Street Apartments

321 Park St W
Cannon Falls, MN
Income Based
1-2 BR
Subsidized

Housing Authorities that serve Goodhue County

Housing Authority Programs
Southeastern Minnesota Multi-County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Goodhue County

Housing Authority Programs
Red Wing Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Goodhue County, Minnesota

There are 25 low income housing apartment communities offering 984 affordable apartments for rent in Goodhue County, Minnesota. Goodhue County features 695 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 289 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Goodhue County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Goodhue County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 25
Total Low Income Apartments 984
Total Housing Units with Rental Assistance 695
Percentage of Housing Units Occupied By Renters 24.2%
Average Renter Household Size 2.01
Average Household Size 2.42
Median Household Income $57,062 ±$2,249
Median Rent $705 ±$43
Percentage Of Renters Overburdened 42.8% ± 4.8pp
Total Population 46,377

Population and Household Demographics

Goodhue County is a County in Minnesota with a population of 46,377. There are 18,793 households in the county with an average household size of 2.42 persons. 24.2% of households in Goodhue County are renters.

Income and Rent Overburden in Goodhue County

The median gross income for households in Goodhue County is $57,062 a year, or $4,755 a month. The median rent for the county is $705 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Goodhue County, a household making less than $2,350 a month would be considered overburdened when renting an apartment at or above the median rent. 42.8% of households who rent are overburdened in Goodhue County.1

Area Median Income In Goodhue 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 Goodhue County, HUD calculates the Area Median Income for a family of four as $82,100

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 Goodhue 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 Goodhue County HUD Rental Assistance in Goodhue County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $17,300 $19,750 $22,200 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $28,750 $32,850 $36,950 $41,050 $44,350 $47,650 $50,950 $54,200
80% of Median $46,000 $52,600 $59,150 $65,700 $71,000 $76,250 $81,500 $86,750
Low Income Housing Tax Credits in Goodhue County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1988 to 2005, 10 low income apartment communities containing 428 rental apartments have been constructed and made affordable to low income persons in Goodhue County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Goodhue County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,750 $32,850 $36,950 $41,050 $44,350 $47,650 $50,950 $54,200
60% of Median $34,500 $39,420 $44,340 $49,260 $53,220 $57,180 $61,140 $65,040

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Goodhue County is $44,340 a year, or $3,695 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,695 by 30% to get a maximum rent of $1,109 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $719 $770 $924 $1,068 $1,191 $1,314
60% $863 $924 $1,109 $1,281 $1,430 $1,577
Fair Market Rents in Goodhue County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$592 $596 $783 $1,044 $1,181

Cities In Goodhue County

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

City Listings Served By
Red Wing 9 The HUD funded Public Housing Agency that serves Red Wing is the Red Wing Housing and Redevelopment Authority.
Cannon Falls 8 The HUD funded Public Housing Agency that serves Cannon Falls is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Goodhue 0 The HUD funded Public Housing Agency that serves Goodhue is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Wanamingo 1 The HUD funded Public Housing Agency that serves Wanamingo is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Kenyon 0 The HUD funded Public Housing Agency that serves Kenyon is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Lake City 3 The HUD funded Public Housing Agency that serves Lake City is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Pine Island 2 The HUD funded Public Housing Agency that serves Pine Island is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Zumbrota 2 The HUD funded Public Housing Agency that serves Zumbrota is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Bellechester 0 The HUD funded Public Housing Agency that serves Bellechester is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Belle Creek 0 The HUD funded Public Housing Agency that serves Belle Creek is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Belvidere 0 The HUD funded Public Housing Agency that serves Belvidere is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Cannon Fallsship 0 The HUD funded Public Housing Agency that serves Cannon Fallsship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Cherry Grove 0 The HUD funded Public Housing Agency that serves Cherry Grove is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Dennison 0 The HUD funded Public Housing Agency that serves Dennison is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Featherstone 0 The HUD funded Public Housing Agency that serves Featherstone is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Florence 0 The HUD funded Public Housing Agency that serves Florence is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Frontenac 0 The HUD funded Public Housing Agency that serves Frontenac is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Goodhueship 0 The HUD funded Public Housing Agency that serves Goodhueship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Hay Creek 0 The HUD funded Public Housing Agency that serves Hay Creek is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Holden 0 The HUD funded Public Housing Agency that serves Holden is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Kenyonship 0 The HUD funded Public Housing Agency that serves Kenyonship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Leon 0 The HUD funded Public Housing Agency that serves Leon is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Minneola 0 The HUD funded Public Housing Agency that serves Minneola is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Pine Islandship 0 The HUD funded Public Housing Agency that serves Pine Islandship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Roscoe 0 The HUD funded Public Housing Agency that serves Roscoe is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Stanton 0 The HUD funded Public Housing Agency that serves Stanton is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Vasa 0 The HUD funded Public Housing Agency that serves Vasa is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Wacouta 0 The HUD funded Public Housing Agency that serves Wacouta is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Wanamingoship 0 The HUD funded Public Housing Agency that serves Wanamingoship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Warsaw 0 The HUD funded Public Housing Agency that serves Warsaw is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Welch 0 The HUD funded Public Housing Agency that serves Welch is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Zumbrotaship 0 The HUD funded Public Housing Agency that serves Zumbrotaship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.