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

Discover affordable housing in Hibbing where there are 10+ 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.

Birch Court Apartments

600 E 40th St, Hibbing, Minnesota 55746

Southview Terrace Apartments

100 Southview Drive, Hibbing, Minnesota 55746

Westgate Apartments

4020 9th Ave W, Hibbing, Minnesota 55746

Winston Court Aka Asi North

710 E 31st St, Hibbing, Minnesota 55746

Lee Center

3220 8th Ave E, Hibbing, Minnesota 55746

Androy Apartments

502 East Howard Street, Hibbing, Minnesota 55746

Perpich Apartments

3110 4th Ave W, Hibbing, Minnesota 55746

Haven Court

3212 6th Ave E, Hibbing, Minnesota 55746

First Avenue Apartments

2315 1st Ave, Hibbing, Minnesota 55746

7th Ave and Park Terrance Apartments

3230 7th Ave E, Hibbing, Minnesota 55746

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hibbing, 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 Hibbing, Minnesota Affordable Housing ↓

What HUD offices serve Hibbing, 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, Moving to Work programs for Hibbing, Minnesota.

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

How many renters live in Hibbing, Minnesota?

The City of Hibbing has 16,167 people living in 7,458 households.

There are 4,193 renters living in 1,963 renter households in this City. Renters make up 25.94 percent of the population living in Hibbing.

What is the rental market like in Hibbing, Minnesota?

There are an estimated 8,373 housing units in the Hibbing area. Of these, 2,228 units are rental homes, making up 27 percent of the housing market. For every renter household in Hibbing, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Hibbing?

The rental vacancy rate in Hibbing is 11 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 Hibbing for each bedroom size?

Occupied Rental Units by Size in Hibbing
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
195 649 589 448 36
Occupied Rental Units by Size in Hibbing

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

Among renter households in this market, 47 percent have housing cost burden. Further, 23 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 Hibbing

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 Hibbing, Minnesota

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

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 195 100 percent
One BR 569 88 percent
Two BR 380 65 percent
Rental Units Below FMR in Hibbing, Minnesota

How many affordable rental units are in Hibbing?

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

Federal Program Unit Count
Low Income Housing Tax Credit 299
Public Housing 251
Section 8 Project-Based Rental Assistance 381
Tracked Units by Federal Program in Hibbing, Minnesota

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

Income Based Apartments in Hibbing, Minnesota

Hibbing features 640 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 Hibbing, Minnesota

There are 75 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hibbing.

Housing Choice Vouchers in Hibbing, Minnesota

On average, Section 8 Housing Choice vouchers pay Hibbing landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Hibbing.

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

Sourced from federal housing data and AffordableHousingOnline.com research.