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

Discover affordable housing in Hopkins where there are 11+ 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.

Trailside Apartments

335 17TH Ave N, Hopkins, Minnesota 55343

bed 1-3
payment $800-1000/mo.

Oxford Village

439 N. Blake Rd., Hopkins, Minnesota 55343

bed Studio-3
switch_access_shortcut Short Wait
accessibility Accessible

Sonoma Apartments

44 5th Ave S, Hopkins, Minnesota 55343

bed 1-2
payment Subsidized
accessibility Accessible
accessible_forward Disability

Fraser Hopkins Court

41 8th Ave N, Hopkins, Minnesota 55343

switch_access_shortcut Short Wait
accessibility Accessible

1210-1220 Cambridge St. (Hopkins)

1210-1220 Cambridge St, Hopkins, Minnesota 55343

bed 1-2
payment $999-1325/mo.

Knollwood Towers East Apartments

320 Blake Rd N, Hopkins, Minnesota 55343

bed Studio-1
payment $983-1075/mo.

Knollwood Towers West Apartments

1010 Lake St NE, Hopkins, Minnesota 55343

bed Studio-2
payment $979-1349/mo.

Creek Point Apartments

1045 Hiawatha Ave, Hopkins, Minnesota 55343

bed 1
payment $1273/mo.

Raspberry Ridge

27 14th Ave N, Hopkins, Minnesota 55343

bed 1-2
payment Subsidized

Hopkins Village Apartments

9 7th Ave S, Hopkins, Minnesota 55343

bed 1-2
payment $801-1257/mo.
payment Subsidized
accessibility Accessible

Dow Towers

22 5th Ave S, Hopkins, Minnesota 55343

bed 1
payment Subsidized

How To Identify Affordable Housing in Hopkins, Minnesota

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Hopkins, Minnesota
$30.72/hour
$21.87 (+247%) more than Minnesota minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Hopkins, Minnesota Affordable Housing ↓

What HUD offices serve Hopkins, 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 Hopkins, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Hopkins, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV) programs for Hopkins, Minnesota.

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

How many renters live in Hopkins, Minnesota?

The City of Hopkins has people living in households.

There are renters living in renter households in this City. Renters make up 61.37 percent of the population living in Hopkins.

What is the rental market like in Hopkins, Minnesota?

There are an estimated housing units in the Hopkins area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Hopkins, Minnesota, there are 1.05 rental units.

What is the vacancy rate for rentals in Hopkins?

The rental vacancy rate in Hopkins 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 Hopkins for each bedroom size?

Occupied Rental Units by Size in Hopkins
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
661 2,395 2,404 443 116
Occupied Rental Units by Size in Hopkins

A large number of apartments in Hopkins have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Hopkins

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Hopkins, Minnesota

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

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 352 53 percent
One BR 1,550 65 percent
Two BR 1,405 58 percent
Rental Units Below FMR in Hopkins, Minnesota

How many affordable rental units are in Hopkins?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Hopkins, Minnesota

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

Income Based Apartments in Hopkins, Minnesota

Hopkins features 377 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 Hopkins, Minnesota

There are 51 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hopkins.

Housing Choice Vouchers in Hopkins, Minnesota

On average, Section 8 Housing Choice vouchers pay Hopkins landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Hopkins.

The maximum amount a voucher would pay on behalf of a low-income tenant in Hopkins, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.

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