Affordable Housing In Hubbard County
Minnesota

9 Low Income Apartment Communities In Hubbard County

Parkview Apartments I & II

514 Heartland St
Park Rapids, MN
Income Based
1-3 BR

Woodland Court Apartments

300 Court St
Park Rapids, MN
Subsidized

Park Villa

619 6th St W
Park Rapids, MN
62+
Accessible
Elderly Supportive Housing
Subsidized

Itasca Apartments

509 8th St W
Park Rapids, MN
Subsidized

Parkview

510 5th St W
Park Rapids, MN
HCV Welcome

River Heights

500 Riverside Ave
Park Rapids, MN

Regency

518 Gilbert Ave S
Park Rapids, MN
HCV Welcome

Park Rapids Townhomes

704 Eastern Ave S
Park Rapids, MN
HCV Welcome

Parkview I and Apartments II

510 Heartland St
Park Rapids, MN
HCV Welcome
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Other Housing Authorities located in Hubbard County

Housing Authority Programs
Housing and Redevelopment Authority of Park Rapids Public Housing

Guide To Affordable Housing in Hubbard County, Minnesota

According to federal housing data and AffordableHousingOnline.com research, there are 9 low income housing apartment communities offering 317 affordable apartments for rent in Hubbard County, Minnesota. Hubbard County features 210 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 107 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Hubbard County.

Hubbard County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 317
Total Housing Units with Rental Assistance 210
Percentage of Housing Units Occupied By Renters 18.64%
Average Renter Household Size 2.10
Average Household Size 2.32
Median Household Income $47,486 ±$1,961
Median Rent $673 ±$79
Percentage Of Renters Overburdened 37.12% ± 6.3pp
Total Population 20,574

Population and Household Demographics

Hubbard County is a County in Minnesota with a population of 20,574. There are 8,787 households in the county with an average household size of 2.32 persons. 18.64% of households in Hubbard County are renters.

Income and Rent Overburden in Hubbard County

The median gross income for households in Hubbard County is $47,486 a year, or $3,957 a month. The median rent for the county is $673 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Hubbard County, a household making less than $2,243 a month would be considered overburdened when renting an apartment at or above the median rent. 37.12% of households who rent are overburdened in Hubbard County.1

Area Median Income In Hubbard 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 Hubbard County, HUD calculates the Area Median Income for a family of four as $65,500

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 Hubbard 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 Hubbard County HUD Rental Assistance in Hubbard County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,200 $17,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% of Median $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450
Low Income Housing Tax Credits in Hubbard County

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

From 1990 to 1998, 4 low income apartment communities containing 107 rental apartments have been constructed and made affordable to low income persons in Hubbard 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 Hubbard County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
60% of Median $30,420 $34,800 $39,120 $43,440 $46,920 $50,400 $53,880 $57,360

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 Hubbard County is $39,120 a year, or $3,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,260 by 30% to get a maximum rent of $978 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% $634 $679 $815 $941 $1,050 $1,159
60% $761 $815 $978 $1,130 $1,260 $1,391
Fair Market Rents in Hubbard 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
$544 $547 $721 $1,010 $1,052

Cities In Hubbard County

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

City Listings Served By
Park Rapids 9 The HUD funded Public Housing Agency that serves Park Rapids is the Housing and Redevelopment Authority of Park Rapids.
Akeley 0
Akeleyship 0
Arago 0
Badoura 0
Clay 0
Clover 0
Crow Wing Lake 0
Farden 0
Fern 0
Guthrie 0
Hart Lake 0
Helga 0
Hendrickson 0
Henrietta 0
Hubbard 0
Lake Alice 0
Lake Emma 0
Lake George 0
Lake Georgeship 0
Lake Hattie 0
Lakeport 0
Laporte 0
Mantrap 0
Nevis 0
Nevisship 0
Rockwood 0
Schoolcraft 0
Steamboat River 0
Straight River 0
Thorpe 0
Todd 0
White Oak 0