Affordable Housing In Hyde Park
Wabasha County, Minnesota

Affordable Housing programs support 0 income based apartments in Hyde Park where households pay rent based on how much they earn.

There are 0 affordable apartments in Hyde Park that offer reduced rents to low-income households.

Waiting Lists in Hyde Park, Minnesota

There are no open Section 8 Housing Choice Voucher waiting lists in Hyde Park. Go to the Minnesota Section 8 Waiting Lists page for openings near Hyde Park.

Affordable Housing Near Hyde Park

View affordable apartments and waiting lists in cities near Hyde Park

City Apartments
Affordable Housing In Mazeppa, MN Affordable Housing programs support 1 apartment communities in Mazeppa.
Affordable Housing In Plainview, MN Affordable Housing programs support 4 apartment communities in Plainview.
Affordable Housing In Wabasha, MN Affordable Housing programs support 1 apartment communities in Wabasha.

Public Housing Agencies Serving Hyde Park, 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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Southeastern Minnesota Multi-County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Hyde Park.

Hyde Park, Minnesota Affordable Housing Data

Income Based Apartments in Hyde Park, Minnesota

Hyde Park features 0 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 Hyde Park, Minnesota

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

Housing Choice Vouchers in Hyde Park, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Hyde Park, Minnesota for a two-bedroom apartment is between $743 and $909.

2023 Hyde Park, Minnesota Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Hyde Park, Minnesota Fair Market Rent $593 $727 $826 $1,174 $1,407
Hyde Park, Minnesota Payment Standard Range $534 to $652 $654 to $800 $743 to $909 $1,057 to $1,291 $1,266 to $1,548

Sourced from federal housing data and AffordableHousingOnline.com research.

Hyde Park, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Hyde Park is a city in Wabasha County, Minnesota with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Hyde Park are renters.

Income and Rent Overburden in Hyde Park

The median gross income for households in Hyde Park is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Hyde Park

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Hyde Park, the AMI is calculated from all households within Wabasha County.

In Hyde Park, HUD calculates the Area Median Income for a family of four as $89,400

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 Hyde Park

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 HUD Rental Assistance in Hyde Park

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Hyde Park AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,800 $21,450 $24,150 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Hyde Park AMI may qualify for rental assistance programs that target Very Low Income households.
$31,300 $35,800 $40,250 $44,700 $48,300 $51,900 $55,450 $59,050
80% AMI Income Limits
Renters earning up to 80% of the Hyde Park AMI may qualify for rental assistance programs that target Low Income households.
$50,050 $57,200 $64,350 $71,500 $77,250 $82,950 $88,700 $94,400