Low Income Apartments and Affordable Housing For Rent in Inver Grove Heights, MN

Discover affordable housing in Inver Grove Heights where there are 8+ 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.

Lafayette Family Townhomes

4889 Bongard Way, Inver Grove Heights, Minnesota 55076

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Inver Hills Townhomes

8213 College Trl, Inver Grove Heights, Minnesota 55123

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Prairie Estates

6121 Carmen Ave, Inver Grove Heights, Minnesota 55076

bed 2-4
payment Subsidized
accessibility Accessible

Prairie View Heights

8121 College Trl, Inver Grove Heights, Minnesota 55076

bed 1
payment Subsidized
elderly Senior
accessibility Accessible

The Commons

8213 College Trl, Inver Grove Heights, Minnesota 55076

bed 1
payment $1150/mo.

PEARLWOOD ESTATES

1860 52nd St E, Inver Grove Heights, Minnesota 55077

bed 1-2
payment $1090-1330/mo.

Blackberry Pointe Apartments

5470 Blackberry Trl, Inver Grove Heights, Minnesota 55076

switch_access_shortcut Short Wait
accessibility Accessible

Spruce Pointe

7835 Chandler Ln, Inver Grove Heights, Minnesota 55076

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Inver Grove Heights, 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.
calendar_today Opened: Jan 26
Open Until Further Notice
devices
calendar_month

Reported On August 20th, 2024 by David Layfield

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

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

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

How many renters live in Inver Grove Heights, Minnesota?

The City of Inver Grove Heights has people living in households.

There are renters living in renter households in this City. Renters make up 22.84 percent of the population living in Inver Grove Heights.

What is the rental market like in Inver Grove Heights, Minnesota?

There are an estimated housing units in the Inver Grove Heights area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Inver Grove Heights, Minnesota, there are 1.04 rental units.

What is the vacancy rate for rentals in Inver Grove Heights?

The rental vacancy rate in Inver Grove Heights is 2 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 Inver Grove Heights for each bedroom size?

Occupied Rental Units by Size in Inver Grove Heights
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
153 946 2,028 540 176
Occupied Rental Units by Size in Inver Grove Heights

A large number of apartments in Inver Grove Heights 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 Inver Grove Heights

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 Inver Grove Heights, Minnesota

How many units are rented at Fair Market Rent (FMR) in Inver Grove Heights?

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 86 56 percent
One BR 640 68 percent
Two BR 1,102 54 percent
Rental Units Below FMR in Inver Grove Heights, Minnesota

How many affordable rental units are in Inver Grove Heights?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Inver Grove Heights, Minnesota

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

Income Based Apartments in Inver Grove Heights, Minnesota

Inver Grove Heights features 80 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 Inver Grove Heights, Minnesota

There are 326 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Inver Grove Heights.

Housing Choice Vouchers in Inver Grove Heights, Minnesota

On average, Section 8 Housing Choice vouchers pay Inver Grove Heights landlords $600 per month towards rent. The average voucher holder contributes $500 towards rent in Inver Grove Heights.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

Email Signup
Don't Miss A Waiting List Opening