Affordable Housing In Koochiching County
10 Low Income Apartment Communities In Koochiching County
Housing Authorities that serve Koochiching County
|Koochiching County HRA||Section 8 Housing Choice Voucher (HCV)|
Other Housing Authorities located in Koochiching County
|Housing and Redevelopment Authority of International Falls||Public Housing|
Guide To Affordable Housing in Koochiching County, Minnesota
There are 10 low income housing apartment communities offering 376 affordable apartments for rent in Koochiching County, Minnesota. Koochiching County features 328 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 48 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Koochiching County.
Sourced from federal housing data and AffordableHousingOnline.com research.
Koochiching County, MN Affordable Housing Snapshot
|Total Affordable Apartment Properties||10|
|Total Low Income Apartments||376|
|Total Housing Units with Rental Assistance||328|
|Percentage of Housing Units Occupied By Renters||21.77%|
|Average Renter Household Size||1.83|
|Average Household Size||2.18|
|Median Household Income||$42,919 ±$2,720|
|Median Rent||$559 ±$42|
|Percentage Of Renters Overburdened||50.86% ± 9.54pp|
Population and Household Demographics
Koochiching County is a County in Minnesota with a population of 13,054. There are 5,844 households in the county with an average household size of 2.18 persons. 21.77% of households in Koochiching County are renters.
Income and Rent Overburden in Koochiching County
The median gross income for households in Koochiching County is $42,919 a year, or $3,577 a month. The median rent for the county is $559 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Koochiching County, a household making less than $1,863 a month would be considered overburdened when renting an apartment at or above the median rent. 50.86% of households who rent are overburdened in Koochiching County.1
Area Median Income In Koochiching 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 Koochiching County, HUD calculates the Area Median Income for a family of four as $66,900
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 Koochiching 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 Koochiching County HUD Rental Assistance in Koochiching 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|
Fair Market Rents in Koochiching 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|
Cities In Koochiching County
Select A City to View its Apartment Communities and Waiting Lists.
|Littlefork||1||The HUD funded Public Housing Agency that serves Littlefork is the Koochiching County HRA.|
|International Falls||6||The HUD funded Public Housing Agencies that serve International Falls are the Housing and Redevelopment Authority of International Falls and Koochiching County HRA.|
|Big Falls||1||The HUD funded Public Housing Agency that serves Big Falls is the Koochiching County HRA.|
|Nett Lake||1||The HUD funded Public Housing Agency that serves Nett Lake is the Koochiching County HRA.|
|International F||0||The HUD funded Public Housing Agency that serves International F is the Koochiching County HRA.|
|East Koochiching UT||0|
|Nett Lake UT||0|
|Northwest Koochiching UT||0|
|Rainy Lake UT||0|
|South Koochiching UT||0|