What HUD offices serve La Crescent, 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.
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near La Crescent.
How many renters live in La Crescent, Minnesota?
The City of La Crescent has people living in households.
There are renters living in renter households in this City. Renters make up 9.87 percent of the population living in La Crescent.
What is the rental market like in La Crescent, Minnesota?
There are an estimated housing units in the La Crescent area. Of these, units are rental homes, making up percent of the housing market. For every renter household in La Crescent, Minnesota, there are 1.14 rental units.
What is the vacancy rate for rentals in La Crescent?
The rental vacancy rate in La Crescent is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in La Crescent for each bedroom size?
Occupied Rental Units by Size in La Crescent
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 104 | 187 | 16 | 19 |
Occupied Rental Units by Size in La Crescent
A large number of apartments in La Crescent 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 La Crescent
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $760 to $1,904. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $760 |
| One BR | $866 |
| Two BR | $1,122 |
| Three BR | $1,515 |
| Four BR | $1,904 |
2024 Fair Market Rents in La Crescent, Minnesota
How many units are rented at Fair Market Rent (FMR) in La Crescent?
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 |
| One BR | 32 | 31 percent |
| Two BR | 115 | 61 percent |
Rental Units Below FMR in La Crescent, Minnesota
How many affordable rental units are in La Crescent?
There are a variety of federal affordable housing programs serving households in La Crescent, Minnesota including the following:
| Federal Program | Unit Count |
| Section 8 Project-Based Rental Assistance |
Tracked Units by Federal Program in La Crescent, Minnesota
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in La Crescent, Minnesota
La Crescent features 34 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 La Crescent, Minnesota
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in La Crescent.
Housing Choice Vouchers in La Crescent, Minnesota
On average, Section 8 Housing Choice vouchers pay La Crescent landlords $400 per month towards rent. The average voucher holder contributes $500 towards rent in La Crescent.
The maximum amount a voucher would pay on behalf of a low-income tenant in La Crescent, Minnesota for a two-bedroom apartment is between $1,010 and $1,234.
Sourced from federal housing data and AffordableHousingOnline.com research.