Affordable Housing In Lake of the Woods County
Minnesota

3 Low Income Apartment Communities In Lake of the Woods County

Westside Manor Apartments

205 5th St SW
Baudette, MN
Income Based
1-2 BR
Subsidized

Northwood Commons

212 2nd Ave NW
Baudette, MN
Income Based
1 BR
Subsidized

Baudette

411 Hamilton Ave
Baudette, MN
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Housing Authorities that serve Lake of the Woods County

Housing Authority Programs
Northwest Minnesota Multi-County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Lake of the Woods County

Housing Authority Programs
Housing and Redevelopment Authority of Baudette Public Housing

Guide To Affordable Housing in Lake of the Woods County, Minnesota

According to federal housing data and AffordableHousingOnline.com research, there are 3 low income housing apartment communities offering 72 affordable apartments for rent in Lake of the Woods County, Minnesota. Lake of the Woods County features 72 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 0 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Lake of the Woods County.

Lake of the Woods County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 72
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 14.54%
Average Renter Household Size 2.09
Average Household Size 2.40
Median Household Income $42,263 ±$4,092
Median Rent $634 ±$76
Percentage Of Renters Overburdened 51.69% ± 17.37pp
Total Population 3,949

Population and Household Demographics

Lake of the Woods County is a County in Minnesota with a population of 3,949. There are 1,623 households in the county with an average household size of 2.40 persons. 14.54% of households in Lake of the Woods County are renters.

Income and Rent Overburden in Lake of the Woods County

The median gross income for households in Lake of the Woods County is $42,263 a year, or $3,522 a month. The median rent for the county is $634 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lake of the Woods County, a household making less than $2,113 a month would be considered overburdened when renting an apartment at or above the median rent. 51.69% of households who rent are overburdened in Lake of the Woods County.1

Area Median Income In Lake of the Woods 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 Lake of the Woods County, HUD calculates the Area Median Income for a family of four as $67,100

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 Lake of the Woods 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 Lake of the Woods County HUD Rental Assistance in Lake of the Woods 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 Lake of the Woods 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 1990, 1 low income apartment communities containing 19 rental apartments have been constructed and made affordable to low income persons in Lake of the Woods 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 Lake of the Woods 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 Lake of the Woods 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 Lake of the Woods 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
$513 $591 $778 $970 $1,096

Cities In Lake of the Woods County

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

City Listings Served By
Baudette 3 The HUD funded Public Housing Agencies that serve Baudette are the Housing and Redevelopment Authority of Baudette and Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Angle 0 The HUD funded Public Housing Agency that serves Angle is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Angle Inlet 0 The HUD funded Public Housing Agency that serves Angle Inlet is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Baudetteship 0 The HUD funded Public Housing Agency that serves Baudetteship is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Boone 0 The HUD funded Public Housing Agency that serves Boone is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Chilgren 0 The HUD funded Public Housing Agency that serves Chilgren is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Forest Area 0 The HUD funded Public Housing Agency that serves Forest Area is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Gudrid 0 The HUD funded Public Housing Agency that serves Gudrid is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Kiel 0 The HUD funded Public Housing Agency that serves Kiel is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Lakewood 0 The HUD funded Public Housing Agency that serves Lakewood is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
McDougald 0 The HUD funded Public Housing Agency that serves McDougald is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Myhre 0 The HUD funded Public Housing Agency that serves Myhre is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Potamo 0 The HUD funded Public Housing Agency that serves Potamo is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Prosper 0 The HUD funded Public Housing Agency that serves Prosper is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Rapid River 0 The HUD funded Public Housing Agency that serves Rapid River is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Roosevelt 0 The HUD funded Public Housing Agency that serves Roosevelt is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Rulien 0 The HUD funded Public Housing Agency that serves Rulien is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Spooner 0 The HUD funded Public Housing Agency that serves Spooner is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Swiftwater 0 The HUD funded Public Housing Agency that serves Swiftwater is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Township 157 30 0 The HUD funded Public Housing Agency that serves Township 157 30 is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Township 158 30 0 The HUD funded Public Housing Agency that serves Township 158 30 is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Victory 0 The HUD funded Public Housing Agency that serves Victory is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Wabanica 0 The HUD funded Public Housing Agency that serves Wabanica is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Walhalla 0 The HUD funded Public Housing Agency that serves Walhalla is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Wheeler 0 The HUD funded Public Housing Agency that serves Wheeler is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Williams 0 The HUD funded Public Housing Agency that serves Williams is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Zippel 0 The HUD funded Public Housing Agency that serves Zippel is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Township 157-30 0 The HUD funded Public Housing Agency that serves Township 157-30 is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .
Township 158-30 0 The HUD funded Public Housing Agency that serves Township 158-30 is the Northwest Minnesota Multi-County Housing and Redevelopment Authority .