Affordable Housing In Le Sueur County
Minnesota

15 Low Income Apartment Communities In Le Sueur County

Ridgely Park Apartments

541 S Ridgely St
Kasota, MN
Income Based
1-3 BR
Subsidized

Walnut Cove Apartments

505 Washington St
Cleveland, MN
$673
1 BR
Subsidized

Westgate Townhomes

600 1st St NW
New Prague, MN
Income Based
2-3 BR
Subsidized

Parkside Apartments

310 6th Ave NW
New Prague, MN
$720-825
1-2 BR
HCV Welcome

Centennial Plaza

78 Lexington Ave
Le Center, MN
Call For Rent
1-2 BR
62+
Accessible
Subsidized

Northview Apartments

532 N Cordova Ave
Le Center, MN
$605-620
1-2 BR
Subsidized

Highland View Apartments

1200 Kingsway Dr
Le Sueur, MN
Subsidized

Millpond Apartments

210 1st Ave NW
New Prague, MN
Subsidized

Kingsway Estates Lesueur Apartments

1805 Todd Ct
Le Sueur, MN
Subsidized

West Court Apartments

214 Hoosac St W
Waterville, MN
Subsidized

Housing Authorities that serve Le Sueur County

Housing Authority Programs
Minnesota Valley Action Council Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Le Sueur County

Housing Authority Programs
Housing and Redevelopment Authority of Montgomery Public Housing
Le Sueur Housing and Redevelopment Authority Public Housing

Guide To Affordable Housing in Le Sueur County, Minnesota

According to federal housing data and AffordableHousingOnline.com research, there are 15 low income housing apartment communities offering 440 affordable apartments for rent in Le Sueur County, Minnesota. Le Sueur County features 380 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 60 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Le Sueur County.

Le Sueur County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 440
Total Housing Units with Rental Assistance 380
Percentage of Housing Units Occupied By Renters 18.51%
Average Renter Household Size 2.12
Average Household Size 2.52
Median Household Income $60,632 ±$1,413
Median Rent $694 ±$50
Percentage Of Renters Overburdened 38.83% ± 5.78pp
Total Population 27,707

Population and Household Demographics

Le Sueur County is a County in Minnesota with a population of 27,707. There are 10,839 households in the county with an average household size of 2.52 persons. 18.51% of households in Le Sueur County are renters.

Income and Rent Overburden in Le Sueur County

The median gross income for households in Le Sueur County is $60,632 a year, or $5,053 a month. The median rent for the county is $694 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Le Sueur County, a household making less than $2,313 a month would be considered overburdened when renting an apartment at or above the median rent. 38.83% of households who rent are overburdened in Le Sueur County.1

Area Median Income In Le Sueur 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 Le Sueur County, HUD calculates the Area Median Income for a family of four as $80,700

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 Le Sueur 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 Le Sueur County HUD Rental Assistance in Le Sueur County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,950 $19,400 $21,800 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $28,250 $32,300 $36,350 $40,350 $43,600 $46,850 $50,050 $53,300
80% of Median $45,200 $51,650 $58,100 $64,550 $69,750 $74,900 $80,050 $85,250
Low Income Housing Tax Credits in Le Sueur County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1987 to 1990, 3 low income apartment communities containing 67 rental apartments have been constructed and made affordable to low income persons in Le Sueur 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 Le Sueur County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $28,250 $32,300 $36,350 $40,350 $43,600 $46,850 $50,050 $53,300
60% of Median $33,900 $38,760 $43,620 $48,420 $52,320 $56,220 $60,060 $63,960

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 Le Sueur County is $43,620 a year, or $3,635 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,635 by 30% to get a maximum rent of $1,091 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% $706 $757 $909 $1,049 $1,171 $1,292
60% $848 $908 $1,091 $1,259 $1,406 $1,550
Fair Market Rents in Le Sueur 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
$649 $654 $861 $1,235 $1,334

Cities In Le Sueur County

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

City Listings Served By
Le Sueur 4 The HUD funded Public Housing Agencies that serve Le Sueur are the Minnesota Valley Action Council and Le Sueur Housing and Redevelopment Authority.
Kasota 1 The HUD funded Public Housing Agency that serves Kasota is the Minnesota Valley Action Council.
Montgomery 1 The HUD funded Public Housing Agencies that serve Montgomery are the Housing and Redevelopment Authority of Montgomery and Minnesota Valley Action Council.
New Prague 3 The HUD funded Public Housing Agency that serves New Prague is the Minnesota Valley Action Council.
Elysian 1 The HUD funded Public Housing Agency that serves Elysian is the Minnesota Valley Action Council.
Waterville 1 The HUD funded Public Housing Agency that serves Waterville is the Minnesota Valley Action Council.
Cleveland 1 The HUD funded Public Housing Agency that serves Cleveland is the Minnesota Valley Action Council.
Le Center 3 The HUD funded Public Housing Agency that serves Le Center is the Minnesota Valley Action Council.
Clevelandship 0 The HUD funded Public Housing Agency that serves Clevelandship is the Minnesota Valley Action Council.
Cordova 0 The HUD funded Public Housing Agency that serves Cordova is the Minnesota Valley Action Council.
Derrynane 0 The HUD funded Public Housing Agency that serves Derrynane is the Minnesota Valley Action Council.
Elysianship 0 The HUD funded Public Housing Agency that serves Elysianship is the Minnesota Valley Action Council.
Heidelberg 0 The HUD funded Public Housing Agency that serves Heidelberg is the Minnesota Valley Action Council.
Kasotaship 0 The HUD funded Public Housing Agency that serves Kasotaship is the Minnesota Valley Action Council.
Kilkenny 0 The HUD funded Public Housing Agency that serves Kilkenny is the Minnesota Valley Action Council.
Kilkennyship 0 The HUD funded Public Housing Agency that serves Kilkennyship is the Minnesota Valley Action Council.
Lanesburgh 0 The HUD funded Public Housing Agency that serves Lanesburgh is the Minnesota Valley Action Council.
Lexington 0 The HUD funded Public Housing Agency that serves Lexington is the Minnesota Valley Action Council.
Montgomeryship 0 The HUD funded Public Housing Agency that serves Montgomeryship is the Minnesota Valley Action Council.
Ottawa 0 The HUD funded Public Housing Agency that serves Ottawa is the Minnesota Valley Action Council.
Sharon 0 The HUD funded Public Housing Agency that serves Sharon is the Minnesota Valley Action Council.
Tyrone 0 The HUD funded Public Housing Agency that serves Tyrone is the Minnesota Valley Action Council.
Washington 0 The HUD funded Public Housing Agency that serves Washington is the Minnesota Valley Action Council.
Watervilleship 0 The HUD funded Public Housing Agency that serves Watervilleship is the Minnesota Valley Action Council.