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Affordable Housing In Little Falls
Morrison County, Minnesota

9 Low Income Apartment Communities In Little Falls

Highland Court Townhomes

1104 5th Ave SE
Little Falls, Minnesota
$670-760
2-3 BR

River Rock Townhomes

1516 5th Ave SE
Little Falls, Minnesota
Call For Rent
2-3 BR

Falls Manor

1034 4th Ave NE
Little Falls, Minnesota
Income Based
2-3 BR
Subsidized

Riverwood Pines

18801 Riverwood Drive
Little Falls, Minnesota
Income Based
1-2 BR
Subsidized

Buckman Senior Apartments

209 1st Street SE
Little Falls, Minnesota
Income Based
1 BR
Subsidized

Alverna Senior Apartments

300 8th Avenue SE
Little Falls, Minnesota
Income Based
1-2 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Falls Meadowridge Townhouses

775 Buck Ln
Little Falls, Minnesota
Subsidized

Willow Apartments

301 11th St NE
Little Falls, Minnesota
Subsidized

Little Falls Key Row

905 6th Ave NE
Little Falls, Minnesota
Subsidized
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Housing Authorities that serve Little Falls

Housing Authority Programs
Housing and Redevelopment Authority of Little Falls Minnesota Public Housing
Morrison County HRA Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Little Falls, Minnesota

There are 9 low income housing apartment communities offering 382 affordable apartments for rent in Little Falls, Minnesota.

Income Based Apartments in Little Falls, Minnesota

Little Falls features 334 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 Little Falls, Minnesota

There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Little Falls.

Housing Choice Vouchers in Little Falls, Minnesota

On average, Section 8 Housing Choice vouchers pay Little Falls landlords $300 per month towards rent. The average voucher holder contributes $300 towards rent in Little Falls.

The maximum amount a voucher would pay on behalf of a low-income tenant in Little Falls, Minnesota for a two-bedroom apartment is between $643 and $785.

2020 Little Falls, Minnesota Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $471 $542 $714 $984 $1,037
Payment Standard Range $424 to $518 $488 to $596 $643 to $785 $886 to $1,082 $933 to $1,141

Sourced from federal housing data and AffordableHousingOnline.com research.

Little Falls, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 382
Total Housing Units with Rental Assistance 334
Percentage of Housing Units Occupied By Renters 35.65%
Average Renter Household Size 1.91
Average Household Size 2.14
Median Household Income $40,920 ±$3,094
Median Rent $659 ±$74
Percentage Of Renters Overburdened 48.09% ± 9.79pp
Total Population 8,721

Population and Household Demographics

Little Falls is a city in Morrison County, Minnesota with a population of 8,721. There are 3,902 households in the city with an average household size of 2.14 persons. 35.65% of households in Little Falls are renters.

Income and Rent Overburden in Little Falls

The median gross income for households in Little Falls is $40,920 a year, or $3,410 a month. The median rent for the city is $659 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Little Falls, a household making less than $2,197 a month would be considered overburdened when renting an apartment at or above the median rent. 48.09% of households who rent are overburdened in Little Falls.

Area Median Income In Little Falls

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Little Falls, the AMI is calculated from all households within Morrison County.

In Little Falls, HUD calculates the Area Median Income for a family of four as $70,400

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 Little Falls

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 HUD Rental Assistance in Little Falls

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,450 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,450 $29,050 $32,700 $36,300 $39,250 $42,150 $45,050 $47,950
80% of Median $40,700 $46,500 $52,300 $58,100 $62,750 $67,400 $72,050 $76,700