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Affordable Housing In Mabel
Fillmore County, Minnesota

1 Low Income Apartment Communities In Mabel

Cherrywood Estates

W Prairie Ave
Mabel, Minnesota
Subsidized
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Housing Authorities that serve Mabel

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

Guide To Affordable Housing in Mabel, Minnesota

There are 1 low income housing apartment communities offering 16 affordable apartments for rent in Mabel, Minnesota.

Income Based Apartments in Mabel, Minnesota

Mabel features 16 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 Mabel, Minnesota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mabel.

Housing Choice Vouchers in Mabel, Minnesota

On average, Section 8 Housing Choice vouchers pay Mabel landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Mabel.

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

2020 Mabel, 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 $469 $542 $714 $989 $1,004
Payment Standard Range $422 to $516 $488 to $596 $643 to $785 $890 to $1,088 $904 to $1,104

Sourced from federal housing data and AffordableHousingOnline.com research.

Mabel, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 16
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 21.5%
Average Renter Household Size 1.77
Average Household Size 2.16
Median Household Income $41,250 ±$3,084
Median Rent $633 ±$173
Percentage Of Renters Overburdened 55.07% ± 23.69pp
Total Population 741

Population and Household Demographics

Mabel is a city in Fillmore County, Minnesota with a population of 741. There are 321 households in the city with an average household size of 2.16 persons. 21.5% of households in Mabel are renters.

Income and Rent Overburden in Mabel

The median gross income for households in Mabel is $41,250 a year, or $3,438 a month. The median rent for the city is $633 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mabel, a household making less than $2,110 a month would be considered overburdened when renting an apartment at or above the median rent. 55.07% of households who rent are overburdened in Mabel.

Area Median Income In Mabel

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 Mabel, the AMI is calculated from all households within Fillmore County.

In Mabel, HUD calculates the Area Median Income for a family of four as $75,900

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 Mabel

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 Mabel

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,950 $18,200 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,600 $30,400 $34,200 $37,950 $41,000 $44,050 $47,100 $50,100
80% of Median $42,500 $48,600 $54,650 $60,700 $65,600 $70,450 $75,300 $80,150