What HUD offices serve Maple Grove, 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 Maple Grove.
How many renters live in Maple Grove, Minnesota?
The City of Maple Grove has people living in households.
There are renters living in renter households in this City. Renters make up 19.87 percent of the population living in Maple Grove.
What is the rental market like in Maple Grove, Minnesota?
There are an estimated housing units in the Maple Grove area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Maple Grove, Minnesota, there are 0.81 rental units.
What is the vacancy rate for rentals in Maple Grove?
The rental vacancy rate in Maple Grove is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in Maple Grove for each bedroom size?
Occupied Rental Units by Size in Maple Grove
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 112 1,015 2,011 978 258 Occupied Rental Units by Size in Maple Grove
A large number of apartments in Maple Grove 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 Maple Grove
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size 2024 Fair Market Rents Studio $1,174 One BR $1,327 Two BR $1,622 Three BR $2,188 Four BR $2,478 2024 Fair Market Rents in Maple Grove, Minnesota
How many units are rented at Fair Market Rent (FMR) in Maple Grove?
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 Studio 18 16 percent One BR 378 37 percent Two BR 447 22 percent Rental Units Below FMR in Maple Grove, Minnesota
How many affordable rental units are in Maple Grove?
There are a variety of federal affordable housing programs serving households in
Maple Grove, Minnesota including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Tracked Units by Federal Program in Maple Grove, Minnesota
Income Based Apartments in Maple Grove, Minnesota
Maple Grove features 50 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 Maple Grove, Minnesota
There are 113 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maple Grove.
Housing Choice Vouchers in Maple Grove, Minnesota
On average, Section 8 Housing Choice vouchers pay Maple Grove landlords $900 per month towards rent. The average voucher holder contributes $500 towards rent in Maple Grove.
The maximum amount a voucher would pay on behalf of a low-income tenant in Maple Grove, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.
Sourced from federal housing data and AffordableHousingOnline.com research.