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Affordable Housing In Marshall
Lyon County, Minnesota

10 Low Income Apartment Communities In Marshall

Paris Park Townhomes

100 Paris Rd
Marshall, Minnesota
$695-755
2-3 BR

092021ni - - Rc Square

1112 Birch St
Marshall, Minnesota
Subsidized

River Winds Aka Asi - Marshall

303 Jewett St
Marshall, Minnesota
Subsidized
Accessible
Accessible
Disabled Supportive Housing

West Mar Apartments

1002 Pearl Ave
Marshall, Minnesota
Subsidized

Marshall Square Apartments

400 Jewett St
Marshall, Minnesota
Subsidized

Halter Villa IIi

501 Jewett St
Marshall, Minnesota
Subsidized

Parkview Apartments

202 N 1st St
Marshall, Minnesota

Cityside Townhomes

1412 S 4th St
Marshall, Minnesota

Lyon County Retirement Home

200 S 4th St
Marshall, Minnesota
Subsidized
62+
Accessible
Elderly Supportive Housing

Halter Villa II

1404 Peterson St
Marshall, Minnesota
Subsidized
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Housing Authorities that serve Marshall

Housing Authority Programs
Public Housing Commission of the City of Marshall Public Housing
Worthington Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Marshall, Minnesota

There are 10 low income housing apartment communities offering 512 affordable apartments for rent in Marshall, Minnesota.

Income Based Apartments in Marshall, Minnesota

Marshall features 432 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 Marshall, Minnesota

There are 80 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marshall.

Housing Choice Vouchers in Marshall, Minnesota

On average, Section 8 Housing Choice vouchers pay Marshall landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Marshall.

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

2020 Marshall, 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 $975 $1,227
Payment Standard Range $424 to $518 $488 to $596 $643 to $785 $878 to $1,073 $1,104 to $1,350

Sourced from federal housing data and AffordableHousingOnline.com research.

Marshall, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 10
Total Low Income Apartments 512
Total Housing Units with Rental Assistance 432
Percentage of Housing Units Occupied By Renters 44.88%
Average Renter Household Size 2.08
Average Household Size 2.36
Median Household Income $46,863 ±$4,450
Median Rent $606 ±$33
Percentage Of Renters Overburdened 36.82% ± 7.52pp
Total Population 13,608

Population and Household Demographics

Marshall is a city in Lyon County, Minnesota with a population of 13,608. There are 5,319 households in the city with an average household size of 2.36 persons. 44.88% of households in Marshall are renters.

Income and Rent Overburden in Marshall

The median gross income for households in Marshall is $46,863 a year, or $3,905 a month. The median rent for the city is $606 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marshall, a household making less than $2,020 a month would be considered overburdened when renting an apartment at or above the median rent. 36.82% of households who rent are overburdened in Marshall.

Area Median Income In Marshall

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 Marshall, the AMI is calculated from all households within Lyon County.

In Marshall, HUD calculates the Area Median Income for a family of four as $78,500

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 Marshall

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 Marshall

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,500 $18,850 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,500 $31,400 $35,350 $39,250 $42,400 $45,550 $48,700 $51,850
80% of Median $44,000 $50,250 $56,550 $62,800 $67,850 $72,850 $77,900 $82,900