What HUD offices serve Marshall, 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 Marshall.
How many renters live in Marshall, Minnesota?
The City of Marshall has people living in households.
There are renters living in renter households in this City. Renters make up 34.64 percent of the population living in Marshall.
What is the rental market like in Marshall, Minnesota?
There are an estimated housing units in the Marshall area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Marshall, Minnesota, there are 1.12 rental units.
What is the vacancy rate for rentals in Marshall?
The rental vacancy rate in Marshall is 9 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Marshall for each bedroom size?
Occupied Rental Units by Size in Marshall
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
17 | 600 | 1,016 | 395 | 86 |
Occupied Rental Units by Size in Marshall
A large number of apartments in Marshall 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 Marshall
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,514. FMRs are updated annually by HUD for every city and county nationwide.
Bed Size | 2024 Fair Market Rents |
Studio | $613 |
One BR | $715 |
Two BR | $905 |
Three BR | $1,275 |
Four BR | $1,514 |
2024 Fair Market Rents in Marshall, Minnesota
How many units are rented at Fair Market Rent (FMR) in Marshall?
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 | 3 | 18 percent |
One BR | 430 | 72 percent |
Two BR | 789 | 78 percent |
Rental Units Below FMR in Marshall, Minnesota
How many affordable rental units are in Marshall?
There are a variety of federal affordable housing programs serving households in Marshall, Minnesota including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Public Housing | |
Section 8 Project-Based Rental Assistance | |
Section 236 Rental Assistance | |
Section 811 Supportive Housing for Persons with Disabilities | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Marshall, Minnesota
Rental units may be funded in part by multiple federal programs.
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 $815 and $996.
Sourced from federal housing data and AffordableHousingOnline.com research.