Low Income Apartments and Affordable Housing For Rent in Martin County, MN

Discover affordable housing in Martin County where there are 13+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Trimont Square Apartments

121 E Main St , Trimont, Minnesota 56176

Fairmont Square Apartments

1205 Victoria St, Fairmont, Minnesota 56031

Heritage Estates

101 Scotts Ct, Fairmont, Minnesota 56031

Welcome Housing

128 Campbell St, Welcome, Minnesota 56181

Southwest Apartments

501 W 1st St S, Truman, Minnesota 56088

Fairmont Place

1001 Pheasant Ave, Fairmont, Minnesota 56031

Countryside Townhouses

1305 Johnson St, Fairmont, Minnesota 56031

Lakeview Apartments

327 Fox Lake Ave, Sherburn, Minnesota 56171

Friendship Village

500 Home St, Fairmont, Minnesota 56031

Pheasant Run

900 Hengen St, Fairmont, Minnesota

Waverly Homes

902 Elm Ave, Waverly, Minnesota 55390

Village Apartments

333 Fox Lake Ave, Sherburn, Minnesota 56171

Birch Street Apartments

131 Birch St W, Trimont, Minnesota 56176

calendar_today Opened: Jun 6
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Martin County, Minnesota
$17.42/hour
$8.57 (+97%) more than Minnesota minimum wage and $10.17 (+140%) more than the Federal minimum wage.
Learn More About Martin County, Minnesota Affordable Housing ↓

What HUD offices serve Martin County, 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.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Martin County, Minnesota.

Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Martin County.

How many renters live in Martin County, Minnesota?

The County of Martin County has 19,960 people living in 8,870 households.

There are 4,513 renters living in 2,433 renter households in this County. Renters make up 22.61 percent of the population living in Martin County.

What is the rental market like in Martin County, Minnesota?

There are an estimated 9,737 housing units in the Martin County area. Of these, 2,521 units are rental homes, making up 26 percent of the housing market. For every renter household in Martin County, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Martin County?

The rental vacancy rate in Martin County is 3 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 Martin County for each bedroom size?

Occupied Rental Units by Size in Martin County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
150 480 1,190 475 98
Occupied Rental Units by Size in Martin County

A large number of apartments in Martin County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Martin County are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 16 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Martin County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $624 to $1,225. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $624
One BR $700
Two BR $920
Three BR $1,221
Four BR $1,225
2024 Fair Market Rents in Martin County, Minnesota

How many units are rented at Fair Market Rent (FMR) in Martin County?

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 103 69 percent
One BR 266 55 percent
Two BR 751 63 percent
Rental Units Below FMR in Martin County, Minnesota

How many affordable rental units are in Martin County?

There are a variety of federal affordable housing programs serving households in Martin County, Minnesota including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 140
Public Housing 125
Section 8 Project-Based Rental Assistance 71
USDA Section 515 Rural Rental Housing 134
Tracked Units by Federal Program in Martin County, Minnesota

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Martin County, Minnesota

Martin County features 364 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 Martin County, Minnesota

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

Housing Choice Vouchers in Martin County, Minnesota

On average, Section 8 Housing Choice vouchers pay Martin County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Martin County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Martin County, Minnesota for a two-bedroom apartment is between $828 and $1,012.

Sourced from federal housing data and AffordableHousingOnline.com research.