Affordable Housing In Murray County
Minnesota

4 Low Income Apartment Communities In Murray County

Centennial Apartments - - ( Fulda )

200 Florence Ave
Fulda, MN
Subsidized

Westside Apartments

1851 26th St
Slayton, MN
Subsidized

Southgate Apartments II

3200 Maple Ave
Slayton, MN
Subsidized

Heritage Apartments

400 2nd St
Fulda, MN
  • «
  • 1
  • »

Housing Authorities that serve Murray County

Housing Authority Programs
Worthington Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Murray County, Minnesota

According to federal housing data and AffordableHousingOnline.com research, there are 4 low income housing apartment communities offering 80 affordable apartments for rent in Murray County, Minnesota. Murray County features 72 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 8 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Murray County.

Murray County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 80
Total Housing Units with Rental Assistance 72
Percentage of Housing Units Occupied By Renters 18.7%
Average Renter Household Size 1.94
Average Household Size 2.24
Median Household Income $51,983 ±$2,190
Median Rent $555 ±$31
Percentage Of Renters Overburdened 28.61% ± 5.52pp
Total Population 8,529

Population and Household Demographics

Murray County is a County in Minnesota with a population of 8,529. There are 3,737 households in the county with an average household size of 2.24 persons. 18.7% of households in Murray County are renters.

Income and Rent Overburden in Murray County

The median gross income for households in Murray County is $51,983 a year, or $4,332 a month. The median rent for the county is $555 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Murray County, a household making less than $1,850 a month would be considered overburdened when renting an apartment at or above the median rent. 28.61% of households who rent are overburdened in Murray County.1

Area Median Income In Murray County

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.

In Murray County, HUD calculates the Area Median Income for a family of four as $72,800

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 Murray County

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 Murray County HUD Rental Assistance in Murray County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,500 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
80% of Median $40,800 $46,600 $52,450 $58,250 $62,950 $67,600 $72,250 $76,900

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Murray County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,500 $29,150 $32,800 $36,400 $39,350 $42,250 $45,150 $48,050
60% of Median $30,600 $34,980 $39,360 $43,680 $47,220 $50,700 $54,180 $57,660

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Murray County is $39,360 a year, or $3,280 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,280 by 30% to get a maximum rent of $984 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $638 $683 $820 $947 $1,056 $1,165
60% $765 $820 $984 $1,136 $1,268 $1,398
Fair Market Rents in Murray County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$471 $548 $714 $1,002 $1,006

Cities In Murray County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Slayton 2 The HUD funded Public Housing Agency that serves Slayton is the Worthington Housing and Redevelopment Authority.
Fulda 2 The HUD funded Public Housing Agency that serves Fulda is the Worthington Housing and Redevelopment Authority.
Avoca 0 The HUD funded Public Housing Agency that serves Avoca is the Worthington Housing and Redevelopment Authority.
Belfast 0 The HUD funded Public Housing Agency that serves Belfast is the Worthington Housing and Redevelopment Authority.
Bondin 0 The HUD funded Public Housing Agency that serves Bondin is the Worthington Housing and Redevelopment Authority.
Cameron 0 The HUD funded Public Housing Agency that serves Cameron is the Worthington Housing and Redevelopment Authority.
Chanarambie 0 The HUD funded Public Housing Agency that serves Chanarambie is the Worthington Housing and Redevelopment Authority.
Chandler 0 The HUD funded Public Housing Agency that serves Chandler is the Worthington Housing and Redevelopment Authority.
Currie 0 The HUD funded Public Housing Agency that serves Currie is the Worthington Housing and Redevelopment Authority.
Des Moines River 0 The HUD funded Public Housing Agency that serves Des Moines River is the Worthington Housing and Redevelopment Authority.
Dovray 0 The HUD funded Public Housing Agency that serves Dovray is the Worthington Housing and Redevelopment Authority.
Dovrayship 0 The HUD funded Public Housing Agency that serves Dovrayship is the Worthington Housing and Redevelopment Authority.
Ellsborough 0 The HUD funded Public Housing Agency that serves Ellsborough is the Worthington Housing and Redevelopment Authority.
Fenton 0 The HUD funded Public Housing Agency that serves Fenton is the Worthington Housing and Redevelopment Authority.
Hadley 0 The HUD funded Public Housing Agency that serves Hadley is the Worthington Housing and Redevelopment Authority.
Holly 0 The HUD funded Public Housing Agency that serves Holly is the Worthington Housing and Redevelopment Authority.
Iona 0 The HUD funded Public Housing Agency that serves Iona is the Worthington Housing and Redevelopment Authority.
Ionaship 0 The HUD funded Public Housing Agency that serves Ionaship is the Worthington Housing and Redevelopment Authority.
Lake Sarah 0 The HUD funded Public Housing Agency that serves Lake Sarah is the Worthington Housing and Redevelopment Authority.
Lake Wilson 0 The HUD funded Public Housing Agency that serves Lake Wilson is the Worthington Housing and Redevelopment Authority.
Leeds 0 The HUD funded Public Housing Agency that serves Leeds is the Worthington Housing and Redevelopment Authority.
Lime Lake 0 The HUD funded Public Housing Agency that serves Lime Lake is the Worthington Housing and Redevelopment Authority.
Lowville 0 The HUD funded Public Housing Agency that serves Lowville is the Worthington Housing and Redevelopment Authority.
Mason 0 The HUD funded Public Housing Agency that serves Mason is the Worthington Housing and Redevelopment Authority.
Moulton 0 The HUD funded Public Housing Agency that serves Moulton is the Worthington Housing and Redevelopment Authority.
Murray 0 The HUD funded Public Housing Agency that serves Murray is the Worthington Housing and Redevelopment Authority.
Shetek 0 The HUD funded Public Housing Agency that serves Shetek is the Worthington Housing and Redevelopment Authority.
Skandia 0 The HUD funded Public Housing Agency that serves Skandia is the Worthington Housing and Redevelopment Authority.
Slaytonship 0 The HUD funded Public Housing Agency that serves Slaytonship is the Worthington Housing and Redevelopment Authority.
The Lakes 0 The HUD funded Public Housing Agency that serves The Lakes is the Worthington Housing and Redevelopment Authority.