Affordable Housing In New Munich
Stearns County, Minnesota

Affordable Housing programs support 0 income based apartments in New Munich where households pay rent based on how much they earn.

There are 0 affordable apartments in New Munich that offer reduced rents to low-income households.

Waiting Lists in New Munich, Minnesota

There are no open Section 8 Housing Choice Voucher waiting lists in New Munich. Go to the Minnesota Section 8 Waiting Lists page for openings near New Munich.

Affordable Housing Near New Munich

View affordable apartments and waiting lists in cities near New Munich

City Apartments
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Affordable Housing In Saint Cloud, MN Affordable Housing programs support 32 apartment communities in Saint Cloud.
Affordable Housing In Sartell, MN Affordable Housing programs support 4 apartment communities in Sartell.
Affordable Housing In Sauk Centre, MN Affordable Housing programs support 6 apartment communities in Sauk Centre.
Affordable Housing In St Joseph, MN Affordable Housing programs support 3 apartment communities in St Joseph.
Affordable Housing In St Martin, MN Affordable Housing programs support 1 apartment communities in St Martin.
Affordable Housing In St. Cloud, MN Affordable Housing programs support 1 apartment communities in St. Cloud.
Affordable Housing In Waite Park, MN Affordable Housing programs support 1 apartment communities in Waite Park.

Public Housing Agencies Serving New Munich, 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.

Housing Authority Programs
Stearns County HRA Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near New Munich.

New Munich, Minnesota Affordable Housing Data

Income Based Apartments in New Munich, Minnesota

New Munich features 0 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 New Munich, Minnesota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in New Munich.

Housing Choice Vouchers in New Munich, Minnesota

On average, Section 8 Housing Choice vouchers pay New Munich landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in New Munich.

The maximum amount a voucher would pay on behalf of a low-income tenant in New Munich, Minnesota for a two-bedroom apartment is between $875 and $1,069.

2023 New Munich, 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
New Munich, Minnesota Fair Market Rent $754 $781 $972 $1,309 $1,552
New Munich, Minnesota Payment Standard Range $679 to $829 $703 to $859 $875 to $1,069 $1,178 to $1,440 $1,397 to $1,707

Sourced from federal housing data and AffordableHousingOnline.com research.

New Munich, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 16.55%
Average Renter Household Size 3.35
Average Household Size 2.50
Median Household Income $48,125 ±$15,206
Median Rent $771 ±$191
Percentage Of Renters Overburdened 47.83% ± 70.4pp
Total Population 363

Population and Household Demographics

New Munich is a city in Stearns County, Minnesota with a population of 363. There are 139 households in the city with an average household size of 2.50 persons. 16.55% of households in New Munich are renters.

Income and Rent Overburden in New Munich

The median gross income for households in New Munich is $48,125 a year, or $4,010 a month. The median rent for the city is $771 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In New Munich, a household making less than $2,570 a month would be considered overburdened when renting an apartment at or above the median rent. 47.83% of households who rent are overburdened in New Munich.

Area Median Income In New Munich

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 New Munich, the AMI is calculated from all households within Stearns County.

In New Munich, HUD calculates the Area Median Income for a family of four as $88,500

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 New Munich

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 New Munich

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the New Munich AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,550 $21,200 $23,850 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the New Munich AMI may qualify for rental assistance programs that target Very Low Income households.
$30,950 $35,350 $39,750 $44,150 $47,700 $51,250 $54,750 $58,300
80% AMI Income Limits
Renters earning up to 80% of the New Munich AMI may qualify for rental assistance programs that target Low Income households.
$49,500 $56,550 $63,600 $70,650 $76,350 $82,000 $87,650 $93,300