What HUD offices serve Stearns 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.
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Stearns County.
How many renters live in Stearns County, Minnesota?
The County of Stearns County has people living in households.
There are renters living in renter households in this County. Renters make up 23.48 percent of the population living in Stearns County.
What is the rental market like in Stearns County, Minnesota?
There are an estimated housing units in the Stearns County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Stearns County, Minnesota, there are 1.02 rental units.
What is the vacancy rate for rentals in Stearns County?
The rental vacancy rate in Stearns County is 4 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 Stearns County for each bedroom size?
Occupied Rental Units by Size in Stearns County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms 2,332 5,496 7,582 2,765 1,954 Occupied Rental Units by Size in Stearns County
A large number of apartments in Stearns County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Stearns 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 1,735 74 percent One BR 3,763 68 percent Two BR 3,797 50 percent Rental Units Below FMR in Stearns County, Minnesota
How many affordable rental units are in Stearns County?
There are a variety of federal affordable housing programs serving households in
Stearns County, Minnesota including the following: Rental units may be funded in part by multiple federal programs.Federal Program Unit Count Low Income Housing Tax Credit Public Housing Section 8 Project-Based Rental Assistance Section 202 Supportive Housing for the Elderly Section 811 Supportive Housing for Persons with Disabilities USDA Section 515 Rural Rental Housing USDA Section 514 Farm Labor Housing Tracked Units by Federal Program in Stearns County, Minnesota
Income Based Apartments in Stearns County, Minnesota
Stearns County features 1,631 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 Stearns County, Minnesota
There are 1,221 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Stearns County.
Housing Choice Vouchers in Stearns County, Minnesota
On average, Section 8 Housing Choice vouchers pay Stearns County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Stearns County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Stearns County, Minnesota for a two-bedroom apartment is between $1,040 and $1,271.
Sourced from federal housing data and AffordableHousingOnline.com research.