Low Income Apartments and Affordable Housing For Rent in Ogilvie, MN

Discover affordable housing in Ogilvie where there are 3+ 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.

Ogilvie Square Townhouses

309 W Anderson, Ogilvie, Minnesota 56358

Groundhouse Apartments

403 E Rutherford St, Ogilvie, Minnesota 56358

Ogilvie Square Apartments

206 N Oric Ave, Ogilvie, Minnesota 56358

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ogilvie, Minnesota
$19.15/hour
$10.30 (+116%) more than Minnesota minimum wage and $11.90 (+164%) more than the Federal minimum wage.
Learn More About Ogilvie, Minnesota Affordable Housing ↓

How many renters live in Ogilvie, Minnesota?

The City of Ogilvie has 411 people living in 177 households.

There are 180 renters living in 70 renter households in this City. Renters make up 43.8 percent of the population living in Ogilvie.

What is the rental market like in Ogilvie, Minnesota?

There are an estimated 183 housing units in the Ogilvie area. Of these, 70 units are rental homes, making up 38 percent of the housing market. For every renter household in Ogilvie, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Ogilvie?

The rental vacancy rate in Ogilvie is 0 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 Ogilvie for each bedroom size?

Occupied Rental Units by Size in Ogilvie
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 11 35 20 3
Occupied Rental Units by Size in Ogilvie

A large number of apartments in Ogilvie 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 Ogilvie are overburdened by housing costs?

Among renter households in this market, 44 percent have housing cost burden. Further, 10 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 Ogilvie

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,346. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $685
One BR $819
Two BR $1,011
Three BR $1,341
Four BR $1,346
2024 Fair Market Rents in Ogilvie, Minnesota

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

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
One BR 10 91 percent
Two BR 22 63 percent
Rental Units Below FMR in Ogilvie, Minnesota

How many affordable rental units are in Ogilvie?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
USDA Section 515 Rural Rental Housing 23
Tracked Units by Federal Program in Ogilvie, Minnesota

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

Income Based Apartments in Ogilvie, Minnesota

Ogilvie features 23 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 Ogilvie, Minnesota

There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ogilvie.

Housing Choice Vouchers in Ogilvie, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ogilvie, Minnesota for a two-bedroom apartment is between $910 and $1,112.

Sourced from federal housing data and AffordableHousingOnline.com research.