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Affordable Housing In Olmsted County
Minnesota

45 Low Income Apartment Communities In Olmsted County

Sunrise Townhomes

2816 59th St NW
Rochester, Minnesota
Call For Rent
2-3 BR

Douglas Trail Townhomes

5041 Weatherstone Cir NW
Rochester, Minnesota
$850-975
2-3 BR

Rolling Ridge Townhomes

851 Rolling Ridge Ave SE
Rochester, Minnesota
$870-970
2-3 BR

Bandel Hills Townhomes

5920 Bandel Rd NW
Rochester, Minnesota
Call For Rent
1-3 BR

Eastside Village

111 2nd St SE
Stewartville, Minnesota
Income Based
1-2 BR
Subsidized

The Square On 31st

310 31st St NE
Rochester, Minnesota
Income Based
Studio-2 BR
Subsidized

The Meadows

11th Avenue Southeast
Rochester, Minnesota
$720-1,005
1-3 BR

Ashland Place Apartments

1990 Ashland Drive Northwest
Rochester, Minnesota
$745-1,030
1-3 BR

Harvestview Place Apartments

5067, 55th Street Northwest
Rochester, Minnesota
$828-1,137
1-3 BR

River Glen Apartments

Sandbar Court Northeast
Rochester, Minnesota
$760-1,275
1-3 BR

Housing Authorities that serve Olmsted County

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

Guide To Affordable Housing in Olmsted County, Minnesota

There are 45 low income housing apartment communities offering 2,578 affordable apartments for rent in Olmsted County, Minnesota.

Income Based Apartments in Olmsted County, Minnesota

Olmsted County features 1,436 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 Olmsted County, Minnesota

There are 1,087 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Olmsted County.

Housing Choice Vouchers in Olmsted County, Minnesota

On average, Section 8 Housing Choice vouchers pay Olmsted County landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Olmsted County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Olmsted County, Minnesota for a two-bedroom apartment is between $914 and $1,118.

2020 Olmsted County, 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
Fair Market Rent $667 $777 $1,016 $1,416 $1,748
Payment Standard Range $600 to $734 $699 to $855 $914 to $1,118 $1,274 to $1,558 $1,573 to $1,923

Sourced from federal housing data and AffordableHousingOnline.com research.

Olmsted County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 45
Total Low Income Apartments 2,578
Total Housing Units with Rental Assistance 1,436
Percentage of Housing Units Occupied By Renters 26.26%
Average Renter Household Size 2.18
Average Household Size 2.52
Median Household Income $68,023 ±$1,887
Median Rent $827 ±$27
Percentage Of Renters Overburdened 45.03% ± 3.03pp
Total Population 148,736

Population and Household Demographics

Olmsted County is a county in Minnesota with a population of 148,736. There are 57,899 households in the county with an average household size of 2.52 persons. 26.26% of households in Olmsted County are renters.

Income and Rent Overburden in Olmsted County

The median gross income for households in Olmsted County is $68,023 a year, or $5,669 a month. The median rent for the county is $827 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Olmsted County, a household making less than $2,757 a month would be considered overburdened when renting an apartment at or above the median rent. 45.03% of households who rent are overburdened in Olmsted County.

Area Median Income In Olmsted 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 Olmsted County, HUD calculates the Area Median Income for a family of four as $103,000

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 Olmsted 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 HUD Rental Assistance in Olmsted County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $21,250 $24,300 $27,350 $30,350 $32,800 $35,250 $39,640 $44,120
50% of Median $35,450 $40,500 $45,550 $50,600 $54,650 $58,700 $62,750 $66,800
80% of Median $54,950 $62,800 $70,650 $78,500 $84,800 $91,100 $97,350 $103,650

Cities In Olmsted County

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

City Served By
Byron The HUD funded Public Housing Agency that serves Byron is the Olmsted County Housing and Redevelopment Authority.
Cascade The HUD funded Public Housing Agency that serves Cascade is the Olmsted County Housing and Redevelopment Authority.
Dover The HUD funded Public Housing Agency that serves Dover is the Olmsted County Housing and Redevelopment Authority.
Dovership The HUD funded Public Housing Agency that serves Dovership is the Olmsted County Housing and Redevelopment Authority.
Elmira The HUD funded Public Housing Agency that serves Elmira is the Olmsted County Housing and Redevelopment Authority.
Eyota The HUD funded Public Housing Agency that serves Eyota is the Olmsted County Housing and Redevelopment Authority.
Eyotaship The HUD funded Public Housing Agency that serves Eyotaship is the Olmsted County Housing and Redevelopment Authority.
Farmington The HUD funded Public Housing Agency that serves Farmington is the Olmsted County Housing and Redevelopment Authority.
Haverhill The HUD funded Public Housing Agency that serves Haverhill is the Olmsted County Housing and Redevelopment Authority.
High Forest The HUD funded Public Housing Agency that serves High Forest is the Olmsted County Housing and Redevelopment Authority.
Kalmar The HUD funded Public Housing Agency that serves Kalmar is the Olmsted County Housing and Redevelopment Authority.
Marion The HUD funded Public Housing Agency that serves Marion is the Olmsted County Housing and Redevelopment Authority.
New Haven The HUD funded Public Housing Agency that serves New Haven is the Olmsted County Housing and Redevelopment Authority.
Orion The HUD funded Public Housing Agency that serves Orion is the Olmsted County Housing and Redevelopment Authority.
Oronoco The HUD funded Public Housing Agency that serves Oronoco is the Olmsted County Housing and Redevelopment Authority.
Oronocoship The HUD funded Public Housing Agency that serves Oronocoship is the Olmsted County Housing and Redevelopment Authority.
Pleasant Grove The HUD funded Public Housing Agency that serves Pleasant Grove is the Olmsted County Housing and Redevelopment Authority.
Quincy The HUD funded Public Housing Agency that serves Quincy is the Olmsted County Housing and Redevelopment Authority.
Rochester The HUD funded Public Housing Agency that serves Rochester is the Olmsted County Housing and Redevelopment Authority.
Rochestership The HUD funded Public Housing Agency that serves Rochestership is the Olmsted County Housing and Redevelopment Authority.
Rock Dell The HUD funded Public Housing Agency that serves Rock Dell is the Olmsted County Housing and Redevelopment Authority.
Salem The HUD funded Public Housing Agency that serves Salem is the Olmsted County Housing and Redevelopment Authority.
Stewartville The HUD funded Public Housing Agency that serves Stewartville is the Olmsted County Housing and Redevelopment Authority.
Viola The HUD funded Public Housing Agency that serves Viola is the Olmsted County Housing and Redevelopment Authority.