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Affordable Housing In Osakis
Douglas County, Minnesota

5 Low Income Apartment Communities In Osakis

Osakis Cmty Manor

480 W Main St
Osakis, Minnesota
Subsidized

Osakis Townhomes

301 W 8th Ave
Osakis, Minnesota

Shelter I

215 Main Street West
Osakis, Minnesota

Shelter II Apts

207 Main Street West
Osakis, Minnesota

Heritage Apartments (Osakis)

512 2nd Ave E
Osakis, Minnesota
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Housing Authorities that serve Osakis

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

Guide To Affordable Housing in Osakis, Minnesota

There are 5 low income housing apartment communities offering 69 affordable apartments for rent in Osakis, Minnesota.

Income Based Apartments in Osakis, Minnesota

Osakis features 57 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 Osakis, Minnesota

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

Housing Choice Vouchers in Osakis, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Osakis, Minnesota for a two-bedroom apartment is between $728 and $890.

2020 Osakis, 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 $527 $614 $809 $1,071 $1,162
Payment Standard Range $474 to $580 $553 to $675 $728 to $890 $964 to $1,178 $1,046 to $1,278

Sourced from federal housing data and AffordableHousingOnline.com research.

Osakis, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 69
Total Housing Units with Rental Assistance 57
Percentage of Housing Units Occupied By Renters 28.4%
Average Renter Household Size 2.00
Average Household Size 2.44
Median Household Income $39,464 ±$9,630
Median Rent $706 ±$175
Percentage Of Renters Overburdened 42.02% ± 12.42pp
Total Population 1,669

Population and Household Demographics

Osakis is a city in Douglas County, Minnesota with a population of 1,669. There are 662 households in the city with an average household size of 2.44 persons. 28.4% of households in Osakis are renters.

Income and Rent Overburden in Osakis

The median gross income for households in Osakis is $39,464 a year, or $3,289 a month. The median rent for the city is $706 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Osakis, a household making less than $2,353 a month would be considered overburdened when renting an apartment at or above the median rent. 42.02% of households who rent are overburdened in Osakis.

Area Median Income In Osakis

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 Osakis, the AMI is calculated from all households within Douglas County.

In Osakis, HUD calculates the Area Median Income for a family of four as $79,400

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 Osakis

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 Osakis

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,700 $19,050 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $27,800 $31,800 $35,750 $39,700 $42,900 $46,100 $49,250 $52,450
80% of Median $44,450 $50,800 $57,150 $63,500 $68,600 $73,700 $78,750 $83,850