Low Income Apartments and Affordable Housing For Rent in Pennington County, MN

Discover affordable housing in Pennington County where there are 11+ 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.

Greenwood Terrace

2001 Greenwood St E, Thief River Falls, Minnesota 56701

River Pointe Townhomes

928 Alice Dr, Thief River Falls, Minnesota 56701

Riverside Terrace

225 Labree Ave S, Thief River Falls, Minnesota 56701

Thief River Falls Hra

415 Arnold Ave S, Thief River Falls, Minnesota 56701

Northland Village

1508 Highway 1 E, Thief River Falls, Minnesota 56701

Sherwood Park Townhomes

1528 Highway 1 E, Thief River Falls, Minnesota 56701

Southwood Park Townhomes

1601 Greenwood St E, Thief River Falls, Minnesota 56701

Pioneer Court

1602 Greenwood St E, Thief River Falls, Minnesota 56701

Belmont Apartments

1308 Dale St, Thief River Falls, Minnesota 56701

Goodridge Retiremnt Homes

401 Brandenburg St E, Goodridge, Minnesota 56725

Oak Lodge Ltd

540 9th St W, Thief River Falls, Minnesota 56701

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pennington County, Minnesota
$11.98 (+135%) more than Minnesota minimum wage and $13.58 (+187%) more than the Federal minimum wage.
Learn More About Pennington County, Minnesota Affordable Housing ↓

What HUD offices serve Pennington 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Pennington County, Minnesota.

Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Pennington County.

How many renters live in Pennington County, Minnesota?

The County of Pennington County has 13,995 people living in 6,150 households.

There are 2,870 renters living in 1,683 renter households in this County. Renters make up 20.51 percent of the population living in Pennington County.

What is the rental market like in Pennington County, Minnesota?

There are an estimated 6,673 housing units in the Pennington County area. Of these, 1,791 units are rental homes, making up 27 percent of the housing market. For every renter household in Pennington County, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Pennington County?

The rental vacancy rate in Pennington 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 Pennington County for each bedroom size?

Occupied Rental Units by Size in Pennington County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
25 553 760 276 24
Occupied Rental Units by Size in Pennington County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 12 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 Pennington County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $746 to $1,590. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $746
One BR $837
Two BR $1,100
Three BR $1,399
Four BR $1,590
2024 Fair Market Rents in Pennington County, Minnesota

How many units are rented at Fair Market Rent (FMR) in Pennington 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 25 100 percent
One BR 431 78 percent
Two BR 434 57 percent
Rental Units Below FMR in Pennington County, Minnesota

How many affordable rental units are in Pennington County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 252
Public Housing 78
Section 8 Project-Based Rental Assistance 66
USDA Section 515 Rural Rental Housing 50
Tracked Units by Federal Program in Pennington County, Minnesota

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

Income Based Apartments in Pennington County, Minnesota

Pennington County features 192 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 Pennington County, Minnesota

There are 188 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pennington County.

Housing Choice Vouchers in Pennington County, Minnesota

On average, Section 8 Housing Choice vouchers pay Pennington County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Pennington County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Pennington County, Minnesota for a two-bedroom apartment is between $990 and $1,210.

Sourced from federal housing data and AffordableHousingOnline.com research.