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

Discover affordable housing in Pipestone County where there are 6+ 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.

Whispering Winds Townhomes

610 5th St NW, Pipestone, Minnesota 56164

Storybrook Townhomes

715 4th St NW, Pipestone, Minnesota 56164

Storybrook Apartments

405 2nd St NW, Pipestone, Minnesota 56164

Nokomis Apartments

202 2nd Ave SW, Pipestone, Minnesota 56164

Quarry Apartments

217 1st St E, Jasper, Minnesota 56144

Clinic Apartments

100 Sherman Ave N, Jasper, Minnesota 56144

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Pipestone County, Minnesota
$17.14/hour
$8.29 (+94%) more than Minnesota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Pipestone County, Minnesota Affordable Housing ↓

How many renters live in Pipestone County, Minnesota?

The County of Pipestone County has 9,380 people living in 3,965 households.

There are 1,428 renters living in 812 renter households in this County. Renters make up 15.22 percent of the population living in Pipestone County.

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

There are an estimated 4,339 housing units in the Pipestone County area. Of these, 873 units are rental homes, making up 20 percent of the housing market. For every renter household in Pipestone County, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Pipestone County?

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

Occupied Rental Units by Size in Pipestone County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 199 342 148 63
Occupied Rental Units by Size in Pipestone County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 20 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 Pipestone County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,532. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $697
Two BR $905
Three BR $1,197
Four BR $1,532
2024 Fair Market Rents in Pipestone County, Minnesota

How many units are rented at Fair Market Rent (FMR) in Pipestone 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 0 100 percent
One BR 158 79 percent
Two BR 229 67 percent
Rental Units Below FMR in Pipestone County, Minnesota

How many affordable rental units are in Pipestone County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 19
Public Housing 102
Section 8 Project-Based Rental Assistance 53
Tracked Units by Federal Program in Pipestone County, Minnesota

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

Income Based Apartments in Pipestone County, Minnesota

Pipestone County features 171 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 Pipestone County, Minnesota

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pipestone County.

Housing Choice Vouchers in Pipestone County, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Pipestone County, Minnesota for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.