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

Discover affordable housing in Ramsey 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.

Sunwood Village Apartments

7750 Sunwood Dr NW, Ramsey, Minnesota 55303

bed 1-3
payment $674-925/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Greenway Terrace Apartments

7562 146th Ave NW, Ramsey, Minnesota 55303

bed 1-4
accessibility Accessible

The Seasons Townhomes

7451 147th Ci NW, Ramsey, Minnesota 55303

bed 2-3
payment $880-995/mo.
switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Ramsey, Minnesota

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Ramsey, Minnesota
$30.72/hour
$21.87 (+247%) more than Minnesota minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Ramsey, Minnesota Affordable Housing ↓

What HUD offices serve Ramsey, 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 Ramsey, Minnesota.

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

How many renters live in Ramsey, Minnesota?

The City of Ramsey has people living in households.

There are renters living in renter households in this City. Renters make up 13.66 percent of the population living in Ramsey.

What is the rental market like in Ramsey, Minnesota?

There are an estimated housing units in the Ramsey area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Ramsey, Minnesota, there are 1.05 rental units.

What is the vacancy rate for rentals in Ramsey?

The rental vacancy rate in Ramsey is 5 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 Ramsey for each bedroom size?

Occupied Rental Units by Size in Ramsey
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
48 275 596 531 60
Occupied Rental Units by Size in Ramsey

A large number of apartments in Ramsey have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Ramsey

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Ramsey, Minnesota

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

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 23 48 percent
One BR 157 57 percent
Two BR 72 12 percent
Rental Units Below FMR in Ramsey, Minnesota

How many affordable rental units are in Ramsey?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Tracked Units by Federal Program in Ramsey, Minnesota

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

Income Based Apartments in Ramsey, Minnesota

Ramsey features 54 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 Ramsey, Minnesota

There are 97 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Ramsey.

Housing Choice Vouchers in Ramsey, Minnesota

On average, Section 8 Housing Choice vouchers pay Ramsey landlords $900 per month towards rent. The average voucher holder contributes $400 towards rent in Ramsey.

The maximum amount a voucher would pay on behalf of a low-income tenant in Ramsey, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.

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