Affordable Housing In Raymond
Stearns County, Minnesota

Affordable Housing programs support 24 income based apartments in Raymond where households pay rent based on how much they earn.

There are 0 affordable apartments in Raymond that offer reduced rents to low-income households.

Waiting Lists in Raymond, Minnesota

There are no open Section 8 Housing Choice Voucher waiting lists in Raymond. Go to the Minnesota Section 8 Waiting Lists page for openings near Raymond.

El Ca Ba Apartments

105 4th St S
Raymond, Minnesota
Rent Assisted
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Affordable Housing Near Raymond

View affordable apartments and waiting lists in cities near Raymond

City Apartments
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Affordable Housing In St Joseph, MN Affordable Housing programs support 3 apartment communities in St Joseph.
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Public Housing Agencies Serving Raymond, 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.

Housing Authority Programs
Stearns County HRA Section 8 Housing Choice Voucher (HCV); Public Housing
Go to the Minnesota Public Housing and Low-Income Apartments Waiting Lists page for openings near Raymond.

Raymond, Minnesota Affordable Housing Data

Income Based Apartments in Raymond, Minnesota

Raymond features 24 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 Raymond, Minnesota

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Raymond.

Housing Choice Vouchers in Raymond, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Raymond, Minnesota for a two-bedroom apartment is between $875 and $1,069.

2023 Raymond, 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
Raymond, Minnesota Fair Market Rent $754 $781 $972 $1,309 $1,552
Raymond, Minnesota Payment Standard Range $679 to $829 $703 to $859 $875 to $1,069 $1,178 to $1,440 $1,397 to $1,707

Sourced from federal housing data and AffordableHousingOnline.com research.

Raymond, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 24
Total Housing Units with Rental Assistance 24
Percentage of Housing Units Occupied By Renters %
Average Renter Household Size 0.00
Average Household Size 0.00
Median Household Income $0 ±$0
Median Rent $0 ±$0
Total Population 0

Population and Household Demographics

Raymond is a city in Stearns County, Minnesota with a population of 0. There are 0 households in the city with an average household size of 0.00 persons. % of households in Raymond are renters.

Income and Rent Overburden in Raymond

The median gross income for households in Raymond is $0 a year, or $0 a month. The median rent for the city is $0 a month.

Area Median Income In Raymond

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 Raymond, the AMI is calculated from all households within Stearns County.

In Raymond, HUD calculates the Area Median Income for a family of four as $88,500

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 Raymond

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 Raymond

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Raymond AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,550 $21,200 $23,850 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Raymond AMI may qualify for rental assistance programs that target Very Low Income households.
$30,950 $35,350 $39,750 $44,150 $47,700 $51,250 $54,750 $58,300
80% AMI Income Limits
Renters earning up to 80% of the Raymond AMI may qualify for rental assistance programs that target Low Income households.
$49,500 $56,550 $63,600 $70,650 $76,350 $82,000 $87,650 $93,300