Low Income Apartments and Affordable Housing For Rent in Red Wing, MN

Discover affordable housing in Red Wing where there are 10+ 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.

Malmquist Estates

2622 Malmquist Ave, Red Wing, Minnesota 55066

Eagle Ridge Apartments

582 Tyler Rd S, Red Wing, Minnesota 55066

Maple Hills Apartments

521 Maple St, Red Wing, Minnesota 55066

Trailside Acres

211 Sargent Dr, Red Wing, Minnesota 55066

Wings Apartments

2536 Malmquist Ave, Red Wing, Minnesota 55066

Burnside Apartments

187 Sargent Dr, Red Wing, Minnesota 55066

Jordan Towers II

440 W 5th St, Red Wing, Minnesota 55066

Pheasant Run Townhomes

259 Frenn Ave, Red Wing, Minnesota 55066

Jordan Towers Scattered

433 W 4th St, Red Wing, Minnesota 55066

Cooperidge Wapasa Apartments

201 E 7th St, Red Wing, Minnesota 55066

calendar_today Opened: Feb 28
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

calendar_today Opened: Aug 7
calendar_today Closed: Feb 14,

Reported On January 24th, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Red Wing, Minnesota
$10.96 (+124%) more than Minnesota minimum wage and $12.56 (+173%) more than the Federal minimum wage.
Learn More About Red Wing, Minnesota Affordable Housing ↓

What HUD offices serve Red Wing, 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 Red Wing, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Red Wing, Minnesota.

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

How many renters live in Red Wing, Minnesota?

The City of Red Wing has 16,627 people living in 7,344 households.

There are 3,246 renters living in 2,120 renter households in this City. Renters make up 19.52 percent of the population living in Red Wing.

What is the rental market like in Red Wing, Minnesota?

There are an estimated 7,632 housing units in the Red Wing area. Of these, 2,241 units are rental homes, making up 29 percent of the housing market. For every renter household in Red Wing, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Red Wing?

The rental vacancy rate in Red Wing is 3 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 Red Wing for each bedroom size?

Occupied Rental Units by Size in Red Wing
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
178 924 645 343 6
Occupied Rental Units by Size in Red Wing

A large number of apartments in Red Wing 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 Red Wing are overburdened by housing costs?

Among renter households in this market, 53 percent have housing cost burden. Further, 26 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 Red Wing

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $737 to $1,775. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $737
One BR $874
Two BR $1,046
Three BR $1,474
Four BR $1,775
2024 Fair Market Rents in Red Wing, Minnesota

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

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 138 78 percent
One BR 572 62 percent
Two BR 330 51 percent
Rental Units Below FMR in Red Wing, Minnesota

How many affordable rental units are in Red Wing?

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

Federal Program Unit Count
Low Income Housing Tax Credit 238
Public Housing 119
Section 8 Project-Based Rental Assistance 220
USDA Section 515 Rural Rental Housing 86
Tracked Units by Federal Program in Red Wing, Minnesota

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

Income Based Apartments in Red Wing, Minnesota

Red Wing features 481 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 Red Wing, Minnesota

There are 67 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Red Wing.

Housing Choice Vouchers in Red Wing, Minnesota

On average, Section 8 Housing Choice vouchers pay Red Wing landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Red Wing.

The maximum amount a voucher would pay on behalf of a low-income tenant in Red Wing, Minnesota for a two-bedroom apartment is between $941 and $1,151.

Sourced from federal housing data and AffordableHousingOnline.com research.