Affordable Housing In Renville County
Minnesota

9 Low Income Apartment Communities In Renville County

Grande Apartments

104 N 9th St
Olivia, MN
$570-605
1-2 BR
HCV Welcome

Goelz Apartments IIi

700 Oak St
Danube, MN
Subsidized

Fairview Apartments - - Fairfax, Mn

11 Park St N
Fairfax, MN
Subsidized

Housing of Olivia Westcourt

500 S 13th St
Olivia, MN
Subsidized

East Ridge Court

219 SE Elm St
Renville, MN
62+
Accessible
Elderly Supportive Housing
Subsidized

Hickory Haven Aka Supportive Hsing

360 Pine Ave
Bird Island, MN
Accessible
Disabled Supportive Housing
Subsidized

Hickory Haven, Inc

609 E Hickory Ave
Olivia, MN
Accessible
Disabled Supportive Housing
Subsidized

Eastgate Apartments

301 2nd St E
Hector, MN

Centre Point Poplar Ridge

200 2nd St W
Hector, MN
Subsidized
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Housing Authorities that serve Renville County

Housing Authority Programs
Renville County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Renville County, Minnesota

There are 9 low income housing apartment communities offering 160 affordable apartments for rent in Renville County, Minnesota. Renville County features 144 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 16 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Renville County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Renville County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 160
Total Housing Units with Rental Assistance 144
Percentage of Housing Units Occupied By Renters 20.45%
Average Renter Household Size 1.95
Average Household Size 2.34
Median Household Income $52,149 ±$1,883
Median Rent $578 ±$30
Percentage Of Renters Overburdened 32% ± 4.8pp
Total Population 15,171

Population and Household Demographics

Renville County is a County in Minnesota with a population of 15,171. There are 6,341 households in the county with an average household size of 2.34 persons. 20.45% of households in Renville County are renters.

Income and Rent Overburden in Renville County

The median gross income for households in Renville County is $52,149 a year, or $4,346 a month. The median rent for the county is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Renville County, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 32% of households who rent are overburdened in Renville County.1

Area Median Income In Renville County

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.

In Renville County, HUD calculates the Area Median Income for a family of four as $72,400

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 Renville County

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 Renville County HUD Rental Assistance in Renville County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,200 $17,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% of Median $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450
Low Income Housing Tax Credits in Renville County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 2004 to 2004, 1 low income apartment communities containing 8 rental apartments have been constructed and made affordable to low income persons in Renville County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Renville County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
60% of Median $30,420 $34,800 $39,120 $43,440 $46,920 $50,400 $53,880 $57,360

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Renville County is $39,120 a year, or $3,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,260 by 30% to get a maximum rent of $978 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $634 $679 $815 $941 $1,050 $1,159
60% $761 $815 $978 $1,130 $1,260 $1,391
Fair Market Rents in Renville County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$572 $575 $714 $940 $1,008

Cities In Renville County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Bird Island 1 The HUD funded Public Housing Agency that serves Bird Island is the Renville County Housing and Redevelopment Authority.
Olivia 3 The HUD funded Public Housing Agency that serves Olivia is the Renville County Housing and Redevelopment Authority.
Renville 1 The HUD funded Public Housing Agency that serves Renville is the Renville County Housing and Redevelopment Authority.
Danube 1 The HUD funded Public Housing Agency that serves Danube is the Renville County Housing and Redevelopment Authority.
Hector 2 The HUD funded Public Housing Agency that serves Hector is the Renville County Housing and Redevelopment Authority.
Fairfax 1 The HUD funded Public Housing Agency that serves Fairfax is the Renville County Housing and Redevelopment Authority.
Sacred Heart 0 The HUD funded Public Housing Agency that serves Sacred Heart is the Renville County Housing and Redevelopment Authority.
Buffalo Lake 0 The HUD funded Public Housing Agency that serves Buffalo Lake is the Renville County Housing and Redevelopment Authority.
Bandon 0
Beaver Falls 0
Birch Cooley 0
Bird Islandship 0
Boon Lake 0
Brookfield 0
Cairo 0
Camp 0
Crooks 0
Emmet 0
Ericson 0
Flora 0
Franklin 0
Hawk Creek 0
Hectorship 0
Henryville 0
Kingman 0
Martinsburg 0
Melville 0
Morton 0
Norfolk 0
Osceola 0
Palmyra 0
Preston Lake 0
Sacred Heartship 0
Troy 0
Wang 0
Wellington 0
Winfield 0