Affordable Housing In Rock County

6 Low Income Apartment Communities In Rock County

Stone Creek Townhomes

501 Hatting St
Luverne, MN
Income Based
2-3 BR

Centennial Apartments

120 N Spring St
Luverne, MN
Income Based
1-2 BR

Rock Creek Townhomes I

313 Oak Dr
Luverne, MN
3-4 BR
HCV Welcome

Rock Creek Townhomes II

304 Pine Dr
Luverne, MN
HCV Welcome

Blue Mound Towers

216 N McKenzie St
Luverne, MN

Fernwood Apartments

106 E 4th St
Hardwick, MN
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Other Housing Authorities located in Rock County

Housing Authority Programs
Housing and Redevelopment Authority of Luverne Public Housing

Guide To Affordable Housing in Rock County, Minnesota

There are 6 low income housing apartment communities offering 210 affordable apartments for rent in Rock County, Minnesota. Rock County features 162 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 48 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Rock County.

Sourced from federal housing data and research.

Rock County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 210
Total Housing Units with Rental Assistance 162
Percentage of Housing Units Occupied By Renters 24.74%
Average Renter Household Size 2.08
Average Household Size 2.37
Median Household Income $51,496 ±$3,692
Median Rent $619 ±$54
Percentage Of Renters Overburdened 39.81% ± 7.89pp
Total Population 9,563

Population and Household Demographics

Rock County is a County in Minnesota with a population of 9,563. There are 3,929 households in the county with an average household size of 2.37 persons. 24.74% of households in Rock County are renters.

Income and Rent Overburden in Rock County

The median gross income for households in Rock County is $51,496 a year, or $4,291 a month. The median rent for the county is $619 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rock County, a household making less than $2,063 a month would be considered overburdened when renting an apartment at or above the median rent. 39.81% of households who rent are overburdened in Rock County.1

Area Median Income In Rock 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 Rock County, HUD calculates the Area Median Income for a family of four as $68,200

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 Rock 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 Rock County HUD Rental Assistance in Rock 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 Rock County

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

From 1998 to 1999, 2 low income apartment communities containing 68 rental apartments have been constructed and made affordable to low income persons in Rock 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 Rock 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 Rock 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 Rock 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
$483 $556 $732 $961 $1,001

Cities In Rock County

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

City Listings Served By
Luverne 5 The HUD funded Public Housing Agency that serves Luverne is the Housing and Redevelopment Authority of Luverne.
Hardwick 1
Battle Plain 0
Beaver Creek 0
Beaver Creekship 0
Clinton 0
Denver 0
Hills 0
Kanaranzi 0
Kenneth 0
Luverneship 0
Magnolia 0
Magnoliaship 0
Martin 0
Mound 0
Rose Dell 0
Springwater 0
Steen 0
Vienna 0