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

Discover affordable housing in Sanborn where there are 1+ 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.

Parkview Apartments

201 E Pabst St, Sanborn, Minnesota 0

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sanborn, Minnesota
$17.14/hour
$8.29 (+94%) more than Minnesota minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Sanborn, Minnesota Affordable Housing ↓

What HUD offices serve Sanborn, 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 Sanborn, Minnesota.

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

How many renters live in Sanborn, Minnesota?

The City of Sanborn has 350 people living in 180 households.

There are 44 renters living in 26 renter households in this City. Renters make up 12.57 percent of the population living in Sanborn.

What is the rental market like in Sanborn, Minnesota?

There are an estimated 208 housing units in the Sanborn area. Of these, 30 units are rental homes, making up 14 percent of the housing market. For every renter household in Sanborn, Minnesota, there are 1 rental units.

What is the vacancy rate for rentals in Sanborn?

The rental vacancy rate in Sanborn is 0 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 Sanborn for each bedroom size?

Occupied Rental Units by Size in Sanborn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 15 10 0 1
Occupied Rental Units by Size in Sanborn

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

Among renter households in this market, 8 percent have housing cost burden. Further, 0 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 Sanborn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $613 to $1,516. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $613
One BR $693
Two BR $905
Three BR $1,273
Four BR $1,516
2024 Fair Market Rents in Sanborn, Minnesota

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

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
One BR 15 100 percent
Two BR 6 60 percent
Rental Units Below FMR in Sanborn, Minnesota

How many affordable rental units are in Sanborn?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 12
Tracked Units by Federal Program in Sanborn, Minnesota

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

Income Based Apartments in Sanborn, Minnesota

Sanborn features 12 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 Sanborn, Minnesota

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

Housing Choice Vouchers in Sanborn, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Sanborn, Minnesota for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.