Affordable Housing In Scott County
29 Low Income Apartment Communities In Scott County
Housing Authorities that serve Scott County
|Scott County Community Development Agency||Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency; Rental Assistance Demonstration (RAD)|
|Metropolitan Council Housing and Redevelopment Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Scott County, Minnesota
There are 29 low income housing apartment communities offering 1,112 affordable apartments for rent in Scott County, Minnesota.
Income Based Apartments in Scott County, Minnesota
Scott County features 596 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 Scott County, Minnesota
There are 516 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Scott County.
Housing Choice Vouchers in Scott County, Minnesota
On average, Section 8 Housing Choice vouchers pay Scott County landlords $1,200 per month towards rent. The average voucher holder contributes $500 towards rent in Scott County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Scott County, Minnesota for a two-bedroom apartment is between $1,093 and $1,335.
2020 Scott County, 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|
|Fair Market Rent||$820||$971||$1,214||$1,722||$2,025|
|Payment Standard Range||$738 to $902||$874 to $1,068||$1,093 to $1,335||$1,550 to $1,894||$1,823 to $2,228|
Sourced from federal housing data and AffordableHousingOnline.com research.
Scott County, MN Affordable Housing Snapshot
|Total Affordable Apartment Properties||29|
|Total Low Income Apartments||1,112|
|Total Housing Units with Rental Assistance||596|
|Percentage of Housing Units Occupied By Renters||16.87%|
|Average Renter Household Size||2.59|
|Average Household Size||2.90|
|Median Household Income||$87,794 ±$2,092|
|Median Rent||$1,024 ±$52|
|Percentage Of Renters Overburdened||43.36% ± 3.86pp|
Population and Household Demographics
Scott County is a county in Minnesota with a population of 137,322. There are 46,805 households in the county with an average household size of 2.90 persons. 16.87% of households in Scott County are renters.
Income and Rent Overburden in Scott County
The median gross income for households in Scott County is $87,794 a year, or $7,316 a month. The median rent for the county is $1,024 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Scott County, a household making less than $3,413 a month would be considered overburdened when renting an apartment at or above the median rent. 43.36% of households who rent are overburdened in Scott County.
Area Median Income In Scott 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 Scott County, HUD calculates the Area Median Income for a family of four as $103,400
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 Scott 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 HUD Rental Assistance in Scott County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$21,700||$24,800||$27,900||$31,000||$33,500||$36,000||$39,640||$44,120|
|50% of Median||$36,200||$41,400||$46,550||$51,700||$55,850||$60,000||$64,150||$68,250|
|80% of Median||$54,950||$62,800||$70,650||$78,500||$84,800||$91,100||$97,350||$103,650|
Cities In Scott County
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