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

Discover affordable housing in Shakopee where there are 18+ 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.

200 Levee Drive Apartments

200 Levee Dr W, Shakopee, Minnesota 55379

bed 1
payment Subsidized

Sarazin Flats II

1595 Sarazin St, Shakopee, Minnesota 55379

bed 1-3
switch_access_shortcut Short Wait
accessibility Accessible

Sarazin Flats Apartments

1575 Sarazin Street, Shakopee, Minnesota 55379

bed 1-3
payment $874-1462/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Evergreen Heights Townhomes

3031 Pine Tree Ln, Shakopee, Minnesota 55379

switch_access_shortcut Short Wait
accessibility Accessible

Clifton Townhomes

551 Dakota St S, Shakopee, Minnesota 55379

payment Subsidized

River Bluff Apartments Shakopee - Asi Sup. Housing

1020 Bluff Ave E, Shakopee, Minnesota 55379

payment Subsidized
accessibility Accessible
accessible_forward Disability

Arbor Landing Apartments

560 Gorman St, Shakopee, Minnesota 55379

bed 2
payment $1235/mo.

1508 Savanna Dr

1508 Savanna Dr, Shakopee, Minnesota 55379

bed 4
payment $2395/mo.

331 Shawnee Trl

331 Shawnee Trl, Shakopee, Minnesota 55379

bed 3
payment $2000/mo.

1816 Mockingbird Ave

1816 Mockingbird Ave, Shakopee, Minnesota 55379

bed 3
payment $1995/mo.

4514 Bulrush Blvd

4514 Bulrush Blvd, Shakopee, Minnesota 55379

bed 4
payment $2445/mo.

222 Minnesota St S

222 Minnesota St S, Shakopee, Minnesota 55379

bed 2
payment $1465/mo.

Boulder Ridge Townhomes

1106 Kennsington Dr, Shakopee, Minnesota 55379

switch_access_shortcut Short Wait
accessibility Accessible

Core Crossings

1360 Stagecoach Road, Shakopee, Minnesota 55379

bed 1-3

The Willows

1655 Willow Circle , Shakopee, Minnesota 55379

bed 1-3
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Shakopee Village Senior Apartments

1428 4th Ave E, Shakopee, Minnesota 55379

bed 1
payment Subsidized

River Bend Townhomes

1212 4th Ave E, Shakopee, Minnesota 55379

switch_access_shortcut Short Wait
accessibility Accessible

Boulder Ridge Townhomes Phase II

1101 Kennsington Dr, Shakopee, Minnesota 55379

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Shakopee, Minnesota

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Shakopee, Minnesota
$30.72/hour
$21.87 (+247%) more than Minnesota minimum wage and $23.47 (+324%) more than the Federal minimum wage.
Learn More About Shakopee, Minnesota Affordable Housing ↓

What HUD offices serve Shakopee, 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 Shakopee, Minnesota.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency, Rental Assistance Demonstration (RAD) programs for Shakopee, Minnesota.

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

How many renters live in Shakopee, Minnesota?

The City of Shakopee has people living in households.

There are renters living in renter households in this City. Renters make up 24.38 percent of the population living in Shakopee.

What is the rental market like in Shakopee, Minnesota?

There are an estimated housing units in the Shakopee area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Shakopee, Minnesota, there are 1.05 rental units.

What is the vacancy rate for rentals in Shakopee?

The rental vacancy rate in Shakopee is 4 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 Shakopee for each bedroom size?

Occupied Rental Units by Size in Shakopee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
109 928 1,655 746 461
Occupied Rental Units by Size in Shakopee

A large number of apartments in Shakopee have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Shakopee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,174 to $2,478. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,174
One BR $1,327
Two BR $1,622
Three BR $2,188
Four BR $2,478
2024 Fair Market Rents in Shakopee, Minnesota

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

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 73 67 percent
One BR 652 70 percent
Two BR 1,031 62 percent
Rental Units Below FMR in Shakopee, Minnesota

How many affordable rental units are in Shakopee?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 811 Supportive Housing for Persons with Disabilities
Tracked Units by Federal Program in Shakopee, Minnesota

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

Income Based Apartments in Shakopee, Minnesota

Shakopee features 205 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 Shakopee, Minnesota

There are 257 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Shakopee.

Housing Choice Vouchers in Shakopee, Minnesota

On average, Section 8 Housing Choice vouchers pay Shakopee landlords $1,300 per month towards rent. The average voucher holder contributes $500 towards rent in Shakopee.

The maximum amount a voucher would pay on behalf of a low-income tenant in Shakopee, Minnesota for a two-bedroom apartment is between $1,460 and $1,784.

Sourced from federal housing data and AffordableHousingOnline.com research.

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