Affordable Housing In Springfield
Brown County, Minnesota

1 Low Income Apartment Communities In Springfield

Cedar Manor Apartments

10 W Maple St
Springfield, MN
Subsidized
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Guide To Affordable Housing in Springfield, Minnesota

There are 1 low income housing apartment communities offering 16 affordable apartments for rent in Springfield, Minnesota.

Income Based Apartments in Springfield, Minnesota

Springfield features 16 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 Springfield, Minnesota

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

Housing Choice Vouchers in Springfield, Minnesota

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Springfield, Minnesota for a two-bedroom apartment is between $643 and $785.

2020 Springfield, 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 $465 $573 $714 $890 $967
Payment Standard Range $419 to $512 $516 to $630 $643 to $785 $801 to $979 $870 to $1,064

Sourced from federal housing data and AffordableHousingOnline.com research.

Springfield, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 16
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 23.72%
Average Renter Household Size 2.00
Average Household Size 2.20
Median Household Income $43,679 ±$3,419
Median Rent $574 ±$64
Percentage Of Renters Overburdened 44.98% ± 14.22pp
Total Population 2,039

Population and Household Demographics

Springfield is a City in Brown County, Minnesota with a population of 2,039. There are 881 households in the city with an average household size of 2.20 persons. 23.72% of households in Springfield are renters.

Income and Rent Overburden in Springfield

The median gross income for households in Springfield is $43,679 a year, or $3,640 a month. The median rent for the city is $574 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Springfield, a household making less than $1,913 a month would be considered overburdened when renting an apartment at or above the median rent. 44.98% of households who rent are overburdened in Springfield.1

Area Median Income In Springfield

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Springfield, the AMI is calculated from all households within Brown County.

In Springfield, HUD calculates the Area Median Income for a family of four as $74,800

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 Springfield

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 Springfield HUD Rental Assistance in Springfield

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,750 $18,000 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,200 $29,950 $33,700 $37,400 $40,400 $43,400 $46,400 $49,400
80% of Median $41,900 $47,900 $53,900 $59,850 $64,650 $69,450 $74,250 $79,050