Affordable Housing In Wabasha County
Minnesota

6 Low Income Apartment Communities In Wabasha County

Harvest Ridge Townhomes

705 3rd Ave NE
Plainview, MN
$645-735
2-3 BR
HCV Welcome

Plainview Seniors Housing

905 2nd Ave NW
Plainview, MN
Call For Rent
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Norplain Apartments

330 1st St NE
Plainview, MN
Subsidized

Rivers Edge Apartments

549 Short St
Mazeppa, MN

Maple Grove

730 6th St W
Wabasha, MN

Plainview Apartments

100 5th Ave NE
Plainview, MN
HCV Welcome
  • «
  • 1
  • »

Housing Authorities that serve Wabasha County

Housing Authority Programs
Southeastern Minnesota Multi-County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Wabasha County, Minnesota

There are 6 low income housing apartment communities offering 218 affordable apartments for rent in Wabasha County, Minnesota. Wabasha County features 158 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 60 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Wabasha County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Wabasha County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 6
Total Low Income Apartments 218
Total Housing Units with Rental Assistance 158
Percentage of Housing Units Occupied By Renters 18.63%
Average Renter Household Size 1.98
Average Household Size 2.36
Median Household Income $56,510 ±$1,667
Median Rent $699 ±$57
Percentage Of Renters Overburdened 37.35% ± 5.32pp
Total Population 21,381

Population and Household Demographics

Wabasha County is a County in Minnesota with a population of 21,381. There are 8,953 households in the county with an average household size of 2.36 persons. 18.63% of households in Wabasha County are renters.

Income and Rent Overburden in Wabasha County

The median gross income for households in Wabasha County is $56,510 a year, or $4,709 a month. The median rent for the county is $699 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Wabasha County, a household making less than $2,330 a month would be considered overburdened when renting an apartment at or above the median rent. 37.35% of households who rent are overburdened in Wabasha County.1

Area Median Income In Wabasha 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 Wabasha County, HUD calculates the Area Median Income for a family of four as $75,900

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 Wabasha 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 Wabasha County HUD Rental Assistance in Wabasha County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,950 $18,200 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,600 $30,400 $34,200 $37,950 $41,000 $44,050 $47,100 $50,100
80% of Median $42,500 $48,600 $54,650 $60,700 $65,600 $70,450 $75,300 $80,150
Low Income Housing Tax Credits in Wabasha County

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

From 1989 to 2005, 2 low income apartment communities containing 43 rental apartments have been constructed and made affordable to low income persons in Wabasha 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 Wabasha County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,600 $30,400 $34,200 $37,950 $41,000 $44,050 $47,100 $50,100
60% of Median $31,920 $36,480 $41,040 $45,540 $49,200 $52,860 $56,520 $60,120

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 Wabasha County is $41,040 a year, or $3,420 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,420 by 30% to get a maximum rent of $1,026 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% $665 $713 $855 $987 $1,101 $1,215
60% $798 $855 $1,026 $1,184 $1,322 $1,458
Fair Market Rents in Wabasha 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
$507 $650 $772 $1,114 $1,346

Cities In Wabasha County

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

City Listings Served By
Wabasha 1 The HUD funded Public Housing Agency that serves Wabasha is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Plainview 4 The HUD funded Public Housing Agency that serves Plainview is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Mazeppa 1 The HUD funded Public Housing Agency that serves Mazeppa is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Chester 0 The HUD funded Public Housing Agency that serves Chester is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Elgin 0 The HUD funded Public Housing Agency that serves Elgin is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Elginship 0 The HUD funded Public Housing Agency that serves Elginship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Gillford 0 The HUD funded Public Housing Agency that serves Gillford is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Glasgow 0 The HUD funded Public Housing Agency that serves Glasgow is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Greenfield 0 The HUD funded Public Housing Agency that serves Greenfield is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Hammond 0 The HUD funded Public Housing Agency that serves Hammond is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Highland 0 The HUD funded Public Housing Agency that serves Highland is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Hyde Park 0 The HUD funded Public Housing Agency that serves Hyde Park is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Kellogg 0 The HUD funded Public Housing Agency that serves Kellogg is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Lake 0 The HUD funded Public Housing Agency that serves Lake is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Mazeppaship 0 The HUD funded Public Housing Agency that serves Mazeppaship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Millville 0 The HUD funded Public Housing Agency that serves Millville is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Minneiska 0 The HUD funded Public Housing Agency that serves Minneiska is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Minneiskaship 0 The HUD funded Public Housing Agency that serves Minneiskaship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Mount Pleasant 0 The HUD funded Public Housing Agency that serves Mount Pleasant is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Oakwood 0 The HUD funded Public Housing Agency that serves Oakwood is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Pepin 0 The HUD funded Public Housing Agency that serves Pepin is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Plainviewship 0 The HUD funded Public Housing Agency that serves Plainviewship is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Watopa 0 The HUD funded Public Housing Agency that serves Watopa is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
West Albany 0 The HUD funded Public Housing Agency that serves West Albany is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Zumbro 0 The HUD funded Public Housing Agency that serves Zumbro is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.
Zumbro Falls 0 The HUD funded Public Housing Agency that serves Zumbro Falls is the Southeastern Minnesota Multi-County Housing and Redevelopment Authority.