Low Income Apartments and Affordable Housing For Rent in Waite Park, MN

Discover affordable housing in Waite Park where there are 7+ 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.

Park Villas

500 3rd St S #105, Waite Park, Minnesota 56387

bed 2-3
switch_access_shortcut Short Wait
accessibility Accessible

Park Meadows

408 Park Meadows Dr, Waite Park, Minnesota 56387

bed 1-3
payment $830-1335/mo.

Prosper West

690 Prosper Dr, Waite Park, Minnesota 56387

bed 2
payment $1075/mo.

Westchester LLC

40 15th Ave N, Waite Park, Minnesota 56387

bed 1-2
payment $750-880/mo.

Waite Park Crossing

340 2nd Ave S, Waite Park, Minnesota 56387

bed 2
payment $975/mo.

330 2nd Ave S Unit 326

330 2nd Ave S Unit 326, Waite Park, Minnesota 56387

bed 2
payment $1125/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

320 2nd Ave S Unit 201

320 2nd Ave S Unit 201, Waite Park, Minnesota 56387

bed 2
payment $1125/mo.

How To Identify Affordable Housing in Waite Park, 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 Waite Park, Minnesota
$21.88/hour
$13.03 (+147%) more than Minnesota minimum wage and $14.63 (+202%) more than the Federal minimum wage.
Learn More About Waite Park, Minnesota Affordable Housing ↓

What HUD offices serve Waite Park, 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 Waite Park, Minnesota.

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

How many renters live in Waite Park, Minnesota?

The City of Waite Park has people living in households.

There are renters living in renter households in this City. Renters make up 49.4 percent of the population living in Waite Park.

What is the rental market like in Waite Park, Minnesota?

There are an estimated housing units in the Waite Park area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Waite Park, Minnesota, there are 1.02 rental units.

What is the vacancy rate for rentals in Waite Park?

The rental vacancy rate in Waite Park is 2 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 Waite Park for each bedroom size?

Occupied Rental Units by Size in Waite Park
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
30 355 1,417 122 35
Occupied Rental Units by Size in Waite Park

A large number of apartments in Waite Park 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 Waite Park

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $877 to $1,820. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $877
One BR $906
Two BR $1,155
Three BR $1,531
Four BR $1,820
2024 Fair Market Rents in Waite Park, Minnesota

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

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 26 87 percent
One BR 221 62 percent
Two BR 782 55 percent
Rental Units Below FMR in Waite Park, Minnesota

How many affordable rental units are in Waite Park?

Income Based Apartments in Waite Park, Minnesota

Waite Park features 0 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 Waite Park, Minnesota

There are 95 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waite Park.

Housing Choice Vouchers in Waite Park, Minnesota

On average, Section 8 Housing Choice vouchers pay Waite Park landlords $400 per month towards rent. The average voucher holder contributes $400 towards rent in Waite Park.

The maximum amount a voucher would pay on behalf of a low-income tenant in Waite Park, Minnesota for a two-bedroom apartment is between $1,040 and $1,271.

Sourced from federal housing data and AffordableHousingOnline.com research.

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