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Affordable Housing In Waseca County
Minnesota

13 Low Income Apartment Communities In Waseca County

Summit on Second

1301 2nd St NW
Waseca, Minnesota
Subsidized

Northridge Plaza

300 15th Ave NE
Waseca, Minnesota
Subsidized

Normandy Apartments

208 14th Ave NE
Waseca, Minnesota
Subsidized

Maple Terrace

308 2nd Ave NW
Waseca, Minnesota

Royal Villa Apartments

221 1st St NE
New Richland, Minnesota

Janesville

106 E North St
Janesville, Minnesota

Parkview Estates

421 Johnson Ave SW
Waseca, Minnesota

Charter Oaks Townhouses

221 Lake St NW
Waseca, Minnesota

Country Garden Apt

21 Blashack Street
Waldorf, Minnesota

B&r Apartments

108 14th Avenue Ne
Waseca, Minnesota

Housing Authorities that serve Waseca County

Housing Authority Programs
South Central Minnesota Multi County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Waseca County, Minnesota

There are 13 low income housing apartment communities offering 434 affordable apartments for rent in Waseca County, Minnesota.

Income Based Apartments in Waseca County, Minnesota

Waseca County features 363 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 Waseca County, Minnesota

There are 71 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Waseca County.

Housing Choice Vouchers in Waseca County, Minnesota

On average, Section 8 Housing Choice vouchers pay Waseca County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Waseca County.

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

2020 Waseca 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 $539 $542 $714 $1,030 $1,054
Payment Standard Range $485 to $593 $488 to $596 $643 to $785 $927 to $1,133 $949 to $1,159

Sourced from federal housing data and AffordableHousingOnline.com research.

Waseca County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 434
Total Housing Units with Rental Assistance 363
Percentage of Housing Units Occupied By Renters 22.61%
Average Renter Household Size 1.91
Average Household Size 2.43
Median Household Income $53,564 ±$3,614
Median Rent $571 ±$24
Percentage Of Renters Overburdened 30.01% ± 7.95pp
Total Population 19,076

Population and Household Demographics

Waseca County is a county in Minnesota with a population of 19,076. There are 7,325 households in the county with an average household size of 2.43 persons. 22.61% of households in Waseca County are renters.

Income and Rent Overburden in Waseca County

The median gross income for households in Waseca County is $53,564 a year, or $4,464 a month. The median rent for the county is $571 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Waseca County, a household making less than $1,903 a month would be considered overburdened when renting an apartment at or above the median rent. 30.01% of households who rent are overburdened in Waseca County.

Area Median Income In Waseca 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 Waseca County, HUD calculates the Area Median Income for a family of four as $75,200

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 Waseca 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 Waseca County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,800 $18,050 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $26,350 $30,100 $33,850 $37,600 $40,650 $43,650 $46,650 $49,650
80% of Median $42,150 $48,150 $54,150 $60,150 $65,000 $69,800 $74,600 $79,400

Cities In Waseca County

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

City Served By
Alton The HUD funded Public Housing Agency that serves Alton is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Blooming Grove The HUD funded Public Housing Agency that serves Blooming Grove is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Byron The HUD funded Public Housing Agency that serves Byron is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Freedom The HUD funded Public Housing Agency that serves Freedom is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Iosco The HUD funded Public Housing Agency that serves Iosco is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Janesville The HUD funded Public Housing Agency that serves Janesville is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Janesvilleship The HUD funded Public Housing Agency that serves Janesvilleship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
New Richland The HUD funded Public Housing Agencies that serve New Richland are the Housing and Redevelopment Authority of New Richland and South Central Minnesota Multi County Housing and Redevelopment Authority.
New Richlandship The HUD funded Public Housing Agency that serves New Richlandship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Otisco The HUD funded Public Housing Agency that serves Otisco is the South Central Minnesota Multi County Housing and Redevelopment Authority.
St. Mary The HUD funded Public Housing Agency that serves St. Mary is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Vivian The HUD funded Public Housing Agency that serves Vivian is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Waldorf The HUD funded Public Housing Agency that serves Waldorf is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Waseca The HUD funded Public Housing Agencies that serve Waseca are the Housing and Redevelopment Authority of Waseca and South Central Minnesota Multi County Housing and Redevelopment Authority.
Wilton The HUD funded Public Housing Agency that serves Wilton is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Woodville The HUD funded Public Housing Agency that serves Woodville is the South Central Minnesota Multi County Housing and Redevelopment Authority.