Affordable Housing In Watonwan County
Minnesota

7 Low Income Apartment Communities In Watonwan County

Hartshorn Manor

23 Benzel Ave NW
Madelia, MN
$654
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Twin Oaks Apartments

509 E Main St
Madelia, MN

Parkview Apartments

606 Dill Ave SW
Madelia, MN

Park Apartments

909 7th Ave N
St James, MN

Gem Apartments

412 E Main St
Madelia, MN

Somerset North Apartments

720 10th Ave N
St James, MN

Bell Apartments

411 5th Ave N
St James, MN
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Housing Authorities that serve Watonwan County

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

Other Housing Authorities located in Watonwan County

Housing Authority Programs
Housing and Redevelopment Authority of St. James Public Housing

Guide To Affordable Housing in Watonwan County, Minnesota

There are 7 low income housing apartment communities offering 217 affordable apartments for rent in Watonwan County, Minnesota. Watonwan County features 121 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 96 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Watonwan County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Watonwan County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 217
Total Housing Units with Rental Assistance 121
Percentage of Housing Units Occupied By Renters 25.66%
Average Renter Household Size 2.27
Average Household Size 2.45
Median Household Income $50,604 ±$1,759
Median Rent $566 ±$40
Percentage Of Renters Overburdened 27.06% ± 5.72pp
Total Population 11,054

Population and Household Demographics

Watonwan County is a County in Minnesota with a population of 11,054. There are 4,450 households in the county with an average household size of 2.45 persons. 25.66% of households in Watonwan County are renters.

Income and Rent Overburden in Watonwan County

The median gross income for households in Watonwan County is $50,604 a year, or $4,217 a month. The median rent for the county is $566 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Watonwan County, a household making less than $1,887 a month would be considered overburdened when renting an apartment at or above the median rent. 27.06% of households who rent are overburdened in Watonwan County.1

Area Median Income In Watonwan 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 Watonwan County, HUD calculates the Area Median Income for a family of four as $65,700

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 Watonwan 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 Watonwan County HUD Rental Assistance in Watonwan County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,200 $17,400 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
80% of Median $40,550 $46,350 $52,150 $57,900 $62,550 $67,200 $71,800 $76,450

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 Watonwan County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $25,350 $29,000 $32,600 $36,200 $39,100 $42,000 $44,900 $47,800
60% of Median $30,420 $34,800 $39,120 $43,440 $46,920 $50,400 $53,880 $57,360

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 Watonwan County is $39,120 a year, or $3,260 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,260 by 30% to get a maximum rent of $978 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% $634 $679 $815 $941 $1,050 $1,159
60% $761 $815 $978 $1,130 $1,260 $1,391
Fair Market Rents in Watonwan 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
$471 $627 $714 $964 $967

Cities In Watonwan County

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

City Listings Served By
Madelia 4 The HUD funded Public Housing Agency that serves Madelia is the South Central Minnesota Multi County Housing and Redevelopment Authority.
St James 3 The HUD funded Public Housing Agency that serves St James is the South Central Minnesota Multi County Housing and Redevelopment Authority.
St. James 0 The HUD funded Public Housing Agencies that serve St. James are the Housing and Redevelopment Authority of St. James and South Central Minnesota Multi County Housing and Redevelopment Authority.
Adrian 0 The HUD funded Public Housing Agency that serves Adrian is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Antrim 0 The HUD funded Public Housing Agency that serves Antrim is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Butterfield 0 The HUD funded Public Housing Agency that serves Butterfield is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Butterfieldship 0 The HUD funded Public Housing Agency that serves Butterfieldship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Darfur 0 The HUD funded Public Housing Agency that serves Darfur is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Fieldon 0 The HUD funded Public Housing Agency that serves Fieldon is the South Central Minnesota Multi County Housing and Redevelopment Authority.
La Salle 0 The HUD funded Public Housing Agency that serves La Salle is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Lewisville 0 The HUD funded Public Housing Agency that serves Lewisville is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Long Lake 0 The HUD funded Public Housing Agency that serves Long Lake is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Madeliaship 0 The HUD funded Public Housing Agency that serves Madeliaship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Nelson 0 The HUD funded Public Housing Agency that serves Nelson is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Odin 0 The HUD funded Public Housing Agency that serves Odin is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Odinship 0 The HUD funded Public Housing Agency that serves Odinship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Riverdale 0 The HUD funded Public Housing Agency that serves Riverdale is the South Central Minnesota Multi County Housing and Redevelopment Authority.
Rosendale 0 The HUD funded Public Housing Agency that serves Rosendale is the South Central Minnesota Multi County Housing and Redevelopment Authority.
St. Jamesship 0 The HUD funded Public Housing Agency that serves St. Jamesship is the South Central Minnesota Multi County Housing and Redevelopment Authority.
South Branch 0 The HUD funded Public Housing Agency that serves South Branch is the South Central Minnesota Multi County Housing and Redevelopment Authority.