Affordable Housing In Willmar
Kandiyohi County, Minnesota

15 Low Income Apartment Communities In Willmar

Park Avenue Apartments

1401 19th Ave SE
Willmar, MN
HCV Welcome

Lakeview Apartments

300 7th St NW
Willmar, MN

Waters Edge Apartments

420 30th St NW
Willmar, MN
HCV Welcome

Cedar Pointe Apartments

515 Lakeland Dr SE
Willmar, MN
HCV Welcome

Lake Place II

1421 Lake Ave NW
Willmar, MN
HCV Welcome

Housing Authorities that serve Willmar

Housing Authority Programs
Willmar Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing
Kandiyohi County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Willmar

Housing Authority Programs
McLeod County Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Willmar, Minnesota

There are 15 low income housing apartment communities offering 883 affordable apartments for rent in Willmar, Minnesota. Willmar features 564 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 319 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Willmar.

Sourced from federal housing data and AffordableHousingOnline.com research.

Willmar, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 883
Total Housing Units with Rental Assistance 564
Percentage of Housing Units Occupied By Renters 43.07%
Average Renter Household Size 2.14
Average Household Size 2.42
Median Household Income $42,250 ±$2,308
Median Rent $653 ±$30
Percentage Of Renters Overburdened 52.13% ± 7.48pp
Total Population 19,685

Population and Household Demographics

Willmar is a City in Kandiyohi County, Minnesota with a population of 19,685. There are 7,785 households in the city with an average household size of 2.42 persons. 43.07% of households in Willmar are renters.

Income and Rent Overburden in Willmar

The median gross income for households in Willmar is $42,250 a year, or $3,521 a month. The median rent for the city is $653 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Willmar, a household making less than $2,177 a month would be considered overburdened when renting an apartment at or above the median rent. 52.13% of households who rent are overburdened in Willmar.1

Area Median Income In Willmar

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 Willmar, the AMI is calculated from all households within Kandiyohi County.

In Willmar, HUD calculates the Area Median Income for a family of four as $71,600

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 Willmar

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 Willmar HUD Rental Assistance in Willmar

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
Low Income Housing Tax Credits in Willmar

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

From 1987 to 1998, 6 low income apartment communities containing 254 rental apartments have been constructed and made affordable to low income persons in Willmar 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 Willmar

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 Willmar 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 Willmar

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
$573 $613 $770 $1,111 $1,314