Affordable Housing In Worthington
Nobles County, Minnesota

13 Low Income Apartment Communities In Worthington

New Castle Townhomes

2218 Castlewood Dr
Worthington, MN
$640-870
2-4 BR
HCV Welcome

Grand Terrace Apartments

1585 Grand Ave
Worthington, MN
$595-795
1-3 BR
HCV Welcome

Viking Terrace Apartments

1440 Burlington Ave N
Worthington, MN
Income Based
1-3 BR
HCV Welcome

Okabena Towers

212 12th St
Worthington, MN
Call For Rent
1 BR
Subsidized

Ridgewood

1381 Knollwood Dr
Worthington, MN
62+
Accessible
Elderly Supportive Housing
Subsidized

Asi Worthington

2011 Nobles St
Worthington, MN
62+
Accessible
Elderly Supportive Housing
Subsidized

Windsor Apartments

1213 6th Ave
Worthington, MN
62+
Accessible
Elderly Supportive Housing
Subsidized

Atrium Highrise

819 10th St
Worthington, MN

Sunshine Apartments

1620 Clary St
Worthington, MN
Subsidized

Lenore Manor

808 Thompson Ave
Worthington, MN
Subsidized

Housing Authorities that serve Worthington

Housing Authority Programs
Worthington Housing and Redevelopment Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Worthington, Minnesota

According to federal housing data and AffordableHousingOnline.com research, there are 13 low income housing apartment communities offering 516 affordable apartments for rent in Worthington, Minnesota. Worthington features 306 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 210 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Worthington.

Worthington, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 13
Total Low Income Apartments 516
Total Housing Units with Rental Assistance 306
Percentage of Housing Units Occupied By Renters 38.1%
Average Renter Household Size 2.83
Average Household Size 2.89
Median Household Income $47,467 ±$4,428
Median Rent $630 ±$50
Percentage Of Renters Overburdened 44.04% ± 10.23pp
Total Population 12,990

Population and Household Demographics

Worthington is a City in Nobles County, Minnesota with a population of 12,990. There are 4,362 households in the city with an average household size of 2.89 persons. 38.1% of households in Worthington are renters.

Income and Rent Overburden in Worthington

The median gross income for households in Worthington is $47,467 a year, or $3,956 a month. The median rent for the city is $630 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Worthington, a household making less than $2,100 a month would be considered overburdened when renting an apartment at or above the median rent. 44.04% of households who rent are overburdened in Worthington.1

Area Median Income In Worthington

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 Worthington, the AMI is calculated from all households within Nobles County.

In Worthington, HUD calculates the Area Median Income for a family of four as $65,000

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 Worthington

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 Worthington HUD Rental Assistance in Worthington

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 Worthington

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

From 1988 to 1997, 4 low income apartment communities containing 148 rental apartments have been constructed and made affordable to low income persons in Worthington 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 Worthington

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 Worthington 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 Worthington

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
$572 $576 $758 $1,009 $1,027