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Affordable Housing In Yellow Medicine County

7 Low Income Apartment Communities In Yellow Medicine County

Valley View Apartments

102 Division St E
Canby, Minnesota

Valhalla Apartments

1012 12th Ave
Clarkfield, Minnesota

Yellow Medicine Manor

133 W 1st St
Hanley Falls, Minnesota

Clarkview Apartments

1113 11th Ave
Clarkfield, Minnesota

Twin Woods Apartments

1202 Haarfager Ave N
Canby, Minnesota

Countryside Manor

220 South Prairie Avenue
Porter, Minnesota

Lebens Raum

414 2nd Street West
Canby, Minnesota
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Guide To Affordable Housing in Yellow Medicine County, Minnesota

There are 7 low income housing apartment communities offering 116 affordable apartments for rent in Yellow Medicine County, Minnesota.

Income Based Apartments in Yellow Medicine County, Minnesota

Yellow Medicine County features 70 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 Yellow Medicine County, Minnesota

There are 46 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Yellow Medicine County.

Housing Choice Vouchers in Yellow Medicine County, Minnesota

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

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

2020 Yellow Medicine 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 $471 $575 $714 $964 $967
Payment Standard Range $424 to $518 $518 to $633 $643 to $785 $868 to $1,060 $870 to $1,064

Sourced from federal housing data and research.

Yellow Medicine County, MN Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 116
Total Housing Units with Rental Assistance 70
Percentage of Housing Units Occupied By Renters 21.16%
Average Renter Household Size 2.02
Average Household Size 2.33
Median Household Income $53,041 ±$2,157
Median Rent $578 ±$22
Percentage Of Renters Overburdened 37.95% ± 6.39pp
Total Population 10,092

Population and Household Demographics

Yellow Medicine County is a county in Minnesota with a population of 10,092. There are 4,196 households in the county with an average household size of 2.33 persons. 21.16% of households in Yellow Medicine County are renters.

Income and Rent Overburden in Yellow Medicine County

The median gross income for households in Yellow Medicine County is $53,041 a year, or $4,420 a month. The median rent for the county is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Yellow Medicine County, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 37.95% of households who rent are overburdened in Yellow Medicine County.

Area Median Income In Yellow Medicine 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 Yellow Medicine County, HUD calculates the Area Median Income for a family of four as $70,400

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 Yellow Medicine 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 Yellow Medicine County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,300 $17,450 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,450 $29,050 $32,700 $36,300 $39,250 $42,150 $45,050 $47,950
80% of Median $40,700 $46,500 $52,300 $58,100 $62,750 $67,400 $72,050 $76,700

Cities In Yellow Medicine County

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

City Served By
Clarkfield The HUD funded Public Housing Agency that serves Clarkfield is the Housing and Redevelopment Authority of Clarkfield.
Hanley Falls
Hazel Run
Hazel Runship
Minnesota Falls
Sioux Agency
St Leo
St. Leo
Stony Run
Swede Prairie
Wood Lake
Wood Lakeship