1225 3rd Ave, Mountain Lake, MN, 56159
Fair Market Rent - Cottonwood County, MN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $613 |
| 1 Bedroom | $751 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,128 |
| 4 Bedroom | $1,254 |
Income Limits - Cottonwood County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
Frequently Asked Questions About Housing in Mountain Lake, MN
How many affordable housing options are in Mountain Lake, Minnesota?+
There are 2 affordable housing properties in Mountain Lake, Minnesota, including 1 public housing, 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Mountain Lake, Minnesota?+
The average rent for affordable housing in Mountain Lake, Minnesota is approximately $297 per month. Actual rent may be lower based on your income level and the specific housing program. Most subsidized housing charges tenants 30% of their adjusted gross income.
How do I apply for Section 8 housing in Mountain Lake, Minnesota?+
To apply for Section 8 (Housing Choice Voucher) in Mountain Lake, Minnesota, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Cottonwood County, Minnesota?+
For a 4-person household in Cottonwood County, Minnesota, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Mountain Lake, Minnesota?+
Currently, no housing authority waitlists are reported as open in Mountain Lake, Minnesota. However, waitlists open and close regularly. We recommend contacting the housing authorities directly for the most current status, or checking back frequently as we update this information regularly.
What types of affordable housing are available in Mountain Lake, Minnesota?+
Mountain Lake, Minnesota has the following types of affordable housing: Public Housing (government-owned units with income-based rent); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Mountain Lake, Minnesota?+
Mountain Lake, Minnesota has an estimated population of 2,022. With 2 affordable housing properties serving the area, there are housing assistance options available for eligible residents.