About This Property
Fairmont Place contains 34 units designated for low-income residents in Fairmont, Minnesota. The property has been in service since 1990 and is located in Martin County.
Waitlist Information
Waitlist managed by Housing and Redevelopment Authority of Fairmont, Minnesota
The FHRA is accepting waiting list pre-applications for families and senior/disabled households, with a preference for senior or disabled applicants. Eligibility is based on annual gross income, qualifying as elderly, a person with a disability or as a family, and U.S. citizenship or eligible immigration status.
No current information was found for an open waitlist for the Section 8 (HCV) program.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Martin 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 | $624 |
| 1 Bedroom | $700 |
| 2 Bedroom | $920 |
| 3 Bedroom | $1,221 |
| 4 Bedroom | $1,225 |
Income Limits - Martin 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Fairmont, MN?+
The Fair Market Rent (FMR) for Martin County, MN is: $624 (Studio), $700 (1BR), $920 (2BR), $1221 (3BR), $1225 (4BR). Actual rent at subsidized properties like Fairmont Place is typically 30% of household income or less.
What are the income limits for affordable housing in Martin County, MN?+
For a 4-person household in Martin County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.
Is there a waitlist for Fairmont Place?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Fairmont Place?+
Fairmont Place is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Fairmont Place?+
Fairmont Place is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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