Fair Market Rent - Nicollet 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 | $897 |
| 1 Bedroom | $903 |
| 2 Bedroom | $1,101 |
| 3 Bedroom | $1,552 |
| 4 Bedroom | $1,868 |
Income Limits - Nicollet County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,950
- Very Low (50%)
- $28,200
- Low (80%)
- $45,100
- Extremely Low (30%)
- $19,350
- Very Low (50%)
- $32,200
- Low (80%)
- $51,550
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $36,250
- Low (80%)
- $58,000
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $46,700
- Low (80%)
- $74,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,950
- Low (80%)
- $79,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $53,150
- Low (80%)
- $85,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,950 | $28,200 | $45,100 |
| 2 Persons | $19,350 | $32,200 | $51,550 |
| 3 Persons | $21,960 | $36,250 | $58,000 |
| 4 Persons | $26,500 | $40,250 | $64,400 |
| 5 Persons | $31,040 | $43,500 | $69,600 |
| 6 Persons | $35,580 | $46,700 | $74,750 |
| 7 Persons | $40,120 | $49,950 | $79,900 |
| 8 Persons | $44,660 | $53,150 | $85,050 |
All Cities in Nicollet County
Frequently Asked Questions About Housing in Nicollet County, MN
How many affordable housing options are in Nicollet County, Minnesota?+
Nicollet County, Minnesota has 21 affordable housing listings across 3 cities, with a total of 135 housing units. This includes 2 public housing, 10 LIHTC, and 9 housing authority listings.
What cities in Nicollet County have affordable housing?+
Nicollet County has affordable housing in 3 cities. The top cities include Saint Peter, North Mankato, St Peter. Browse the city listings on this page to see all available options by location.
What are the Fair Market Rents in Nicollet County, Minnesota?+
The HUD Fair Market Rent (FMR) for Nicollet County, Minnesota is: Studio: $897, 1BR: $903, 2BR: $1101, 3BR: $1552, 4BR: $1868. FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit. Subsidized housing typically charges 30% of the tenant's income.
What are the income limits for affordable housing in Nicollet County, Minnesota?+
For a 4-person household in Nicollet County, Minnesota: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,250, Low Income (80% AMI): $64,400. These HUD-set limits determine eligibility for various housing programs and are updated annually.
How do I apply for affordable housing in Nicollet County, Minnesota?+
To apply for affordable housing in Nicollet County, Minnesota: 1) Browse the listings on this page to find properties in your preferred city, 2) Contact the property or housing authority directly, 3) Complete their application, and 4) Provide proof of income and household size. Waitlist times vary — apply to multiple properties to maximize your chances.
What types of housing programs are available in Nicollet County, Minnesota?+
Nicollet County, Minnesota offers three main types of affordable housing: Public Housing (2 listings) — government-owned properties with income-based rent; LIHTC (10 listings) — privately owned apartments built with tax credits, offering below-market rents; and Housing Authorities (9 listings) — agencies administering Section 8 vouchers and public housing programs.
How large is the population of Nicollet County?+
Nicollet County has an estimated population of 28,113 across 3 cities. With 21 affordable housing properties serving the area, the county provides a range of housing assistance options for eligible residents.