Affordable & Low-Income Housing in Minneapolis, MN 55454
6 affordable buildings in 55454 · 146 more within 3 mi
Minneapolis, MN 55454 has 6 income-restricted buildings: 4 tax credit, 1 public housing, and 2 Section 8. 146 more are listed within 3 miles. These lists don't show openings — call to ask about vacancies and waiting lists.
In 55454
Riverside Plaza
1525 S 4th St, Minneapolis, MN 55454
1,303 units · 1,200 income-restricted · Studio–2 BR · People experiencing homelessness
Cedar
630 Cedar Ave S, Minneapolis, MN 55454
718 units · 1–2 BR
- Apply through PHA in and for the City of Minneapolis
FIVE15 on the Park
515 15th Avenue South, Minneapolis, MN 55454
259 units · 130 income-restricted · Studio–3 BR · People with disabilities
Riverside Homes
1808 Riverside Avenue Suite 209, Minneapolis, MN 55454
191 units · Studio–4+ BR
- Several buildings — call for addresses
Blue Goose Apartments
1825 5th Street South, Minneapolis, MN 55454
38 units · Studio–3 BR
- Several buildings — call for addresses
No buildings in 55454 match this filter.
Nearby
The 20 closest of 146 in nearby ZIPs. Pick a ZIP below to see all of them.
Kosciolek House
2001 S Ninth St, Minneapolis, MN 55404
0.7 mi away
11 units · 1–2 BR · People with disabilities
Stone Arch
601 Main Street SE, Minneapolis, MN 55414
0.7 mi away
221 units · 92 income-restricted · Studio–2 BR
Seward Square
2121 S 9th St, Minneapolis, MN 55404
0.7 mi away
81 units · 1–2 BR · People with disabilities
Emanuel Housing
818 South 3rd Street, Minneapolis, MN 55415
0.7 mi away
101 units · Studio–1 BR · People with disabilities · People experiencing homelessness
East Village North
1105-1133 South 8th Street, Minneapolis, MN 55404
0.8 mi away
70 units · 40 income-restricted · Studio–4+ BR
St Anthony Mills Apartments
720 Washington Avenue South, Minneapolis, MN 55415
0.8 mi away
93 units · 85 income-restricted · Studio–2 BR · People with disabilities
Riverdale Station Apts.
233 Park Ave Ste 201, Minneapolis, MN 55415
0.8 mi away
65 units · 6 income-restricted · 1 BR
Anishinabe Bii Gii Wiin
1600 East 19th Street, Minneapolis, MN 55404
0.8 mi away
117 units · People experiencing homelessness
Barnabas Apartments
906 South 7th Street, Minneapolis, MN 55415
0.8 mi away
52 units · 42 income-restricted · Studio
Mino-Bimaadiziwin
2107 Cedar Ave S, Minneapolis, MN 55404
0.8 mi away
110 units · Studio–3 BR · People with disabilities
Many Rivers East
1518 East Franklin Avenue, Minneapolis, MN 55404
0.9 mi away
50 units · 37 income-restricted · 1–3 BR
VILLAGE AT FRANKLIN STATION fka 2100 BLOOMINGTON
2100 Bloomington Ave, Minneapolis, MN 55404
0.9 mi away
90 units · 1–2 BR · People with disabilities · People experiencing homelessness
Many Rivers West
1400 East Franklin Avenue, Minneapolis, MN 55404
0.9 mi away
28 units · 20 income-restricted · 1–3 BR
Elliot Park
1601 Elliot St, Minneapolis, MN 55404
0.9 mi away
30 units · 2–3 BR · People experiencing homelessness
No nearby buildings match this filter.
Rents and income limits in 55454
- Fair market rent, 2 bedrooms
- $1,540/mo
- Income needed to pay it at 30% of income
- $61,600/yr
- Renters in 55454 paying 30% or more of income on rent
- 63%
Income limits (2026)
Minneapolis-St. Paul-Bloomington, MN-WI area · median family income $131,500. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $27,650 | $46,050 | $73,650 |
| 2 | $31,600 | $52,600 | $84,200 |
| 3 | $35,550 | $59,200 | $94,700 |
| 4 | $39,450 | $65,750 | $105,200 |
| 5 | $42,650 | $71,050 | $113,650 |
| 6 | $45,800 | $76,300 | $122,050 |
| 7 | $50,040 | $81,550 | $130,450 |
| 8 | $55,720 | $86,800 | $138,900 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 55454 | Wider area |
|---|---|---|
| Studio | $1,120 | $1,265 |
| 1 bedroom | $1,270 | $1,427 |
| 2 bedrooms | $1,540 | $1,734 |
| 3 bedrooms | $2,040 | $2,264 |
| 4 bedrooms | $2,280 | $2,538 |
Wider area = Minneapolis-St. Paul-Bloomington, MN-WI. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,540 (55405) to $2,600 (55401).
Census figures for 55454 (2020–2024 average): median rent $943. Median household income $23,100. 92% of homes are rented. 63% of renters pay 30% or more of their income on rent, and 23% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 55454's fair market rent.
Estimate your Section 8 rent share for 55454Frequently Asked Questions
Is there Section 8 housing in Minneapolis, MN 55454?
Yes — this directory lists income-restricted buildings in Minneapolis, MN 55454, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Minneapolis, MN 55454 have openings?
These lists for Minneapolis, MN 55454 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Minneapolis, MN 55454?
Use the phone number on each building card in Minneapolis, MN 55454. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Minneapolis, MN 55454?
In Minneapolis, MN 55454, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 55454?
This directory lists 6 income-restricted buildings in Minneapolis, MN 55454. The list does not show vacancies — call each property or the housing authority to ask about openings and waiting lists.
Is there affordable housing near 55454?
Yes — this page also lists 146 income-restricted buildings in ZIP codes near Minneapolis, MN 55454 (within about 3 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Minneapolis, MN 55454?
Most income-restricted buildings in Minneapolis, MN 55454 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $46,050, and $65,750 for a 4-person household. Public housing can go up to 80% ($73,650 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Minneapolis, MN 55454?
For many programs in Minneapolis, MN 55454, the 2026 HUD very low-income (50%) limit is $46,050 a year for 1 person and $65,750 for 4 people. The low-income (80%) limit is $73,650 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How long is the waiting list for Section 8 in Minneapolis, MN 55454?
There is no single waiting list for Minneapolis, MN 55454. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Minneapolis, MN 55454?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. This page lists public housing, project-based Section 8, tax-credit apartments in Minneapolis, MN 55454. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Minneapolis, MN 55454?
In public housing and most Section 8 in Minneapolis, MN 55454, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Minneapolis, MN 55454 is $1,540 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Can I use a Section 8 voucher at affordable apartments in Minneapolis, MN 55454?
A Housing Choice Voucher is not automatically accepted at every building in Minneapolis, MN 55454. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Minneapolis, MN 55454?
This page may still list buildings in Minneapolis, MN 55454 that accept seniors without being senior-only. Use the filters and call to ask about age set-asides.
Nearby ZIP codes
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying.
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