Steele County, MN
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $787/mo | $708 – $866/mo |
| 1 BR | $870/mo | $783 – $957/mo |
| 2 BR | $1,142/mo | $1,028 – $1,256/mo |
| 3 BR | $1,549/mo | $1,394 – $1,704/mo |
| 4 BR | $1,816/mo | $1,634 – $1,998/mo |
Fair Market Rent by unit size — Steele County, MN (FY 2026)
Source: HUD FY 2026 data for Steele County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authority serving Steele County
- OWATONNA HRA
540 W Hills Cir, Owatonna, MN, 55060 · 5077747318
Am I eligible?
To qualify for a Housing Choice Voucher in Steele County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $40,950 |
| 2 people | $46,800 |
| 3 people | $52,650 |
| 4 people | $58,500 |
| 5 people | $63,200 |
| 6 people | $67,900 |
| 7 people | $72,550 |
| 8 people | $77,250 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Steele County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
EASTGATE APARTMENTS
407 CHERRY STREET, OWATONNA, MN, 5506036 income-restricted units8 1BR, 28 2BRBuilt 20214% LIHTCCompliance through ~2051- Elderly
NORTHGATE APARTMENTS
131 ROSE ST, OWATONNA, MN, 5506036 income-restricted units9 1BR, 27 2BRBuilt 20164% LIHTCCompliance through ~2046 WILLOW RUN TOWNHOMES PHASE II
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 5506028 income-restricted units of 32 total32 3BRBuilt 2004Compliance through ~2034CEDARDALE PLACE A/K/A CEDARDALE SOUTH
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 5506097 income-restricted units of 98 total67 1BR, 21 2BR, 10 3BRBuilt 20029% LIHTCCompliance through ~2032PRAIRIE VILLA I
MULTIPLE BUILDING ADDRESSES, BLOOMING PRAIRIE, MN, 5591712 income-restricted units6 2BR, 6 3BRBuilt 1999Compliance through ~2029WILLOW RUN TOWNHOMES
MULTIPLE BUILDING ADDRESSES, OWATONNA, MN, 5506022 income-restricted units of 24 total23 3BR, 1 4BR+Built 19994% LIHTCCompliance through ~2029CEDAR RUN TOWNHOMES
2300 CEDAR AVE N, OWATONNA, MN, 5506023 income-restricted units of 24 total24 3BRBuilt 19974% LIHTCCompliance through ~2027
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Steele County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →