About This Property
Mankato Townhomes comprises 24 low-income units in Mankato, Minnesota, offering a mix of twelve 2-bedroom and twelve 3-bedroom townhomes. The property has been in service since 2000 and is financed through 9% Low-Income Housing Tax Credits. Prospective residents or partners can contact the property management for additional information regarding availability and leasing.
Waitlist Information
Waitlist managed by Mankato Economic Development Authority
The waiting list is open only to households that meet occupancy standards for 1, 3, 4, or 5 bedroom units and qualify for residency preference, veteran status, or displacement due to domestic violence; only one application per household is allowed.
The waiting list is open only to households that qualify for preference including residency (live, work, or attend school in Blue Earth, Pipestone, or Rock County), veteran status, or displacement due to natural disaster, government action, or domestic violence; applicants must not exceed very low income limits, and only one application per household is accepted.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Blue Earth 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 - Blue Earth 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mankato, MN?+
The Fair Market Rent (FMR) for Blue Earth County, MN is: $897 (Studio), $903 (1BR), $1101 (2BR), $1552 (3BR), $1868 (4BR). Actual rent at subsidized properties like Mankato Townhomes is typically 30% of household income or less.
What size apartments are available at Mankato Townhomes?+
Mankato Townhomes offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
What are the income limits for affordable housing in Blue Earth County, MN?+
For a 4-person household in Blue Earth County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $40,250, Low Income (80% AMI): $64,400. These limits are set by HUD and updated annually.
What is the price range for apartments in Mankato, MN?+
Based on Fair Market Rent for Blue Earth County, the estimated price range is: 2-bedroom: $1101, 3-bedroom: $1552. Actual rent at Mankato Townhomes may be lower for income-eligible households.
Who manages Mankato Townhomes?+
Mankato Townhomes is managed by . You can reach them at .
How do I apply for housing at Mankato Townhomes?+
Mankato Townhomes is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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.
Is there a waitlist for Mankato Townhomes?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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