About This Property
Sibley Park Apartments comprises 60 units in Mankato, Minnesota, with 53 units designated as low-income housing. The property, placed in service in 2013, offers a mix of one, two, and three-bedroom floor plans and serves families and individuals experiencing homelessness. The development is owned by a non-profit organization and financed through the 9% Low-Income Housing Tax Credit program.
Waitlist Information
Waitlist managed by Mankato Economic Development Authority
The Public Housing waitlist is open only to households meeting occupancy standards for 1, 3, 4, or 5 bedroom units and qualifying for residency preference in Blue Earth County. Local preferences include veteran status or displacement due to domestic violence. Only one application per household is permitted.
The Housing Choice Voucher program is open only to households that qualify for preference, including those with children under 18 in specific counties, veterans, or applicants displaced by natural disaster or government action. Applicants must not exceed the very low income limit.
Waitlist data provided by section8waitlist.org
Updated May 28, 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 |
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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 Sibley Park Apartments is typically 30% of household income or less.
What size apartments are available at Sibley Park Apartments?+
Sibley Park Apartments offers the following unit types: 10 One-Bedroom, 28 Two-Bedroom, 22 Three-Bedroom units, for a total of 60 units.
Is there a waitlist for Sibley Park Apartments?+
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.
How do I apply for housing at Sibley Park Apartments?+
Sibley Park Apartments 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.
Who manages Sibley Park Apartments?+
Sibley Park Apartments is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Mankato, MN?+
Based on Fair Market Rent for Blue Earth County, the estimated price range is: 1-bedroom: $903, 2-bedroom: $1101, 3-bedroom: $1552. Actual rent at Sibley Park Apartments may be lower for income-eligible households.
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.
Who is eligible to live at Sibley Park Apartments?+
Sibley Park Apartments primarily serves families, formerly homeless individuals. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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