About This Property
Lakeview Terrace comprises 18 units in Walker, Minnesota, with 17 designated as low-income housing. The property was placed in service in 2000 and includes 12 two-bedroom and 6 three-bedroom units, financed through 9% Low-Income Housing Tax Credits. The community is managed by professional property management staff.
Waitlist Information
Waitlist managed by Housing and Redevelopment Authority of Walker, Minnesota
Eligibility is based on annual gross income, qualifying as elderly, a person with a disability, or as a family, and U.S. citizenship or eligible immigration status; income limits are set by HUD, and references are checked.
Eligibility is generally based on income (below 50% of Area Median Income), family size, and citizenship status.
Waitlist data provided by section8waitlist.org
Updated May 28, 2026
Property Details
Fair Market Rent - Cass 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 | $791 |
| 1 Bedroom | $849 |
| 2 Bedroom | $953 |
| 3 Bedroom | $1,260 |
| 4 Bedroom | $1,441 |
Income Limits - Cass County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,650
- Very Low (50%)
- $26,100
- Low (80%)
- $41,750
- Extremely Low (30%)
- $17,900
- Very Low (50%)
- $29,800
- Low (80%)
- $47,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,550
- Low (80%)
- $53,650
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,250
- Low (80%)
- $59,600
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,250
- Low (80%)
- $64,400
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,250
- Low (80%)
- $69,150
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,200
- Low (80%)
- $73,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,200
- Low (80%)
- $78,700
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,650 | $26,100 | $41,750 |
| 2 Persons | $17,900 | $29,800 | $47,700 |
| 3 Persons | $21,960 | $33,550 | $53,650 |
| 4 Persons | $26,500 | $37,250 | $59,600 |
| 5 Persons | $31,040 | $40,250 | $64,400 |
| 6 Persons | $35,580 | $43,250 | $69,150 |
| 7 Persons | $40,120 | $46,200 | $73,950 |
| 8 Persons | $44,660 | $49,200 | $78,700 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Walker, MN?+
The Fair Market Rent (FMR) for Cass County, MN is: $791 (Studio), $849 (1BR), $953 (2BR), $1260 (3BR), $1441 (4BR). Actual rent at subsidized properties like Lakeview Terrace is typically 30% of household income or less.
What size apartments are available at Lakeview Terrace?+
Lakeview Terrace offers the following unit types: 12 Two-Bedroom, 6 Three-Bedroom units, for a total of 18 units.
What is the price range for apartments in Walker, MN?+
Based on Fair Market Rent for Cass County, the estimated price range is: 2-bedroom: $953, 3-bedroom: $1260. Actual rent at Lakeview Terrace may be lower for income-eligible households.
How do I apply for housing at Lakeview Terrace?+
Lakeview Terrace 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 Lakeview Terrace?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Who manages Lakeview Terrace?+
Lakeview Terrace is managed by . You can reach them at .
What are the income limits for affordable housing in Cass County, MN?+
For a 4-person household in Cass County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,250, Low Income (80% AMI): $59,600. These limits are set by HUD and updated annually.
Walk Score
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