About This Property
Prestwick Townhomes comprises 40 low-income units in Rosemount that were placed in service in 2020. The community serves families and disabled residents across a mix of one-, two-, and three-bedroom floor plans. The property is funded through HOME and financed with 9% Low-Income Housing Tax Credits.
Property Details
Fair Market Rent - Dakota 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 | $1,174 |
| 1 Bedroom | $1,327 |
| 2 Bedroom | $1,622 |
| 3 Bedroom | $2,188 |
| 4 Bedroom | $2,478 |
Income Limits - Dakota County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,050
- Very Low (50%)
- $36,750
- Low (80%)
- $55,950
- Extremely Low (30%)
- $25,200
- Very Low (50%)
- $42,000
- Low (80%)
- $63,950
- Extremely Low (30%)
- $28,350
- Very Low (50%)
- $47,250
- Low (80%)
- $71,950
- Extremely Low (30%)
- $31,450
- Very Low (50%)
- $52,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $34,000
- Very Low (50%)
- $56,650
- Low (80%)
- $86,300
- Extremely Low (30%)
- $36,500
- Very Low (50%)
- $60,850
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $65,050
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $69,250
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,050 | $36,750 | $55,950 |
| 2 Persons | $25,200 | $42,000 | $63,950 |
| 3 Persons | $28,350 | $47,250 | $71,950 |
| 4 Persons | $31,450 | $52,450 | $79,900 |
| 5 Persons | $34,000 | $56,650 | $86,300 |
| 6 Persons | $36,500 | $60,850 | $92,700 |
| 7 Persons | $40,120 | $65,050 | $99,100 |
| 8 Persons | $44,660 | $69,250 | $105,500 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Rosemount, MN?+
The Fair Market Rent (FMR) for Dakota County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Prestwick Townhomes is typically 30% of household income or less.
What size apartments are available at Prestwick Townhomes?+
Prestwick Townhomes offers the following unit types: 6 One-Bedroom, 21 Two-Bedroom, 13 Three-Bedroom units, for a total of 40 units.
What is the price range for apartments in Rosemount, MN?+
Based on Fair Market Rent for Dakota County, the estimated price range is: 1-bedroom: $1327, 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Prestwick Townhomes may be lower for income-eligible households.
What are the income limits for affordable housing in Dakota County, MN?+
For a 4-person household in Dakota County, MN, the income limits are: Extremely Low Income (30% AMI): $31,450, Very Low Income (50% AMI): $52,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
How do I apply for housing at Prestwick Townhomes?+
Prestwick 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.
Who manages Prestwick Townhomes?+
Prestwick Townhomes is managed by . You can reach them at .
Who is eligible to live at Prestwick Townhomes?+
Prestwick Townhomes primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Prestwick Townhomes
Portland N&S Biscayne Townhomes Office
Rosemount, MN
4 UnitsPark Place Townhomes
Rosemount, MN
36 UnitsParkside Townhomes
Rosemount, MN
22 UnitsParkside Townhomes
Rosemount, MN
22 UnitsBlackberry Pointe Apartments Fka Brentwood Hills
Inver Grove Heights, MN
219 UnitsWaterford Commons
Rosemount, MN
108 Units