About This Property
Pickerel Park Townhomes comprises 24 units in Albert Lea, Minnesota, with 23 designated as low-income housing. The community features a mix of twelve 2-bedroom and twelve 3-bedroom townhomes and has been in service since 2001. The property is supported by 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing and Redevelopment Authority in and for the City of Albert Lea, Minnesota
Eligibility for Public Housing is based on annual gross income, qualifying as elderly, disabled, or a family, and U.S. citizenship or eligible immigration status; units include Shady Oaks high-rise (one-bedroom) and scattered site homes (two, three, and four-bedroom).
Eligibility for HCV is based on annual gross income, qualifying as elderly, disabled, or a family, and U.S. citizenship or eligible immigration status; applications can be picked up, dropped off, or mailed, and the HRA does not discriminate based on race, color, national origin, religion, sex, familial status, or physical or mental disability.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Freeborn 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 | $659 |
| 1 Bedroom | $740 |
| 2 Bedroom | $972 |
| 3 Bedroom | $1,239 |
| 4 Bedroom | $1,402 |
Income Limits - Freeborn 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Albert Lea, MN?+
The Fair Market Rent (FMR) for Freeborn County, MN is: $659 (Studio), $740 (1BR), $972 (2BR), $1239 (3BR), $1402 (4BR). Actual rent at subsidized properties like Pickerel Park Townhomes is typically 30% of household income or less.
What size apartments are available at Pickerel Park Townhomes?+
Pickerel Park Townhomes offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
Is there a waitlist for Pickerel Park Townhomes?+
Public Housing waitlist is currently Closed. 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.
What are the income limits for affordable housing in Freeborn County, MN?+
For a 4-person household in Freeborn 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.
How do I apply for housing at Pickerel Park Townhomes?+
Pickerel Park 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 Pickerel Park Townhomes?+
Pickerel Park Townhomes is managed by . You can reach them at .
What is the price range for apartments in Albert Lea, MN?+
Based on Fair Market Rent for Freeborn County, the estimated price range is: 2-bedroom: $972, 3-bedroom: $1239. Actual rent at Pickerel Park Townhomes may be lower for income-eligible households.
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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