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 12 two-bedroom and 12 three-bedroom townhomes and has been in service since 2001, utilizing 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 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; declining two invitations will purge the application from the waitlist.
Eligibility is based on income, family status (elderly, disabled), and citizenship; applications can be picked up, dropped off, or mailed to the HRA office.
Waitlist data provided by section8waitlist.org
Updated April 17, 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.
Who manages Pickerel Park Townhomes?+
Pickerel Park Townhomes is managed by . You can reach them at .
Is there a waitlist for Pickerel Park 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.
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.
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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