About This Property
Cambridge Town Square is a 76-unit affordable housing community in Cambridge, Minnesota that serves families with low incomes. The property, which opened in 2015, offers a mix of one-, two-, and three-bedroom units, with 54 two-bedroom units comprising the majority of available floor plans. The development receives 9% Low Income Housing Tax Credit financing and is currently in service.
Waitlist Information
Waitlist managed by Cambridge Economic Development Authority
The waiting list is currently accepting pre-applications for senior/disabled households for one-bedroom units. Preferences are given for elderly, handicapped, and disabled individuals; applications can be picked up in-person, downloaded online, or mailed/hand-delivered.
The Housing Choice Voucher program is currently open and administered by the Mora Housing and Redevelopment Authority; applicants should contact them via phone or website for application information.
Waitlist data provided by section8waitlist.org
Updated July 28, 2026
Property Details
Fair Market Rent - Isanti 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 - Isanti 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 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cambridge, MN?+
The Fair Market Rent (FMR) for Isanti County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Cambridge Town Square is typically 30% of household income or less.
What size apartments are available at Cambridge Town Square?+
Cambridge Town Square offers the following unit types: 6 One-Bedroom, 54 Two-Bedroom, 16 Three-Bedroom units, for a total of 76 units.
Who is eligible to live at Cambridge Town Square?+
Cambridge Town Square primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Cambridge Town Square?+
Cambridge Town Square 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.
What are the income limits for affordable housing in Isanti County, MN?+
For a 4-person household in Isanti 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.
Is there a waitlist for Cambridge Town Square?+
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 is the price range for apartments in Cambridge, MN?+
Based on Fair Market Rent for Isanti County, the estimated price range is: 1-bedroom: $1327, 2-bedroom: $1622, 3-bedroom: $2188. Actual rent at Cambridge Town Square may be lower for income-eligible households.
Who manages Cambridge Town Square?+
Cambridge Town Square is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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