About This Property
Waters Edge Apts in Willmar offers 144 low-income units across a mix of one, two, and three-bedroom floor plans. The property has been in service since 2014 and includes 11 one-bedroom units, 95 two-bedroom units, and 38 three-bedroom units. This Eagle Ridge development is managed to provide affordable housing options in Kandiyohi County.
Waitlist Information
Waitlist managed by Kandiyohi County Housing and Redevelopment Authority
The waiting list is open for 2, 3, and 4-bedroom apartments until each bedroom size reaches 65 applicants. Preferences include residency in Kandiyohi County and working families (employed, attending education/training, age 62+, or disabled).
The waiting list last accepted applications with preferences for disabled, elderly, and live/work in Kandiyohi County, and veterans.
Waitlist data provided by section8waitlist.org
Updated June 18, 2026
Property Details
Fair Market Rent - Kandiyohi 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 | $768 |
| 1 Bedroom | $773 |
| 2 Bedroom | $936 |
| 3 Bedroom | $1,319 |
| 4 Bedroom | $1,544 |
Income Limits - Kandiyohi County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,800
- Very Low (50%)
- $26,350
- Low (80%)
- $42,150
- Extremely Low (30%)
- $18,050
- Very Low (50%)
- $30,100
- Low (80%)
- $48,150
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,850
- Low (80%)
- $54,150
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,600
- Low (80%)
- $60,150
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,650
- Low (80%)
- $65,000
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,650
- Low (80%)
- $69,800
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,650
- Low (80%)
- $74,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,650
- Low (80%)
- $79,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,800 | $26,350 | $42,150 |
| 2 Persons | $18,050 | $30,100 | $48,150 |
| 3 Persons | $21,960 | $33,850 | $54,150 |
| 4 Persons | $26,500 | $37,600 | $60,150 |
| 5 Persons | $31,040 | $40,650 | $65,000 |
| 6 Persons | $35,580 | $43,650 | $69,800 |
| 7 Persons | $40,120 | $46,650 | $74,600 |
| 8 Persons | $44,660 | $49,650 | $79,400 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Willmar, MN?+
The Fair Market Rent (FMR) for Kandiyohi County, MN is: $768 (Studio), $773 (1BR), $936 (2BR), $1319 (3BR), $1544 (4BR). Actual rent at subsidized properties like Somerset, Eagle Ridge, - Waters Edge Apts is typically 30% of household income or less.
What size apartments are available at Somerset, Eagle Ridge, - Waters Edge Apts?+
Somerset, Eagle Ridge, - Waters Edge Apts offers the following unit types: 11 One-Bedroom, 95 Two-Bedroom, 38 Three-Bedroom units, for a total of 144 units.
How do I apply for housing at Somerset, Eagle Ridge, - Waters Edge Apts?+
Somerset, Eagle Ridge, - Waters Edge Apts 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 Somerset, Eagle Ridge, - Waters Edge Apts?+
Public Housing waitlist is currently Open. 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.
What are the income limits for affordable housing in Kandiyohi County, MN?+
For a 4-person household in Kandiyohi County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,600, Low Income (80% AMI): $60,150. These limits are set by HUD and updated annually.
What is the price range for apartments in Willmar, MN?+
Based on Fair Market Rent for Kandiyohi County, the estimated price range is: 1-bedroom: $773, 2-bedroom: $936, 3-bedroom: $1319. Actual rent at Somerset, Eagle Ridge, - Waters Edge Apts may be lower for income-eligible households.
Who manages Somerset, Eagle Ridge, - Waters Edge Apts?+
Somerset, Eagle Ridge, - Waters Edge Apts is managed by . You can reach them at .
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near Somerset, Eagle Ridge, - Waters Edge Apts
Lakeview Apartments
Willmar, MN
1 UnitsWestwind Townhomes
Willmar, MN
28 Units
Mcleod County Housing and Redevelopment Authority
Willmar, MN
121 UnitsValleyside Townhomes
Willmar, MN
48 UnitsValleyside Townhomes
Willmar, MN
48 UnitsDana Heights Apartments
Willmar, MN
48 Units