Affordable Housing Hub
Low Income (LIHTC)Waitlist Closed

1st Avenue Flats

400 1st Ave NW, Rochester, MN, 55901

Information verified April 18, 2026ยทWe re-check waiting list status daily

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About This Property

1st Avenue Flats contains 68 low-income units in Rochester, Minnesota, with a mix of 16 one-bedroom and 52 two-bedroom apartments serving families. The property was placed in service in 2017 and utilizes 4% Low-Income Housing Tax Credits. This development is managed to provide affordable rental housing options in Olmsted County.

Waitlist Information

Waitlist managed by Olmsted County Housing and Redevelopment Authority

Public Housing Waitlist
Closed

The Public Housing waiting list is currently closed and applications are not being accepted. OCHRA manages 110 housing units.

Last verified February 13, 2026
Section 8 (HCV) Waitlist
Closed

The waiting list is currently closed, and applications are not being accepted. Households are contacted based on their position on the waiting list when current voucher holders leave the program. Changes in household information can be reported through Assistance Connect or a form.

Last verified February 13, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units
68
1 Bedroom
16
2 Bedroom
52

Fair Market Rent - Olmsted County, MN

FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.

BedroomsFMR
Studio/Efficiency$814
1 Bedroom$927
2 Bedroom$1,148
3 Bedroom$1,618
4 Bedroom$1,948

Income Limits - Olmsted County, MN

Annual income limits by household size used to determine eligibility for affordable housing programs.

1 Person
Extremely Low (30%)
$20,950
Very Low (50%)
$34,900
Low (80%)
$55,850
2 Persons
Extremely Low (30%)
$23,950
Very Low (50%)
$39,900
Low (80%)
$63,800
3 Persons
Extremely Low (30%)
$26,950
Very Low (50%)
$44,900
Low (80%)
$71,800
4 Persons
Extremely Low (30%)
$29,900
Very Low (50%)
$49,850
Low (80%)
$79,750
5 Persons
Extremely Low (30%)
$32,300
Very Low (50%)
$53,850
Low (80%)
$86,150
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$57,850
Low (80%)
$92,550
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$61,850
Low (80%)
$98,900
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$65,850
Low (80%)
$105,300

Tax Credit Program Details

Year Placed in Service
2017
LIHTC Credit Type
4%
Low-Income Units
68 / 68
Target Population
Families
Designations
Qualified Census Tract

Frequently Asked Questions

What is the average rent for affordable housing in Rochester, MN?+

The Fair Market Rent (FMR) for Olmsted County, MN is: $814 (Studio), $927 (1BR), $1148 (2BR), $1618 (3BR), $1948 (4BR). Actual rent at subsidized properties like 1st Avenue Flats is typically 30% of household income or less.

What size apartments are available at 1st Avenue Flats?+

1st Avenue Flats offers the following unit types: 16 One-Bedroom, 52 Two-Bedroom units, for a total of 68 units.

What is the price range for apartments in Rochester, MN?+

Based on Fair Market Rent for Olmsted County, the estimated price range is: 1-bedroom: $927, 2-bedroom: $1148. Actual rent at 1st Avenue Flats may be lower for income-eligible households.

Who manages 1st Avenue Flats?+

1st Avenue Flats is managed by . You can reach them at . Visit their website for more information.

How do I apply for housing at 1st Avenue Flats?+

1st Avenue Flats 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.

Who is eligible to live at 1st Avenue Flats?+

1st Avenue Flats primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

What are the income limits for affordable housing in Olmsted County, MN?+

For a 4-person household in Olmsted County, MN, the income limits are: Extremely Low Income (30% AMI): $29,900, Very Low Income (50% AMI): $49,850, Low Income (80% AMI): $79,750. These limits are set by HUD and updated annually.

Is there a waitlist for 1st Avenue Flats?+

Public Housing waitlist is currently Closed. 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.

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Walk Score

Walker's Paradise

93
Walk
82
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Olmsted County, MN

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