About This Property
Flats on 4th comprises 92 apartments in Rochester, Minnesota, with 20 units designated for low-income households. The property features a mix of studio, one-bedroom, two-bedroom, and three-bedroom units and was placed in service in 2018 using 4% Low-Income Housing Tax Credits. This multifamily community includes 30 studios, 47 one-bedroom units, 12 two-bedroom units, and 3 three-bedroom units.
Waitlist Information
Waitlist managed by Olmsted County Housing and Redevelopment Authority
The Public Housing waiting list is currently closed and applications are not being accepted. OCHRA manages 110 housing units.
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.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
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.
| Bedrooms | FMR |
|---|---|
| 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.
- Extremely Low (30%)
- $20,950
- Very Low (50%)
- $34,900
- Low (80%)
- $55,850
- Extremely Low (30%)
- $23,950
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $29,900
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,850
- Low (80%)
- $86,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,850
- Low (80%)
- $98,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,850
- Low (80%)
- $105,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,950 | $34,900 | $55,850 |
| 2 Persons | $23,950 | $39,900 | $63,800 |
| 3 Persons | $26,950 | $44,900 | $71,800 |
| 4 Persons | $29,900 | $49,850 | $79,750 |
| 5 Persons | $32,300 | $53,850 | $86,150 |
| 6 Persons | $35,580 | $57,850 | $92,550 |
| 7 Persons | $40,120 | $61,850 | $98,900 |
| 8 Persons | $44,660 | $65,850 | $105,300 |
Tax Credit Program Details
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 Flats on 4th (Fka the Buckeye) is typically 30% of household income or less.
What size apartments are available at Flats on 4th (Fka the Buckeye)?+
Flats on 4th (Fka the Buckeye) offers the following unit types: 30 Studio, 47 One-Bedroom, 12 Two-Bedroom, 3 Three-Bedroom units, for a total of 92 units.
Is there a waitlist for Flats on 4th (Fka the Buckeye)?+
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.
Who manages Flats on 4th (Fka the Buckeye)?+
Flats on 4th (Fka the Buckeye) is managed by . You can reach them at .
How do I apply for housing at Flats on 4th (Fka the Buckeye)?+
Flats on 4th (Fka the Buckeye) 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 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.
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, 3-bedroom: $1618. Actual rent at Flats on 4th (Fka the Buckeye) may be lower for income-eligible households.
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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