About This Property
Parkside Townhomes comprises 30 units in Redwood Falls, Minnesota, with 29 designated as low-income housing. The property includes 12 two-bedroom and 18 three-bedroom townhomes and has been in service since 1997. The development utilizes 9% Low-Income Housing Tax Credits to support its affordability.
Waitlist Information
Waitlist managed by Renville County Housing and Redevelopment Authority
The waiting list is currently open. 25 units located across Franklin, Morton, and Sacred Heart. Availability varies subject to vacancy rate. 16 of the 25 units are one-bedroom.
The waiting list is currently closed, except to new applicants who have lived, worked or attended school in Renville County for the past 6 months or more, who have a disabled head of household, or who have a head of household age 62 or over.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Redwood 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 | $613 |
| 1 Bedroom | $693 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,273 |
| 4 Bedroom | $1,516 |
Income Limits - Redwood 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 Redwood Falls, MN?+
The Fair Market Rent (FMR) for Redwood County, MN is: $613 (Studio), $693 (1BR), $905 (2BR), $1273 (3BR), $1516 (4BR). Actual rent at subsidized properties like Parkside Townhomes is typically 30% of household income or less.
What size apartments are available at Parkside Townhomes?+
Parkside Townhomes offers the following unit types: 12 Two-Bedroom, 18 Three-Bedroom units, for a total of 30 units.
What is the price range for apartments in Redwood Falls, MN?+
Based on Fair Market Rent for Redwood County, the estimated price range is: 2-bedroom: $905, 3-bedroom: $1273. Actual rent at Parkside Townhomes may be lower for income-eligible households.
How do I apply for housing at Parkside Townhomes?+
Parkside 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 are the income limits for affordable housing in Redwood County, MN?+
For a 4-person household in Redwood 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.
Is there a waitlist for Parkside Townhomes?+
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.
Who manages Parkside Townhomes?+
Parkside Townhomes is managed by . You can reach them at .
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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