Low Income (LIHTC)

Villas of Caroline on Rosaland

MULTIPLE BUILDING ADDRESSES, Savage, MN, 55378

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

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About This Property

Villas of Caroline on Rosaland consists of 57 units in Savage, Minnesota, with 43 units designated for low-income residents. The property has been in service since 1999 and is located in Scott County.

Property Details

Total Units

Fair Market Rent - Scott 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 - Scott County, MN

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

1 Person

Extremely Low (30%): $22,050
Very Low (50%): $36,750
Low (80%): $55,950

2 Persons

Extremely Low (30%): $25,200
Very Low (50%): $42,000
Low (80%): $63,950

3 Persons

Extremely Low (30%): $28,350
Very Low (50%): $47,250
Low (80%): $71,950

4 Persons

Extremely Low (30%): $31,450
Very Low (50%): $52,450
Low (80%): $79,900

5 Persons

Extremely Low (30%): $34,000
Very Low (50%): $56,650
Low (80%): $86,300

6 Persons

Extremely Low (30%): $36,500
Very Low (50%): $60,850
Low (80%): $92,700

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $65,050
Low (80%): $99,100

8 Persons

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

Tax Credit Program Details

Year Placed in Service

1999

Low-Income Units

43 / 57

Frequently Asked Questions

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

The Fair Market Rent (FMR) for Scott County, MN is: $1174 (Studio), $1327 (1BR), $1622 (2BR), $2188 (3BR), $2478 (4BR). Actual rent at subsidized properties like Villas of Caroline on Rosaland is typically 30% of household income or less.

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

For a 4-person household in Scott 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.

How do I apply for housing at Villas of Caroline on Rosaland?+

Villas of Caroline on Rosaland 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.

Who manages Villas of Caroline on Rosaland?+

Villas of Caroline on Rosaland is managed by . You can reach them at .

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