About This Property
Granite Ledge Townhomes comprises 24 townhome units in Cold Spring, Minnesota, with 23 designated as low-income housing. The property features a mix of twelve 2-bedroom and twelve 3-bedroom units and has been in service since 1999. The development is financed with 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Stearns County Housing and Redevelopment Authority
Currently accepting pre-applications for families only, specifically for 20 units with three bedrooms. The SCHRA does not offer a Public Housing program for senior/disabled households and has no preferences; applicants are placed by date and time of application receipt.
Registration is currently closed; a random lottery previously selected 200 applicants for the waiting list. Applicants must not exceed the very low income limit.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Stearns 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 | $877 |
| 1 Bedroom | $906 |
| 2 Bedroom | $1,155 |
| 3 Bedroom | $1,531 |
| 4 Bedroom | $1,820 |
Income Limits - Stearns County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $16,600
- Very Low (50%)
- $27,650
- Low (80%)
- $44,250
- Extremely Low (30%)
- $19,000
- Very Low (50%)
- $31,600
- Low (80%)
- $50,600
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $35,550
- Low (80%)
- $56,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $39,500
- Low (80%)
- $63,200
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $42,700
- Low (80%)
- $68,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $45,850
- Low (80%)
- $73,350
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $49,000
- Low (80%)
- $78,400
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $52,150
- Low (80%)
- $83,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $16,600 | $27,650 | $44,250 |
| 2 Persons | $19,000 | $31,600 | $50,600 |
| 3 Persons | $21,960 | $35,550 | $56,900 |
| 4 Persons | $26,500 | $39,500 | $63,200 |
| 5 Persons | $31,040 | $42,700 | $68,300 |
| 6 Persons | $35,580 | $45,850 | $73,350 |
| 7 Persons | $40,120 | $49,000 | $78,400 |
| 8 Persons | $44,660 | $52,150 | $83,450 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cold Spring, MN?+
The Fair Market Rent (FMR) for Stearns County, MN is: $877 (Studio), $906 (1BR), $1155 (2BR), $1531 (3BR), $1820 (4BR). Actual rent at subsidized properties like Granite Ledge Townhomes is typically 30% of household income or less.
What size apartments are available at Granite Ledge Townhomes?+
Granite Ledge Townhomes offers the following unit types: 12 Two-Bedroom, 12 Three-Bedroom units, for a total of 24 units.
What is the price range for apartments in Cold Spring, MN?+
Based on Fair Market Rent for Stearns County, the estimated price range is: 2-bedroom: $1155, 3-bedroom: $1531. Actual rent at Granite Ledge Townhomes may be lower for income-eligible households.
How do I apply for housing at Granite Ledge Townhomes?+
Granite Ledge Townhomes 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 manages Granite Ledge Townhomes?+
Granite Ledge Townhomes is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Granite Ledge 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.
What are the income limits for affordable housing in Stearns County, MN?+
For a 4-person household in Stearns County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $39,500, Low Income (80% AMI): $63,200. These limits are set by HUD and updated annually.
Contact Information
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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