About This Property
Cedar Run Townhomes offers 24 three-bedroom units in Owatonna, Minnesota, with 23 units designated as low-income housing. The property has been in service since 1997 and is financed through 9% Low-Income Housing Tax Credits. This development provides rental housing options for families in Steele County.
Waitlist Information
Waitlist managed by Owatonna Housing and Redevelopment Authority
The Owatonna Housing and Redevelopment Authority manages 0 public housing units.
Waitlist applications are being accepted. Applicants must have a residency preference in Steele County. Income limits are set by HUD at 50% of the median family income.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Steele 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 | $808 |
| 1 Bedroom | $814 |
| 2 Bedroom | $1,061 |
| 3 Bedroom | $1,495 |
| 4 Bedroom | $1,801 |
Income Limits - Steele County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,450
- Low (80%)
- $53,550
- Extremely Low (30%)
- $22,600
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,800
- Low (80%)
- $66,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,150
- Low (80%)
- $72,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,500
- Low (80%)
- $77,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,850
- Low (80%)
- $83,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,200
- Low (80%)
- $88,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,600 | $29,300 | $46,850 |
| 2 Persons | $20,100 | $33,450 | $53,550 |
| 3 Persons | $22,600 | $37,650 | $60,250 |
| 4 Persons | $26,500 | $41,800 | $66,900 |
| 5 Persons | $31,040 | $45,150 | $72,300 |
| 6 Persons | $35,580 | $48,500 | $77,650 |
| 7 Persons | $40,120 | $51,850 | $83,000 |
| 8 Persons | $44,660 | $55,200 | $88,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Owatonna, MN?+
The Fair Market Rent (FMR) for Steele County, MN is: $808 (Studio), $814 (1BR), $1061 (2BR), $1495 (3BR), $1801 (4BR). Actual rent at subsidized properties like Cedar Run Townhomes is typically 30% of household income or less.
What size apartments are available at Cedar Run Townhomes?+
Cedar Run Townhomes offers the following unit types: 24 Three-Bedroom units, for a total of 24 units.
Is there a waitlist for Cedar Run Townhomes?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at Cedar Run Townhomes?+
Cedar Run 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.
What are the income limits for affordable housing in Steele County, MN?+
For a 4-person household in Steele County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,800, Low Income (80% AMI): $66,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Owatonna, MN?+
Based on Fair Market Rent for Steele County, the estimated price range is: 3-bedroom: $1495. Actual rent at Cedar Run Townhomes may be lower for income-eligible households.
Who manages Cedar Run Townhomes?+
Cedar Run Townhomes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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