About This Property
Charter Oaks provides 33 low-income rental units in Waseca, Minnesota, with a mix of 20 two-bedroom and 13 three-bedroom apartments. The property has been in service since 2001 and is funded through 9% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Housing and Redevelopment Authority of Waseca, Minnesota
The HRAW has a preference for elderly or disabled individuals, with a maximum occupancy of four people for two-bedroom units. No documents are needed for pre-application.
Preferences are given to applicants who live, work, or attend higher education full-time in Martin, Nicollet, Sibley, Waseca, and Watonwan Counties.
Waitlist data provided by section8waitlist.org
Updated July 28, 2026
Property Details
Fair Market Rent - Waseca 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 | $684 |
| 1 Bedroom | $689 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,275 |
| 4 Bedroom | $1,449 |
Income Limits - Waseca County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,750
- Very Low (50%)
- $26,200
- Low (80%)
- $41,900
- Extremely Low (30%)
- $18,000
- Very Low (50%)
- $29,950
- Low (80%)
- $47,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,700
- Low (80%)
- $53,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,400
- Low (80%)
- $59,850
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,400
- Low (80%)
- $69,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,400
- Low (80%)
- $74,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,400
- Low (80%)
- $79,050
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,750 | $26,200 | $41,900 |
| 2 Persons | $18,000 | $29,950 | $47,900 |
| 3 Persons | $21,960 | $33,700 | $53,900 |
| 4 Persons | $26,500 | $37,400 | $59,850 |
| 5 Persons | $31,040 | $40,400 | $64,650 |
| 6 Persons | $35,580 | $43,400 | $69,450 |
| 7 Persons | $40,120 | $46,400 | $74,250 |
| 8 Persons | $44,660 | $49,400 | $79,050 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Waseca, MN?+
The Fair Market Rent (FMR) for Waseca County, MN is: $684 (Studio), $689 (1BR), $905 (2BR), $1275 (3BR), $1449 (4BR). Actual rent at subsidized properties like Charter Oaks is typically 30% of household income or less.
What size apartments are available at Charter Oaks?+
Charter Oaks offers the following unit types: 20 Two-Bedroom, 13 Three-Bedroom units, for a total of 33 units.
What is the price range for apartments in Waseca, MN?+
Based on Fair Market Rent for Waseca County, the estimated price range is: 2-bedroom: $905, 3-bedroom: $1275. Actual rent at Charter Oaks may be lower for income-eligible households.
How do I apply for housing at Charter Oaks?+
Charter Oaks 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.
Is there a waitlist for Charter Oaks?+
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 Waseca County, MN?+
For a 4-person household in Waseca County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,400, Low Income (80% AMI): $59,850. These limits are set by HUD and updated annually.
Who manages Charter Oaks?+
Charter Oaks is managed by . You can reach them at .
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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