538 2nd St NW, Faribault, MN 55021
Waiting List Forecast: Likely None
Verified for 2024 by David Layfield| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| $1,400 per Month† | 3 Beds | 1 Bath | 1,586 Sq Ft |
Since this property is probably not participating in an official affordable housing program, it does not have a waiting list.
Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.
Naturally Occurring Affordable Housing (NOAH) means that 538 2nd St NW, while not participating in an official government affordability program (such as LIHTC, Public Housing, or Project-Based Vouchers), still has rents comparable to properties that are participating in affordable housing programs. We've made this determination because our research indicates that one or more units at this property have rent significanlty less than average market-rate rents for similar sized units in the area.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 3 bd (3/1) | 1586ft2 | $1,400† |
Does 538 2nd St NW have a waiting list?
538 2nd St NW probably doesn't have a waiting list. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at 538 2nd St NW?
We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.
In addition to 538 2nd St NW, how many other affordable housing properties (and units) are there in Faribault?
In addition to 538 2nd St NW, we list 21 other affordable properties in Faribault. Learn about these properties here. Our data research shows that there are a total of 681 affordable units in Faribault.
When was the 538 2nd St NW listing last updated?
538 2nd St NW listing on Affordable Housing Online was last updated on 07/07/2024 by AHO Automation. Remember, a property's status can change so you should contact the property to confirm.
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