1109 N High St, Lake City, MN 55041
Waiting List Forecast: Likely Long or Closed
Verified for 2023 by JP Bergstad, Lorena Bentley| Rent | Beds | Baths | SqFt |
|---|---|---|---|
| Call for Rents† | 1 - 3 Beds | 1 - 2 Baths | 581 - 1,417 Sq Ft |
Since this property may have a Section 8 Property Based Rental Assistance contract with rental assistance available to its residents, it is likely the property has a waiting list. Sometimes these waiting lists can be months or years long and may or may not be accepting new applicants. You should contact the property to verify.
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.
1 Bedroom Apartments for Seniors 62+
- 581 Sq. Ft.
- In-building laundry facility
- Spacious closets
- Community room complete with kitchen
- Tub room, elevator
- Close to downtown Lake City
- Hiawathaland Transit stop
- Heat, water, and trash included
- Rent based on income
2 + 3 Bedroom Townhomes for Families
- 1135 Sq. Ft. (2BR), 1417 Sq. Ft. (3BR)
- On-site laundry facility
- Spacious closets
- Private individual entries, patios
- Basement
- Units with dishwashers available
- Courtyard
- Garages Available for rent
- Water, and trash included
- Rent based on income
Since Lake City Apartments and Townhomes participates in the Section 8 Project-Based Rental Assistance program, your rent would be subsidized. You would not pay more than 30% of your income for rent. To qualify, you must earn 50% or less of the Area Median Income (AMI), which you can find on this page’s income chart. Also, project-based Section 8 properties tend to have longer waiting lists, with some with waiting lists going out for years. Since this property participates in the Section 8 Project Based Rental Assistance program and has a property based subsidy, if you have a Section 8 voucher, you would have to give up your voucher to move in.
~ Dave Layfield, Founder of Affordable Housing Online
| Unit (Bd/Ba) | Ft2 | Rent |
|---|---|---|
| 1 BR (1/1) | 581ft2 | Rent is Based On Your Income† |
| 2 BR (2/1) | 1135ft2 | Rent is Based On Your Income† |
| 3 BR (3/2) | 1417ft2 | Rent is Based On Your Income† |
| AMI* | 1 person | 2 people | 3 people | 4 people | 5 people | 6 people |
|---|---|---|---|---|---|---|
| 30% AMI for PBRA Units | $21,550 / year | $24,600 / year | $27,700 / year | $30,750 / year | $35,140 / year | $40,280 / year |
| 50% AMI for LIHTC Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year | $55,350 / year | $59,450 / year |
| 50% AMI for PBRA Units | $35,900 / year | $41,000 / year | $46,150 / year | $51,250 / year | $55,350 / year | $59,450 / year |
| 80% AMI for PBRA Units | $57,400 / year | $65,600 / year | $73,800 / year | $82,000 / year | $88,600 / year | $95,150 / year |
*AMI: Area Median Income. Renters qualify for different housing programs if their income is below a specified percentage of AMI.
Does Lake City Apartments and Townhomes have a waiting list?
Lake City Apartments and Townhomes probably has a waiting list. Since our research has shown there is a project-based rental assistance associated with this property, the waiting list would be for the rent-assisted units. We haven't confirmed if this is the case, so you should contact the property to confirm.
Are rents subsidized at Lake City Apartments and Townhomes?
We believe rents are most likely subsidized at all or some of the units since our research has turned up at least one public housing or rental assistance contract probably associated with this property.
What property management company manges Lake City Apartments and Townhomes?
Lake City Apartments and Townhomes is managed by Bergstad Properties, Inc. headquartered in Hopkins, MN.
In addition to Lake City Apartments and Townhomes, how many other affordable housing properties (and units) are there in Lake City?
In addition to Lake City Apartments and Townhomes, we list 4 other affordable properties in Lake City. Learn about these properties here. Our data research shows that there are a total of 170 affordable units in Lake City.
When was the Lake City Apartments and Townhomes listing last updated?
Lake City Apartments and Townhomes listing on Affordable Housing Online was last updated on 03/31/2023 by JP Bergstad. Remember, a property's status can change so you should contact the property to confirm.
1120 N Oak St, Lake City, Minnesota 55041
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