The Oaks Apartments

801 3rd St N, Princeton, Minnesota 55371

The Oaks Apartments Details

  • 41 bedroom units.
  • Public Housing

Public Housing

Since this property is owned and managed by a Public Housing Authority, all of the rents at this property are based on tenant incomes. Tenants will make a monthly contribution toward rent equal to 30% of their adjusted income. A housing authority may establish a minimum rent of up to $50.

Princeton HUD Rental Assistance Income Qualifications

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Princeton but actual income limits may differ for units at The Oaks Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,500 $20,000 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% $29,200 $33,350 $37,500 $41,650 $45,000 $48,350 $51,650 $55,000
80% $46,700 $53,350 $60,000 $66,650 $72,000 $77,350 $82,650 $88,000

The Oaks Apartments is managed by Housing and Redevelopment Authority of Princeton Minnesota.

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