Low-Income Apartments in Faribault, Minnesota
8 Communities
219 Low-Income Units
These Faribault apartment communities were built under the Low-Income Housing Tax Credit program and reserve units for lower-income renters at restricted rents. Contact each property directly to apply. Rents and availability change; the property can confirm current income limits.
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8 Tax-Credit Communities in Faribault
| Community | Address | Low-Income Units | Total Units | Year |
|---|---|---|---|---|
| 2 Rivers Apartments (Fka Park Ave Apts) | 2426 Park Ave, 55021 | 30 | 30 | 1992 |
| Central Elderly Apts | 12 Central Ave N, 55021 | 18 | 18 | 1988 |
| Halter Two | 907 Spring Rd, 55021 | 17 | 18 | 1988 |
| Park Central Apartments | 521 4Th Ave Nw, 55021 | 24 | 24 | 1993 |
| Prairiewood Townhomes | Multiple Building Addresses, 55021 | 30 | 30 | 2014 |
| Spring Court | Multiple Building Addresses, 55021 | 24 | 24 | 1993 |
| Village At Park Avenue | Multiple Building Addresses, 55021 | 40 | 40 | 1997 |
| Village Green Apts | 810 Conliffe Ave Sw, 55021 | 36 | 36 | 1993 |
Faribault Low-Income Apartment FAQs
HUD's LIHTC database lists 8 tax-credit apartment communities in Faribault, together offering about 219 income-restricted units out of 220 total units.
Apply directly to the property - there is no central waiting list for tax-credit apartments. Income limits are typically around 60% of the area median income; check your household's eligibility with our income eligibility guide, and contact the community for current availability and rents.
Often yes - most LIHTC properties accept Housing Choice Vouchers, which lowers your out-of-pocket rent further. See Minnesota Section 8 waiting lists to apply for a voucher.
Related Resources
Source: HUD Low-Income Housing Tax Credit (LIHTC) property database · huduser.gov