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Homestead Apartments
140 Homestead Drive
Mankato, MN 56001
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Phone Number +1 507-625-8550
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Homestead Apartments
Homestead Apartments

Floor Plans

Floor Plans

Floorplan Filters
Floor Plan One Bedroom - Tax Credit

One Bedroom - Tax Credit

1 Available
1 Bed | 1 Bath | 654 Sq. Ft.

$840.00to-$942.00

Deposit: $500

Availability for One Bedroom - Tax Credit
Floor Plan One Bedroom - Market Rate

One Bedroom - Market Rate

0 Available
1 Bed | 1 Bath | 654 Sq. Ft.

$893.00to-$971.00

Deposit: $500

Contact Us for One Bedroom - Market Rate ,opens a dialog
Floor Plan Two Bedroom - Tax Credit
2

Two Bedroom - Tax Credit

3 Available
2 Beds | 1 Bath | 880-to882 Sq. Ft.

$998.00to-$1,103.00

Deposit: $500

Availability for Two Bedroom - Tax Credit
Floor Plan Two Bedroom - Market Rate
2

Two Bedroom - Market Rate

2 Available
2 Beds | 1 Bath | 880 Sq. Ft.

$1,050.00to-$1,155.00

Deposit: $500

Availability for Two Bedroom - Market Rate
Floor Plan Three Bedroom - Tax Credit
2

Three Bedroom - Tax Credit

1 Available
3 Beds | 1 Bath | 1,032-to1,054 Sq. Ft.

$1,208.00

Deposit: $500to-$920

Availability for Three Bedroom - Tax Credit
Floor Plan Three Bedroom - Market Rate
2

Three Bedroom - Market Rate

0 Available
3 Beds | 1 Bath | 1,032-to1,054 Sq. Ft.

$1,313.00

Deposit: $500to-$1,035

Contact Us for Three Bedroom - Market Rate ,opens a dialog

APPLICATION

Click HERE to access a Tax Credit application for Homestead Apartments. 
Click HERE to access a PARIF application for Homestead Apartments.

INCOME RESTRICTIONS

Income and student restrictions apply at Homestead Apartments. Depending on the unit, households may need to make under a certain amount to qualify. The total annual household gross income is considered. In addition, depending on the household size, not all household members can be full time students. Please contact us for details.
 
HOUSEHOLD SIZE SECTION 8 - 30% AMI SECTION 8 - 50% AMI SECTION 8 - 80% AMI HTC PARIF
1 Person $22,400 $37,300 $59,650 $43,980 $93,600
2 People $25,600 $42,600 $68,200 $50,280 $93,600
3 People $28,800 $47,950 $76,700 $56,580 $93,600
4 People $33,000 $53,250 $85,200 $62,820 $93,600
5 People $38,680 $57,550 $92,050 $67,869 $93,600
6 People $44,360 $61,800 $98,950 $72,900 $93,600

Income limits subject to change per applicable affordable housing program guidelines.

SECURITY DEPOSIT + APPLICATION

Market Rate Units: An application fee of $35/adult and a security deposit of $500 is due at time of application.
Housing Tax Credit Units: An application fee of $35/adult and a security deposit of $500 is due at time of application.
Section 8 Units: A security deposit equal to one month of rent is due at time of lease signing.

SECTION 8 VOUCHERS

We gladly welcome Section 8 Vouchers in various units at Homestead Apartments.

OCCUPANCY

The initial maximum number of residents in a unit is equal to two persons per bedroom unless otherwise stated in the property's Resident Selection Plan, where applicable. Each unit is limited to no more than two unrelated or four related adult persons per unit. Lloyd Management defines a related adult person as either a child, dependent, or parent of the head of household. General occupancy standards and any federal, state, or local housing ordinances will supersede this policy.

UTILITIES

Heat, water, sewer, and trash are included with the monthly rent payment. Residents are responsible for electricity.