About This Property
Cedardale Place offers 98 units of affordable housing in Owatonna, Minnesota, with 97 units designated for low-income residents. The property includes 67 one-bedroom units, 21 two-bedroom units, and 10 three-bedroom units. Built in 2002, the community is financed through tax-exempt bonds and utilizes 4% Low-Income Housing Tax Credits.
Waitlist Information
Waitlist managed by Owatonna Housing and Redevelopment Authority
The Owatonna Housing and Redevelopment Authority manages 0 public housing units.
Waitlist applications are being accepted. Applicants must have a residency preference in Steele County. Income limits are set by HUD at 50% of the median family income.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Steele County, MN
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $808 |
| 1 Bedroom | $814 |
| 2 Bedroom | $1,061 |
| 3 Bedroom | $1,495 |
| 4 Bedroom | $1,801 |
Income Limits - Steele County, MN
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $17,600
- Very Low (50%)
- $29,300
- Low (80%)
- $46,850
- Extremely Low (30%)
- $20,100
- Very Low (50%)
- $33,450
- Low (80%)
- $53,550
- Extremely Low (30%)
- $22,600
- Very Low (50%)
- $37,650
- Low (80%)
- $60,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $41,800
- Low (80%)
- $66,900
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $45,150
- Low (80%)
- $72,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $48,500
- Low (80%)
- $77,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $51,850
- Low (80%)
- $83,000
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $55,200
- Low (80%)
- $88,350
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $17,600 | $29,300 | $46,850 |
| 2 Persons | $20,100 | $33,450 | $53,550 |
| 3 Persons | $22,600 | $37,650 | $60,250 |
| 4 Persons | $26,500 | $41,800 | $66,900 |
| 5 Persons | $31,040 | $45,150 | $72,300 |
| 6 Persons | $35,580 | $48,500 | $77,650 |
| 7 Persons | $40,120 | $51,850 | $83,000 |
| 8 Persons | $44,660 | $55,200 | $88,350 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Owatonna, MN?+
The Fair Market Rent (FMR) for Steele County, MN is: $808 (Studio), $814 (1BR), $1061 (2BR), $1495 (3BR), $1801 (4BR). Actual rent at subsidized properties like Cedardale Place A/K/A Cedardale South is typically 30% of household income or less.
What size apartments are available at Cedardale Place A/K/A Cedardale South?+
Cedardale Place A/K/A Cedardale South offers the following unit types: 67 One-Bedroom, 21 Two-Bedroom, 10 Three-Bedroom units, for a total of 98 units.
How do I apply for housing at Cedardale Place A/K/A Cedardale South?+
Cedardale Place A/K/A Cedardale South is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Steele County, MN?+
For a 4-person household in Steele County, MN, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $41,800, Low Income (80% AMI): $66,900. These limits are set by HUD and updated annually.
What is the price range for apartments in Owatonna, MN?+
Based on Fair Market Rent for Steele County, the estimated price range is: 1-bedroom: $814, 2-bedroom: $1061, 3-bedroom: $1495. Actual rent at Cedardale Place A/K/A Cedardale South may be lower for income-eligible households.
Who manages Cedardale Place A/K/A Cedardale South?+
Cedardale Place A/K/A Cedardale South is managed by . You can reach them at .
Is there a waitlist for Cedardale Place A/K/A Cedardale South?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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