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Affordable apartments in Princeton, Minnesota

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc

Buildings

WEST BIRCH TOWNHOMES

LIHTC
504 13TH AVE N, PRINCETON, MN, 55371
Income-restricted units
39 of 40
Year placed in service
1998
Bedroom mix
16 2BR · 8 3BR

Estimated total housing cost: $976 rent + $117 utilities = $1,093/mo

Contact property management for current availability. Waitlists may apply.

RIVERVIEW PLACE N APTS

LIHTC
1310 15TH AVE N, PRINCETON, MN
Income-restricted units
24 of 24
Year placed in service
1990

Estimated total housing cost: $976 rent + $117 utilities = $1,093/mo

Contact property management for current availability. Waitlists may apply.

BELLE HAVEN TOWNHOMES

LIHTC
101 18TH AVE N, PRINCETON, MN, 55371
Income-restricted units
16 of 17
Year placed in service
2007
Bedroom mix
8 2BR · 9 3BR

Estimated total housing cost: $976 rent + $117 utilities = $1,093/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Princeton, MN

Metro-level
BedroomsLocal FMRNational median
Studio$830n/a
1 bedroom$927n/a
2 bedroom$976$1,502
3 bedroom$1,269n/a
4 bedroom$1,464n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Mille Lacs County, MN

Minneapolis-St. Paul-Bloomington, MN-WI. FY2025. Area median income: $93,500.

Household size30% AMI50% AMI80% AMI
1 person$20,000$33,350$53,350
2 people$22,850$38,100$60,950
3 people$26,650$42,850$68,550
4 people$32,150$47,600$76,150
5 people$37,650$51,450$82,250
6 people$43,150$55,250$88,350
7 people$48,650$59,050$94,450
8 people$54,150$62,850$100,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Princeton cost-of-living and Fair Market Rent overview