Housing & Redevelopment Authority Of Faribault
208 1st Ave NW, Faribault, MN, 55021
Fair Market Rent by unit size — Faribault, MN (2026)
Figures shown are Fair Market Rent for the county this agency primarily serves — the agency's actual payment standard (typically 90–110% of FMR) may differ. Confirm directly with the agency. Full county data: Rice County
Am I eligible?
To qualify for a Housing Choice Voucher through Housing & Redevelopment Authority Of Faribault, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI (the Extremely Low Income limit) for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $37,950 |
| 2 people | $43,400 |
| 3 people | $48,800 |
| 4 people | $54,200 |
| 5 people | $58,550 |
| 6 people | $62,900 |
| 7 people | $67,250 |
| 8 people | $71,550 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary. Contact Housing & Redevelopment Authority Of Faribault directly for current availability. Learn more about eligibility →
Income-restricted housing in Faribault, MN
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
SPRING CREEK II
2200-2210 MILLSTREAM LANE, NORTHFIELD, MN, 5505732 income-restricted units8 2BR, 22 3BR, 2 4BR+Built 20239% LIHTCCompliance through ~2053THE LOFTS AT EVERGREEN KNOLL
2275 4TH STREET NW, FARIBAULT, MN, 5502176 income-restricted units19 1BR, 37 2BR, 20 3BRBuilt 20214% LIHTCCompliance through ~2051NORTH - SOUTH OAK APARTMENTS
600 SPRING ST N, NORTHFIELD, MN, 5505742 income-restricted units of 43 total23 1BR, 20 2BRBuilt 20174% + 9% LIHTCCompliance through ~2047PRAIRIEWOOD TOWNHOMES
MULTIPLE BUILDING ADDRESSES, FARIBAULT, MN, 5502130 income-restricted units2 2BR, 22 3BR, 6 4BR+Built 20144% LIHTCCompliance through ~2044SPRING CREEK TOWNHOMES
MULTIPLE BUILDING ADDRESSES., NORTHFIELD, MN, 5505728 income-restricted units4 2BR, 20 3BR, 4 4BR+Built 20134% LIHTCCompliance through ~2043JEFFERSON SQUARE
MULTIPLE BUILDING ADDRESSES, NORTHFIELD, MN, 5505749 income-restricted units of 50 total16 2BR, 30 3BR, 4 4BR+Built 2011Compliance through ~2041- Elderly
SUMMERFIELD APARTMENTS
MULTIPLE BUILDING ADDRESSES, NORTHFIELD, MN, 5505723 income-restricted units of 112 total10 studio, 40 1BR, 59 2BR, 3 3BRBuilt 2004Compliance through ~2034 VILLAGE AT PARK AVENUE
MULTIPLE BUILDING ADDRESSES, FARIBAULT, MN, 5502140 income-restricted units10 2BR, 30 3BRBuilt 19974% LIHTCCompliance through ~2027PARKWAY TOWNHOMES
MULTIPLE BUILDING ADDRESSES, NORTHFIELD, MN, 5505725 income-restricted units of 32 total19 2BR, 6 3BRBuilt 19964% LIHTCCompliance through ~2026PARK CENTRAL APARTMENTS
521 4TH AVE NW, FARIBAULT, MN, 5502124 income-restricted unitsBuilt 1993Compliance through ~2023- 24 income-restricted unitsBuilt 1993Compliance through ~2023
SUNSHINE APARTMENTS
MULTIPLE BUILDING ADDRESSES, MORRISTOWN, MN, 5505214 income-restricted unitsBuilt 1992Compliance through ~20222 RIVERS APARTMENTS (FKA PARK AVE APTS)
2426 PARK AVE, FARIBAULT, MN, 5502130 income-restricted units4 1BR, 23 2BR, 3 3BRBuilt 1992Compliance through ~2022
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Applying with this agency
Application processes and waiting-list status vary by agency — contact Housing & Redevelopment Authority Of Faribault directly using the info above, or read our general guide to how to apply and how waiting lists work.
Evaluating this market
Landlords and investors: see becoming a Section 8 landlord and how to read this market's numbers.