Circle Pine Apartments

102 2nd Ave W, Balaton, Minnesota 56115

Contact Circle Pine Apartments

Circle Pines Apartments offers 1, 2, and 3 bedroom apartments.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	540	$665
2 Bedroom (2/1)	700	$705
3 Bedroom (3/1)	800	$725

Eligibility for Circle Pine Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Balaton but actual income limits may differ for units at Circle Pine Apartments.

AMI Band	1 Person	2 Person	3 Person	4 Person	5 Person	6 Person
Very Low Income (50%)	$31,000	$35,400	$39,850	$44,250	$47,800	$51,350
Low Income (60%)	$37,200	$42,480	$47,820	$53,100	$57,360	$61,620

Circle Pine Apartments Details

20 one, two and three bedroom units.
Water and Sewer utilities included in rent
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance

Property Amenities

Community Room
24 Hour Maintenance
Convenient Location
On-Site Laundry

Unit Amenities

Water Trash and Sewer Included

Section 515 Rural Rental Housing

This property has received funding in part through the Section 515 Rural Rental Housing (Section 515) program. Very low, low, and moderate income families, elderly persons, and persons with disabilities are eligible to live at this property. Persons or Families living in substandard housing have priority for tenancy.

Section 521 USDA Rental Assistance

The property participates in the USDA Rural Development Rental Assistance program. This rental subsidy, available only to USDA Section 514, 515 and 516 properties, ensures renters only pay 30% of their adjusted income towards rent. USDA Rural Development Rental Assistance may not be available for all units at this property.