Mankato Townhomes

348 Bunting Ln, Mankato, Minnesota 56001

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Mankato Townhomes is managed by Paramark Real Estate Services.

 Mankato Townhomes offers a friendly small neighborhood atmosphere with extra amenities such as the children’s play area and a lot of open green space. Each townhome has an attached garage, central air conditioning, 1 1/2 baths, and a full sized coin-operated washer and dryer. This community offers 2 and 3 bedroom townhomes.

Unit (Bd/Ba) Ft2 Rent
2 Bedroom (2/1) - Call for Price
3 Bedroom (3/1) - Call for Price

Eligibility for Mankato Townhomes

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 Mankato but actual income limits may differ for units at Mankato Townhomes.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $33,400 $38,150 $42,900 $47,650 $51,500 $55,300
Low Income (60%) $40,080 $45,780 $51,480 $57,180 $61,800 $66,360

Mankato Townhomes Details

  • 24 two and three bedroom units.
  • Water and Sewer utilities included in rent
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Playground
  • Garage
  • Off-Street Parking
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Patio Deck Or Balcony
  • Water Trash and Sewer Included
  • Washer and Dryer Included

Nearby Amenities

  • Close to Public Transportation
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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