Sibley Park Apartments

410 Sibley Pkwy, Mankato, Minnesota 56001

Contact Sibley Park Apartments

Sibley Park Apartments has unique bi-level, as well as single level apartments. An elevator, lounge and on-site laundry are also included at this Energy Star - Green Community. This comunity offers 1, 2, and 3 bedroom apartments. An application fee of $25 per adult plus a $500 security deposit is due with your application.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	705	From $660 To $680
2 Bedroom (2/1)	1	From $740 To $820
3 Bedroom (3/2)	1	From $890 To $1,005

Eligibility for Sibley Park 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 Mankato but actual income limits may differ for units at Sibley Park Apartments.

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

Sibley Park Apartments Details

60 one, two and three bedroom units.
$25.00 application fee
Water and Sewer utilities included in rent
Heat utility included in rent
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Elevator
Fitness Center
Community Room
Garage
Landscaping
Snow Removal
Lawn Care
Smoke Free
Open Parking
Laundry Facility
Heat Included
On-Site Laundry

Unit Amenities

Central Air
Dishwasher
Microwave
Refrigerator
Sewer Included
Water Included
Stove

Nearby Amenities

Near Park
Near Walking and Riding Trail

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.