North and South Oak Apartments

600 Spring Street N, Northfield, Minnesota 55057

Contact North and South Oak Apartments

One and two bedroom apartments with many updates! You'll love the location, just minutes from parks, schools, and restaurants.

At this time, we do not have rental assistance available.

An application fee of $25 per adult plus a security deposit of $600 is due with your application.

Unit (Bd/Ba)	Ft²	Rent
1 Bedroom (1/1)	530	From $629 To $655
2 Bedroom (2/1)	725	From $659 To $675

Eligibility for North and South Oak Apartments

North and South Oak Apartments Details

24 one and two bedroom units.
Section 515 Rural Rental Housing
Section 521 USDA Rental Assistance
Low-Income Housing Tax Credit (LIHTC)

Property Amenities

Off Street Parking
Smoke Free
24 Hour Maintenance
Heat Included
On-Site Laundry

Unit Amenities

Dishwasher
Refrigerator
Water Trash and Sewer Included
Stove

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.

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.