The Square On 31st is managed by Paramark Real Estate Services.
At the newly renovated Square on 31st, we offer efficiency, 1, and 2 bedroom apartments. Located in Rochester, MN we are able to accommodate residents with off street parking, spacious living rooms, on-site laundry, and a community playground. Rents are based on 30% of income. Contact the manager today to see if you qualify!
Unit (Bd/Ba) | Ft2 | Rent |
---|---|---|
Studio (Studio/1) | - | Income Based |
One Bedroom (1/1) | - | Income Based |
2 Bedroom (2/1) | - | Income Based |
The Square On 31st waiting list is currently open until further notice. The estimated wait lengths are as follows:
Efficiency: 3-18 Months
1 Bedroom: 12-24 Months
2 Bedroom: 3-18 Months
Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Rochester but actual income limits may differ for units at The Square On 31st.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
30% | $24,800 | $28,350 | $31,900 | $35,400 |
50% | $41,300 | $47,200 | $53,100 | $59,000 |
80% | $66,100 | $75,550 | $85,000 | $94,400 |
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 Rochester but actual income limits may differ for units at The Square On 31st.
AMI Band | 1 Person | 2 Person | 3 Person | 4 Person |
---|---|---|---|---|
Very Low Income (50%) | $41,300 | $47,200 | $53,100 | $59,000 |
Day | Hours |
---|---|
Monday | 9:00am-5:00pm |
Tuesday | 9:00am-5:00pm |
Wednesday | 9:00am-5:00pm |
Thursday | 9:00am-5:00pm |
Friday | 9:00am-5:00pm |
Since this property has a Project-Based Section 8 contract with HUD, some or all of the rents at this community are based on tenant incomes. Tenants leasing units participating in the Section 8 Project-Based Rental Assistance program typically contribute less than 30% of their adjusted income towards rental costs.
Apartment communities that participate in the Section 236 program are required to ensure that their units are only available to families with incomes at or below 80% of the area median income. Rents at participating communities must be approved by HUD.