Water's Edge Apartments

602 Mankato Ave, Winona, Minnesota 55987

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Water's Edge Apartments is managed by MetroPlains Management, LLC.

Welcome to Water's Edge in Winona, MN, where modern comfort meets natural beauty. This community offers a variety of apartment homes, including 1, 2, and 3-bedroom options to suit your lifestyle.

At Water's Edge, convenience and quality living is important. That's why these apartments come with an array of amenities designed to enhance your everyday life.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 684 Call for Price
Two Bedroom (2/1) 874 Call for Price
Three Bedroom (3/1.5) 1175 Call for Price

Eligibility for Water's Edge 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 Winona but actual income limits may differ for units at Water's Edge Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person
Very Low Income (50%) $32,400 $37,000 $41,650 $46,250 $49,950 $53,650
Low Income (60%) $38,880 $44,400 $49,980 $55,500 $59,940 $64,380

Water's Edge Apartments Details

  • 41 one, two and three bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Controlled Access
  • Elevator
  • Fitness Center
  • Playground
  • Community Room
  • Off-Street Parking
  • Bicycle Storage

Unit Amenities

  • Ceiling Fan(s)
  • Dishwasher
  • Walk-in Closet(s)
  • Washer and Dryer Included

Office Hours

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
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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