Homestead Apartments

(1)
Verified Listing
From $800
  • 1-3 Beds
  • 1 Bath
140 Homestead Drive, Mankato, MN 56001
Income Restricted

Floorplans

Updated Today
One Bedroom - Section 8
  • 1 Bed
  • 1 Bath
  • 654 Sqft
Available now
Ask for Pricing Available now
Two Bedroom - Tax Credit
  • 2 Beds
  • 1 Bath
  • 880 - 882 Sqft
Available now
$950 - $1,050 Available now
Two Bedroom - Market Rate
  • 2 Beds
  • 1 Bath
  • 880 Sqft
Available now
$1,000 - $1,100 Available now
Three Bedroom - Market Rate
  • 3 Beds
  • 1 Bath
  • 1,032 - 1,054 Sqft
Available now
$1,250 Available now
One Bedroom - Tax Credit
  • 1 Bed
  • 1 Bath
  • 654 Sqft
$800 - $875
One Bedroom - Market Rate
  • 1 Bed
  • 1 Bath
  • 654 Sqft
$850 - $925
Two Bedroom - Section 8
  • 2 Beds
  • 1 Bath
  • 800 - 880 Sqft
Ask for Pricing
Three Bedroom - Tax Credit
  • 3 Beds
  • 1 Bath
  • 1,032 - 1,054 Sqft
$1,150

Estimated Fees

  • Security Deposit: $500 - $1,035
  • Application Fees: $35
  • No pets allowedSorry, pets are not allowed at Homestead Apartments.

The fees are estimates and actual amounts may vary. Pricing and availability are subject to change. For details, contact the property.

Visit Property Website

Apartment Amenities

  • Refrigerator
  • Range
  • Large Closets
  • Air Conditioner
  • Cable Ready
  • Window Coverings

Community Amenities

  • Rent Includes Heat, Water, Sewer, and Trash
  • Laundry Facilities
  • Off Street Parking
  • Playground
  • On-Site Maintenance
  • Community Garden

  • Apartments in the Community: 120
  • Buildings in the Community: 5
  • Number of Stories: 2 - 3
  • Year Built: 1972

The initial maximum number of residents allowed is equal to two persons per bedroom. Each unit is limited to no more than two unrelated or four related adults. A related adult is defined as either a child, dependent, or parent of the head of household. Please note: Specific student rules apply. At least one member of each household must NOT be a full-time student. Please call Autumn for details.   We provide spacious two-bedroom apartments with ample in-unit storage space, a dining area, and large windows. Knollcrest offers off-street parking at no cost with the option of a garage or secure storage unit for an additional cost. Sitting by the fire pit on our outdoor patio is the perfect place to relax at the end of the day. We allow up to two pets per unit with a non-refundable pet fee. There is plenty of green space around the property for dogs to exercise.We are in the process of various updates both in and outside each of the buildings.
APPLICATION Click HERE to access a Tax Credit application for Homestead Apartments. Click HERE to access a Section 8 application for Homestead Apartments. INCOME RESTRICTIONS Income and student restrictions apply at Homestead Apartments. Depending on the unit, households may need to make under a certain amount to qualify. The total annual household gross income is considered. In addition, depending on the household size, not all household members can be full time students. Please contact us for details.   HOUSEHOLD SIZE SECTION 8 - 30% AMI SECTION 8 - 50% AMI SECTION 8 - 80% AMI HTC PARIF 1 Person $22,000 $36,650 $58,650 $43,980 $93,600 2 People $25,150 $41,900 $67,000 $50,280 $93,600 3 People $28,300 $47,150 $75,400 $56,580 $93,600 4 People $32,150 $52,350 $83,750 $62,820 $93,600 5 People $37,650 $56,550 $90,450 $67,869 $93,600 6 People $43,150 $60,750 $97,150 $72,900 $93,600 Income limits subject to change per applicable affordable housing program guidelines. SECURITY DEPOSIT + APPLICATION Market Rate Units: An application fee of $35/adult and a security deposit equal to the first month of rent is due at time of application. Housing Tax Credit Units: An application fee of $35/adult and a security deposit equal to the first month of rent is due at time of application. Section 8 Units: A security deposit equal to one month of rent is due at time of lease signing. SECTION 8 VOUCHERS We gladly welcome Section 8 Vouchers in various units at Homestead Apartments. OCCUPANCY The initial maximum number of residents in a unit is equal to two persons per bedroom unless otherwise stated in the property's Resident Selection Plan, where applicable. Each unit is limited to no more than two unrelated or four related adult persons per unit. Lloyd Management defines a related adult person as either a child, dependent, or parent of the head of household. General occupancy standards and any federal, state, or local housing ordinances will supersede this policy. UTILITIES Heat, water, sewer, and trash are included with the monthly rent payment. Residents are responsible for electricity.
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Ratings and Reviews

4.5 Fabulous
1 Review
  • Parking
    5/5
  • Amenities
    5/5
  • Maintenance
    4/5
  • Staff
    5/5
  • Value
    5/5
  • Location
    5/5
  • Noise
    4/5
Verified Resident

Resident content.

My daughter and I are enjoying a 2 bedroom apartment. Management is friendly. Informative, and takes action well when there is a question or need.

Sandra J. Apr 20, 2021

Average Utility Costs in Minnesota

Electricity
$109
Gas
$82
Water
$36
Sewer
$44
Cable
$64
Internet
$35

Prices in the Area

This Community Mankato, MN
1 Bed1 Bedroom $800 - $925 $800 - $1,536
2 Beds2 Bedrooms $950 - $1,100 $900 - $1,780
3 Beds3 Bedrooms $1,250 $800 - $2,600

Location

140 Homestead Drive, Mankato, MN 56001
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Calculate commute by driving, cycling or walking, where available.
Commute calculator powered by Walk Score® Travel Time
86 /100
Very Walkable
79 /100
Very Bikeable
Walk Score®: 86, Bike Score®: 79

  • Cherry Street 0.06 mi
  • Center St & Belgrade Ave 0.63 mi
  • MSU - McElroy Residence Community 0.95 mi
  • Memorial Library 1.06 mi
  • MSU - Julia A. Sears Residence Community 1.11 mi
  • Balcerzak Drive 1.11 mi
Nearby Transit
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Contact Information

  • Monday-Friday 8:30AM-3:00PM

Prices and availability for this property were last updated Today.

The following floorplans are available: 2-bedrooms apartments from $950.

The most popular nearby apartments are: Homestead Apartments and Legacy Park Estates.

Currently, Homestead Apartments has 5 available units.

The business hours are:
  • Monday-Friday 8:30AM-3:00PM