1500 Nicollet | Three Bedroom - M (60%)

1500 Nicollet participates in an affordable housing program. Rent at a Low Income Housing Tax Credit Program property has a rent advantage to the resident compared to other neighboring communities. Rental rates are a specific percentage below the area median income (AMI). To accommodate different household income levels, we offer 60% AMI homes and 80% AMI homes, which have different income requirements and are detailed below. This variety allows for more households to be eligible to call 1500 Nicollet home!

Before applying for an available floor plan, review the income limits to determine if you are eligible for a 60% AMI or 80% AMI home.

60% AMI HOMES

*Rental rates that are 60% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$52,200

$59,604

$67,080

$74,520

$80,520

$86,460

80% AMI HOMES

*Rental rates that are 80% of the Average Median Income. More information on Tax Credit/Affordable housing here.

Occupants

1 Occupant

2 Occupants

3 Occupants

4 Occupants

5 Occupants

6 Occupants

Max. Income

$69,600

$79,520

$89,440

$99,360

$107,360

$115,280

The household income is based on GROSS annual income (before any deductions) earned from all sources including; wages, social security payments, public assistance, pensions, annuities, interest income, dividends, stocks, bonds, insurance settlements, recurring gifts from family/friends, lottery winnings, etc. The property has a minimum household income requirement of 2.5 times the monthly rent amount to qualify. Third-party verification will be required of all income and copies of tax returns and pay stubs may be required.

Units are not available under selected Floor plan(s). Below are the available units for other floor plan(s).

Immediate move-in date selection is subject to the application approval process. On average the full application process can take 7-10 business days to complete. Please note that the move-in date you selected could change to accommodate the approval process. Reach out to the office with any questions you might have. Please select an apartment from the list below that best suits your needs.

One Bedroom - H (60%)

1 Bedroom | 1 Bathroom

Floor Plan

60% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #320	Sq. Ft.: 712	Rent: $1,370	Apply Now for apartment #320

One Bedroom - J (Hearing Impaired - 60%)

1 Bedroom | 1 Bathroom

Floor Plan |

60% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #217	Sq. Ft.: 712	Rent: $1,370	Apply Now for apartment #217

One Bedroom - L (80%)

1 Bedroom | 1 Bathroom

Floor Plan

80% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #503	Sq. Ft.: 749	Rent: $1,492 to - $1,591	Apply Now for apartment #503

One Bedroom - N (80%)

1 Bedroom | 1 Bathroom

Floor Plan

80% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #608	Sq. Ft.: 759	Rent: $1,448 to - $1,594	Apply Now for apartment #608
Apartment: #508	Sq. Ft.: 759	Rent: $1,498 to - $1,614	Apply Now for apartment #508

Two Bedroom - D (60%)

2 Bedrooms | 2 Bathrooms

Floor Plan

60% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #613	Sq. Ft.: 1,030	Rent: $1,641	Apply Now for apartment #613

Two Bedroom - U (60%)

2 Bedrooms | 2 Bathrooms

Floor Plan

60% Household Income Limit Restrictions

Apartment	Sq. Ft.	Rent	Action
Apartment: #228	Sq. Ft.: 1,123	Rent: $1,641	Apply Now for apartment #228

Prices and special offers valid for new residents only. Pricing and availability subject to change at any time.

Three Bedroom - M (60%)

60% AMI HOMES

80% AMI HOMES

One Bedroom - H (60%)

One Bedroom - J (Hearing Impaired - 60%)

One Bedroom - L (80%)

One Bedroom - N (80%)

Two Bedroom - D (60%)

Two Bedroom - U (60%)

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