Minnesota

Tax credit apartments in Minnetonka, MN

HUD's database lists 6 properties in Minnetonka built or rehabbed with low-income housing tax credits: 734 apartments, 530 of them income-restricted. Rents in those units are capped while each property's affordability agreement runs, and you qualify by income; many properties still keep waiting lists.

Equal housing opportunity. Tax credit properties must follow the Fair Housing Act, which bars discrimination because of race, color, religion, sex, disability, familial status or national origin, and they may not refuse an applicant because the applicant holds a Housing Choice (Section 8) voucher (IRC 42(h)(6)(B)(iv)). Properties HUD lists as senior housing may limit who lives there by age only as the Fair Housing Act's housing-for-older-persons exemption allows. To report housing discrimination, call HUD at 1-800-669-9777.

LIHTC Atlas does not own, manage or rent these apartments and does not take applications. Contact each property's management for availability, rents and income rules. Listings come from HUD's database and may be out of date.

Bren Road Station

11001 Bren Road East, Minnetonka, MN 55343

59 1BR, 149 2BR, 54 3BR

Apartments
262
Income-restricted
262
Placed in service
2021

Crown Ridge Apartments

11367 Fairfield Rd, Minnetonka, MN 55345

12 1BR, 35 2BR, 16 3BR

Apartments
64
Income-restricted
46
Placed in service
1998

Minnetonka Heights

Multiple Building Addresses, Minnetonka, MN 55345

103 1BR, 49 2BR, 20 3BR

Apartments
172
Income-restricted
151
Placed in service
2000

Minnetonka Mills Townhomes

Multiple Building Addresses, Minnetonka, MN 55343

7 2BR, 17 3BR, 7 4BR

Apartments
30
Income-restricted
29
Placed in service
1998

The Chase At Nine Mile Creek (Fka Rowland Apts)

5709 Rowland Rd, Minnetonka, MN 55431

85 1BR, 21 2BR

Apartments
106
Income-restricted
22
Placed in service
2017

Tonka On The Creek

9731 Minnetonka Boulevard, Minnetonka, MN 55305

6 1BR, 31 2BR

Apartments
100
Income-restricted
20
Placed in service
2016

Source: HUD's national LIHTC database (LIHTCPUB, revised May 28, 2026; projects placed in service through 2024). Properties a state agency has flagged as no longer monitored are left out; properties placed in service after 2024 are not in HUD's database yet.

How tax credit apartments work

Each income-restricted unit has a maximum rent set from the area's income limits: gross rent, including a utility allowance for tenant-paid utilities, can't go above 30% of the income limit for the unit's size. The rent doesn't change with your own income, so a household near the bottom of the range pays the same rent as one near the top. That's different from public housing or a voucher, where you pay a share of what you earn.

To qualify, your household's income has to be at or under the limit the unit is set at, usually 50% or 60% of the area median, and up to 80% in some buildings. Management checks income, and assets, when you apply. A household made up entirely of full-time students generally can't qualify, with exceptions in IRC 42(i)(3)(D) such as single parents and married students filing jointly. More on qualifying.

You can apply with a Housing Choice voucher, and the property can't turn you down because you have one.