LADDER260 — Income-Restricted Housing in Minneapolis, MN 55415
260 Portland Avenue, Minneapolis, MN 55415
90 units · Studio–2 BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2024
- Income limit
- 60% AMI
- Bedrooms
- 22 Studio · 51 1 bedroom · 17 2 bedrooms
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Nearby income-restricted buildings
Riverdale Station Apts.
233 Park Ave Ste 201, Minneapolis, MN 55415
0.1 mi away
65 units · 6 income-restricted · 1 BR
St Anthony Mills Apartments
720 Washington Avenue South, Minneapolis, MN 55415
0.1 mi away
93 units · 85 income-restricted · Studio–2 BR · People with disabilities
Emanuel Housing
818 South 3rd Street, Minneapolis, MN 55415
0.2 mi away
101 units · Studio–1 BR · People with disabilities · People experiencing homelessness
Barnabas Apartments
906 South 7th Street, Minneapolis, MN 55415
0.5 mi away
52 units · 42 income-restricted · Studio
Paige Hall
727 Fifth Ave S, Minneapolis, MN 55415
0.5 mi away
69 units
- Affordability period may have ended — call to confirm
Rents and income limits in 55415
- Fair market rent, 2 bedrooms
- $2,400/mo
- Income needed to pay it at 30% of income
- $96,000/yr
- Renters in 55415 paying 30% or more of income on rent
- 42%
Income limits (2026)
Minneapolis-St. Paul-Bloomington, MN-WI area · median family income $131,500. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $27,650 | $46,050 | $73,650 |
| 2 | $31,600 | $52,600 | $84,200 |
| 3 | $35,550 | $59,200 | $94,700 |
| 4 | $39,450 | $65,750 | $105,200 |
| 5 | $42,650 | $71,050 | $113,650 |
| 6 | $45,800 | $76,300 | $122,050 |
| 7 | $50,040 | $81,550 | $130,450 |
| 8 | $55,720 | $86,800 | $138,900 |
Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.
Fair market rents (2027)
HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.
| Size | 55415 | Wider area |
|---|---|---|
| Studio | $1,750 | $1,265 |
| 1 bedroom | $1,980 | $1,427 |
| 2 bedrooms | $2,400 | $1,734 |
| 3 bedrooms | $3,130 | $2,264 |
| 4 bedrooms | $3,510 | $2,538 |
Wider area = Minneapolis-St. Paul-Bloomington, MN-WI. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,540 (55454) to $2,600 (55401).
Census figures for 55415 (2020–2024 average): median rent $1,870. Median household income $124,921. 66% of homes are rented. 42% of renters pay 30% or more of their income on rent, and 17% pay half or more.
Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.
Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.
Estimate your Section 8 rent share
Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 55415's fair market rent.
Estimate your Section 8 rent share for 55415Frequently Asked Questions
How do I apply to LADDER260?
No phone is listed for LADDER260. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is LADDER260 Section 8 housing?
LADDER260 is listed as income-restricted housing in Minneapolis, MN 55415 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at LADDER260?
Public records list 90 units at LADDER260 in Minneapolis, MN 55415. That is a building size, not a count of open apartments.
Are there other affordable apartments near LADDER260?
Yes — this page lists other income-restricted buildings in 55415 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.
People Also Ask
How do I get into LADDER260?
Call the number on this page and ask about the waiting list or how to apply at LADDER260 in Minneapolis, MN 55415. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.
How do I qualify for affordable housing in Minneapolis, MN 55415?
Most income-restricted buildings in Minneapolis, MN 55415 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $46,050, and $65,750 for a 4-person household. Public housing can go up to 80% ($73,650 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.
What is the income limit for low-income housing in Minneapolis, MN 55415?
For many programs in Minneapolis, MN 55415, the 2026 HUD very low-income (50%) limit is $46,050 a year for 1 person and $65,750 for 4 people. The low-income (80%) limit is $73,650 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.
How much rent do you pay for low-income housing in Minneapolis, MN 55415?
In public housing and most Section 8 in Minneapolis, MN 55415, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Minneapolis, MN 55415 is $2,400 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.
Does LADDER260 take Section 8 vouchers?
This file does not say that LADDER260 has a project-based Section 8 contract. Some landlords in Minneapolis, MN 55415 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call LADDER260.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.