Commerce Building Apartments - St Paul

Commerce Building Apartments - St Paul Apartment Details

Wait list currently open.

Housing Program(s)Section 42Bedrooms1, 2 Bedroom units.

The Commerce Building is proudly part of the tax-credit program.

As a participant, they are able to provide you with unique apartments at prices that still fit within your budget.

Tax Credit apartments are governed by section 42 of the IRS code, which is why they are sometimes called Section 42 housing.

This program was set in place in 1980 as a program designed to assist median income households.

The rent amounts for tax credit apartments are set based on 30%, 40%, 50%, or 60% of the median gross income for the area.

The occupants of these apartments must, therefore, be at or below 30%, 40%, 50%, or 60% of the median gross income for the area, adjusted for household size.

1 bedroom apartments at location
2 bedroom apartments at location

Important information
Waiting Lists
Most low income apartments have waiting lists. Some of these lists can take years until you can be called for openings. The key is to try to get on as many waiting lists as possible.

Call The Apartments Directly
We provide phone numbers and websites. Call the apartments directly if they have openings or open waiting lists.

Apartment Rates
We provide current apartment rates on many listing pages. Most HUD listings do not have published rates. They are based on 30% of the renters adjustable gross income. You will need to contact the apartments to determine if you qualify for income based rent.

Apartment Rental and informational statistics for zip code

Median apartment rental rate in this zip code	$1,251
Population in zip code	7,743
Median age of those living in this zip code	35.1
Average household income of those living in this zip code	$58,583
Average home value in this zip code	$211,742