Affordable
Convenience Meets Affordability
The Lago participates in the
Minneapolis Affordable Housing program, offering convenience and
affordability to create the perfect home for you and your family. Here's
what you can expect when you choose to live in one of our 4D apartments:
Quality Living at an Affordable Price
Enjoy modern, spacious apartments at a significantly lower price than
surrounding apartments. Our affordable housing ensures that you have
access to high-quality housing at rent levels that fit your budget, making it
easier to manage your expenses and enjoy life.
Modern Amenities
Relax and unwind with our range of amenities designed to enhance your
living experience. From a fitness center and rooftop lounge to
beautifully designed apartments with modern appliances, we provide the
perfect environment for you to live, work, and play. The Lago is
strategically located in the vibrant Uptown neighborhood, offering
easy access to public transportation, schools, shopping, parks and lakes.
Youll love the convenience of having everything you need just minutes away.
Supportive Community
Join a welcoming and diverse community at The Lago. Our management team
is dedicated to fostering a friendly and inclusive atmosphere, organizing
events and activities that bring residents together.
Professional Management
Experience hassle-free living with our professional property management
team. Were here to handle maintenance requests promptly and efficiently,
ensuring your home is always in top condition.
Commitment to Affordability
Rest assured that your rent will remain affordable throughout your stay.
Our commitment to the affordable housing program means we adhere
to guidelines to ensure rents stay within reach for households earning at
or below 60% of the Area Median Income (AMI).
Apartment Qualifications
Qualifying for one of our affordable apartments depends on your household size and income. Please inquire with our friendly staff to see if you qualify. The general income guidelines are as follows:
Household of 1: $52,200/year $4,350/month
Household of 2: $59,640/year $4,970/month
Household of 3: $67,080/year $5,590/month
Household of 4: $74,520/year $6,210/month
Household of 5: $80,520/year $6,710/month
Household of 6: $86,460/year $7,205/month
Household of 7: $92,460/year $7,705/month
Household of 8: $98,400/year $8,200/month
