Commonwealth Terrace Co-op

[email protected] www.umnctc.org (651) 646-7526

Application Overview & What to Expect Before filling out this application, please ensure your understanding of our eligibility requirements and priority status evaluation process. A $50.00 non-refundable application fee (US funds only) is required with this application, due once an apartment offer is accepted by the applicant. Please keep in mind that our application pool time varies throughout the year and the wait can range from anywhere from one to twelve months. Our leases are month to month, in which we cannot predict the openings of apartments more than 60 days in advance: availability depends entirely on when current residents decide to move out and submit a vacate notice. Therefore, it is always in your best interest to apply as soon as possible and includes any flexibility of move-in dates to increase the probability of moving in at your desired time. When your name comes up for an available apartment, we will contact you via email with the offer and all other applicable information. Until then, feel free to contact us for any questions or an evaluation status on your application.   Available Unit Types and Floor Plans We offer one, two, and three bedroom units. View the floor plans of the apartments below to see what best suits your needs. Residents that choose to become members of the co-op will receive a reduction in each month’s rent. Availability listed on the website is subject to change, please contact [email protected] for the most up to date information.   Occupancy Limits One bedroom: minimum 1 adult; maximum 2 people (two coupled adults, one adult, or one adult with one minor) Two bedrooms: minimum 1 adult; maximum 4 people, but no more than 2 adults Three bedrooms: minimum 2 people; maximum 5 people, but no more than 2 adults   Rate Structure for New Residents (Fiscal Year 2025-2026): Effective July 1, 2025-June 30, 2026  One-Bedroom Two-Bedroom Three Bedroom Lower Level Upper Level Split Level Phase IV Phase IV Member Rate $919 $936 $1239 $1244 $1535 Non-member Fee $60 $60 $60 $60 $60 Non-member Rate $979 $996 $1299 $1304 $1595 Rate Structure for New Residents (Fiscal Year 2026-2027): Effective July 1, 2026-June 30, 2027 One-Bedroom Two-Bedroom Three Bedroom Lower Level Upper Level Split Level Phase IV Phase IV Member Rate $947 $964 $1276 $1281 $1581 Non-member Fee $60 $60 $60 $60 $60 Non-member Rate $1,007 $1,024 $1,336 $1,341 $1,641 Disclaimer: Please note that rental rates are subject to change with the start of our upcoming fiscal year. New rates will go into effect beginning July 1. To view both current and upcoming rates, please check back here.   Fee Schedule The Fee Schedule serves as a comprehensive guide for residents, outlining charges related to services beyond rental rates and potential penalties for policy violations within our cooperative community.   Fiscal Year 25-26 Effective July 1, 2025 - June 30, 2026 FEE SCHEDULE FY 2025-2026.

CTC maintains a waiting list due to the popularity of quality student family cooperative living. Apply to our waitlist to be matched with your desired size of apartment when it becomes available.