Comptroveby RentSpire

Sterling Ponds Apartments

16355 Wagner Way, Eden Prairie, MN, 55344

subsidized 112 units (unit count basis: listing-reported) Built 1990 FEMA/NRI hazard read: Relatively Low

Asking & effective rent by bedroom

Average asking rent across observed units: $1,694. Average effective rent: $1,694.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,590$1,5908756
2 bedroom$1,787$1,7879895

HUD Fair Market Rent gap

HUD area: Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.thiestalle.com/properties/sterlingponds-eden-prairie.html — 18 observation(s), last observed Jul 26, 2026.

Data age: 22 days. Last observed: Jul 26, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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