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  <xs:element name="DisposalGroupIncludingDiscontinuedOperationOtherIncome" id="iret_DisposalGroupIncludingDiscontinuedOperationOtherIncome" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xs:element name="MinotNorthDakotaMember" id="iret_MinotNorthDakotaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="BismarckNorthDakotaMember" id="iret_BismarckNorthDakotaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="OmahaNebraskaMember" id="iret_OmahaNebraskaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="RapidCitySouthDakotaMember" id="iret_RapidCitySouthDakotaMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="CypressCourtApartmentDevelopment-StCloudMnMember" id="iret_CypressCourtApartmentDevelopment-StCloudMnMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="MinotIps-MinotNdMember" id="iret_MinotIps-MinotNdMember" type="nonnum:domainItemType" substitutionGroup="xbrli:item" nillable="true" abstract="true" xbrli:periodType="duration" />
  <xs:element name="AcquisitionsDateOfTransactionForAcquisitionOrDisposal" id="iret_AcquisitionsDateOfTransactionForAcquisitionOrDisposal" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xs:element name="DisposalsDateOfTransactionForAcquisitionOrDisposal" id="iret_DisposalsDateOfTransactionForAcquisitionOrDisposal" type="xbrli:dateItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="duration" />
  <xs:element name="NumberOfApartmentUnitsAcquisitions" id="iret_NumberOfApartmentUnitsAcquisitions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xs:element name="NumberOfApartmentUnitsDispositions" id="iret_NumberOfApartmentUnitsDispositions" type="xbrli:integerItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xs:element name="AreaOfRealEstatePropertyDispositions" id="iret_AreaOfRealEstatePropertyDispositions" type="num:areaItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xs:element name="AreaOfRealEstatePropertyAcquisitions" id="iret_AreaOfRealEstatePropertyAcquisitions" type="num:areaItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
  <xs:element name="AreaOfVacantLandAcquired" id="iret_AreaOfVacantLandAcquired" type="num:areaItemType" substitutionGroup="xbrli:item" nillable="true" abstract="false" xbrli:periodType="instant" />
</xs:schema>
