Low Income Apartments and Affordable Housing For Rent in Allamakee County, IA

Discover affordable housing in Allamakee County where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Waukon Apartments

631 3rd Ave NW, Waukon, Iowa 52172

Westwood Apartments

619 3rd Ave NW, Waukon, Iowa 52172

Allamakee Housing

607 2nd St SW, Waukon, Iowa 52172

Southcrest Manor II

602 2nd St SW, Waukon, Iowa 52172

Holzhaus Apartments

121 E Tilden St, Postville, Iowa

New Albin - 228 Third Street Se

228 3rd St SE, New Albin, Iowa 52160

Postville Partners, Lp

523 Lilac Ln, Postville, Iowa 52162

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Allamakee County, Iowa
$16.33/hour
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Allamakee County, Iowa Affordable Housing ↓

How many renters live in Allamakee County, Iowa?

The County of Allamakee County has 14,046 people living in 5,970 households.

There are 2,485 renters living in 1,192 renter households in this County. Renters make up 17.69 percent of the population living in Allamakee County.

What is the rental market like in Allamakee County, Iowa?

There are an estimated 7,696 housing units in the Allamakee County area. Of these, 1,213 units are rental homes, making up 16 percent of the housing market. For every renter household in Allamakee County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Allamakee County?

The rental vacancy rate in Allamakee County is 2 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Allamakee County for each bedroom size?

Occupied Rental Units by Size in Allamakee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 190 440 330 173
Occupied Rental Units by Size in Allamakee County

A large number of apartments in Allamakee County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Allamakee County are overburdened by housing costs?

Among renter households in this market, 27 percent have housing cost burden. Further, 20 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Allamakee County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,221. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $656
Two BR $862
Three BR $1,103
Four BR $1,221
2024 Fair Market Rents in Allamakee County, Iowa

How many units are rented at Fair Market Rent (FMR) in Allamakee County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 2 50 percent
One BR 113 59 percent
Two BR 269 61 percent
Rental Units Below FMR in Allamakee County, Iowa

How many affordable rental units are in Allamakee County?

There are a variety of federal affordable housing programs serving households in Allamakee County, Iowa including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 66
Section 8 Project-Based Rental Assistance 16
USDA Section 515 Rural Rental Housing 74
Tracked Units by Federal Program in Allamakee County, Iowa

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Allamakee County, Iowa

Allamakee County features 74 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Allamakee County, Iowa

There are 66 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Allamakee County.

Housing Choice Vouchers in Allamakee County, Iowa

On average, Section 8 Housing Choice vouchers pay Allamakee County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Allamakee County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Allamakee County, Iowa for a two-bedroom apartment is between $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.