Low Income Apartments and Affordable Housing For Rent in Belle Plaine, IA

Discover affordable housing in Belle Plaine where there are 1+ 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.

Bell Plaine Village

1407 Sunset Dr, 1307-1409 12th Ave, Belle Plaine, Iowa 52208

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Belle Plaine, 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 Belle Plaine, Iowa Affordable Housing ↓

What HUD offices serve Belle Plaine, Iowa?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Belle Plaine, Iowa.

Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Belle Plaine.

How many renters live in Belle Plaine, Iowa?

The City of Belle Plaine has 2,421 people living in 990 households.

There are 386 renters living in 173 renter households in this City. Renters make up 15.94 percent of the population living in Belle Plaine.

What is the rental market like in Belle Plaine, Iowa?

There are an estimated 1,177 housing units in the Belle Plaine area. Of these, 213 units are rental homes, making up 18 percent of the housing market. For every renter household in Belle Plaine, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Belle Plaine?

The rental vacancy rate in Belle Plaine is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Belle Plaine for each bedroom size?

Occupied Rental Units by Size in Belle Plaine
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 69 42 40 22
Occupied Rental Units by Size in Belle Plaine

A large number of apartments in Belle Plaine 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 Belle Plaine are overburdened by housing costs?

Among renter households in this market, 38 percent have housing cost burden. Further, 10 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 Belle Plaine

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,257. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $584
One BR $656
Two BR $862
Three BR $1,140
Four BR $1,257
2024 Fair Market Rents in Belle Plaine, Iowa

How many units are rented at Fair Market Rent (FMR) in Belle Plaine?

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
One BR 57 83 percent
Two BR 30 71 percent
Rental Units Below FMR in Belle Plaine, Iowa

How many affordable rental units are in Belle Plaine?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 70
Tracked Units by Federal Program in Belle Plaine, Iowa

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

Income Based Apartments in Belle Plaine, Iowa

Belle Plaine features 70 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 Belle Plaine, Iowa

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Belle Plaine.

Housing Choice Vouchers in Belle Plaine, Iowa

On average, Section 8 Housing Choice vouchers pay Belle Plaine landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Belle Plaine.

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

Sourced from federal housing data and AffordableHousingOnline.com research.