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

Discover affordable housing in Bremer County where there are 11+ 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.

Waverly Historic Lofts

201 1st St SE, Waverly, Iowa 50677

Lantern Park Apartments

908 6th St NW, Waverly, Iowa 50677

Waverly Homes

320 15th St NW, Waverly, Iowa 50677

Denver Apartments

201 Donna St, Denver, Iowa 50622

Waverly Manor

210 15th St NW, Waverly, Iowa 50677

Rolling Meadows Apartments

701 16th St SW, Waverly, Iowa 50677

Community Based Services Se Housing Proj

821 6th St NW, Waverly, Iowa 50677

Readlyn Area Hsg

202 E 5th St, Readlyn, Iowa

Sumner Housing Corp

105 Union Street, Sumner, Iowa

Frederick Haven Inc

207 2nd Avenue, Frederika, Iowa

Waverly Iha Apartments

909 6th St NW, Waverly, Iowa 50677

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bremer County, Iowa
$16.82/hour
$9.57 (+132%) more than Iowa minimum wage and $9.57 (+132%) more than the Federal minimum wage.
Learn More About Bremer County, Iowa Affordable Housing ↓

How many renters live in Bremer County, Iowa?

The County of Bremer County has 25,012 people living in 9,684 households.

There are 3,217 renters living in 1,592 renter households in this County. Renters make up 12.86 percent of the population living in Bremer County.

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

There are an estimated 10,493 housing units in the Bremer County area. Of these, 1,828 units are rental homes, making up 17 percent of the housing market. For every renter household in Bremer County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Bremer County?

The rental vacancy rate in Bremer County is 7 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 Bremer County for each bedroom size?

Occupied Rental Units by Size in Bremer County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 370 667 308 133
Occupied Rental Units by Size in Bremer County

A large number of apartments in Bremer 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 Bremer County are overburdened by housing costs?

Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Bremer County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $650 to $1,183. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $650
One BR $676
Two BR $888
Three BR $1,145
Four BR $1,183
2024 Fair Market Rents in Bremer County, Iowa

How many units are rented at Fair Market Rent (FMR) in Bremer 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 21 33 percent
One BR 268 72 percent
Two BR 378 57 percent
Rental Units Below FMR in Bremer County, Iowa

How many affordable rental units are in Bremer County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 120
Section 8 Project-Based Rental Assistance 101
USDA Section 515 Rural Rental Housing 92
Tracked Units by Federal Program in Bremer County, Iowa

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

Income Based Apartments in Bremer County, Iowa

Bremer County features 178 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 Bremer County, Iowa

There are 116 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bremer County.

Housing Choice Vouchers in Bremer County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Bremer County, Iowa for a two-bedroom apartment is between $799 and $977.

Sourced from federal housing data and AffordableHousingOnline.com research.