Low Income Apartments and Affordable Housing For Rent in Carlisle, IA

Discover affordable housing in Carlisle where there are 3+ 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.

Scotchview Elderly

705 John Goodhue Dr, Carlisle, Iowa 50047

Carlisle Park Apartments II

1225 Hardin Dr, Carlisle, Iowa 50047

Scotchview Manor

600 John Goodhue Dr, Carlisle, Iowa 50047

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Carlisle, Iowa
$20.45/hour
$13.20 (+182%) more than Iowa minimum wage and $13.20 (+182%) more than the Federal minimum wage.
Learn More About Carlisle, Iowa Affordable Housing ↓

What HUD offices serve Carlisle, 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), Public Housing, Family Self-Sufficiency, Emergency Housing Voucher (EHV) programs for Carlisle, Iowa.

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

How many renters live in Carlisle, Iowa?

The City of Carlisle has 4,116 people living in 1,542 households.

There are 634 renters living in 289 renter households in this City. Renters make up 15.4 percent of the population living in Carlisle.

What is the rental market like in Carlisle, Iowa?

There are an estimated 1,595 housing units in the Carlisle area. Of these, 289 units are rental homes, making up 18 percent of the housing market. For every renter household in Carlisle, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Carlisle?

The rental vacancy rate in Carlisle is 0 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 Carlisle for each bedroom size?

Occupied Rental Units by Size in Carlisle
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 68 111 81 18
Occupied Rental Units by Size in Carlisle

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

Among renter households in this market, 44 percent have housing cost burden. Further, 33 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 Carlisle

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $833 to $1,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $833
One BR $899
Two BR $1,080
Three BR $1,477
Four BR $1,481
2024 Fair Market Rents in Carlisle, Iowa

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

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 4 100 percent
One BR 43 63 percent
Two BR 89 80 percent
Rental Units Below FMR in Carlisle, Iowa

How many affordable rental units are in Carlisle?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 40
Tracked Units by Federal Program in Carlisle, Iowa

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

Income Based Apartments in Carlisle, Iowa

Carlisle features 40 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 Carlisle, Iowa

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carlisle.

Housing Choice Vouchers in Carlisle, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carlisle, Iowa for a two-bedroom apartment is between $972 and $1,188.

Sourced from federal housing data and AffordableHousingOnline.com research.