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

Discover affordable housing in Garnavillo 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.

Prestige Court Inc

106 N Rutland St, Garnavillo, Iowa

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

How many renters live in Garnavillo, Iowa?

The City of Garnavillo has 790 people living in 339 households.

There are 115 renters living in 68 renter households in this City. Renters make up 14.56 percent of the population living in Garnavillo.

What is the rental market like in Garnavillo, Iowa?

There are an estimated 371 housing units in the Garnavillo area. Of these, 74 units are rental homes, making up 20 percent of the housing market. For every renter household in Garnavillo, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Garnavillo?

The rental vacancy rate in Garnavillo is 8 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 Garnavillo for each bedroom size?

Occupied Rental Units by Size in Garnavillo
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
13 2 35 12 6
Occupied Rental Units by Size in Garnavillo

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

Among renter households in this market, 65 percent have housing cost burden. Further, 24 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 Garnavillo

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,148. 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 $1,067
Four BR $1,148
2024 Fair Market Rents in Garnavillo, Iowa

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

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 0 100 percent
One BR 1 50 percent
Two BR 20 57 percent
Rental Units Below FMR in Garnavillo, Iowa

How many affordable rental units are in Garnavillo?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 9
Tracked Units by Federal Program in Garnavillo, Iowa

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

Income Based Apartments in Garnavillo, Iowa

Garnavillo features 9 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 Garnavillo, Iowa

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

Housing Choice Vouchers in Garnavillo, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.