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

Discover affordable housing in Garner 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.

Garner Village Apartments

355 W 12th St, Garner, Iowa 50438

calendar_today Opened: Apr 10
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

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

What HUD offices serve Garner, 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 Public Housing programs for Garner, Iowa.

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

How many renters live in Garner, Iowa?

The City of Garner has 3,065 people living in 1,287 households.

There are 665 renters living in 294 renter households in this City. Renters make up 21.7 percent of the population living in Garner.

What is the rental market like in Garner, Iowa?

There are an estimated 1,329 housing units in the Garner area. Of these, 294 units are rental homes, making up 22 percent of the housing market. For every renter household in Garner, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Garner?

The rental vacancy rate in Garner 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 Garner for each bedroom size?

Occupied Rental Units by Size in Garner
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 86 113 70 9
Occupied Rental Units by Size in Garner

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

Among renter households in this market, 46 percent have housing cost burden. Further, 35 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 Garner

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,463. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $700
Two BR $862
Three BR $1,183
Four BR $1,463
2024 Fair Market Rents in Garner, Iowa

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

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 11 100 percent
One BR 28 33 percent
Two BR 59 52 percent
Rental Units Below FMR in Garner, Iowa

How many affordable rental units are in Garner?

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

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

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

Income Based Apartments in Garner, Iowa

Garner features 24 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 Garner, Iowa

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

Housing Choice Vouchers in Garner, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.