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

Discover affordable housing in Jasper County where there are 30+ 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.

Newton Place Apartments

222 North 4th Avenue West, Newton, Iowa 50208

Hunter's Run Apartments

821 S 13th Ave E, Newton, Iowa 50208

Baxter Park Apartments

206 Harrison Ct and 200 W State St, Baxter, Iowa 50028

Newton Park Apartments

1425 North 11th Avenue NE, Newton, Iowa 50208

Suncrest Village

1800 S 4th Ave E, Newton, Iowa 50208

Mitchellville Park Apartments

401 Center Ave S, Mitchellville, Iowa 50169

Newton Plaza Apartments

901 S 13th Ave E, Newton, Iowa 50208

Colfax Park

822 S Oak Park, Colfax, Iowa 50054

Candleridge of Newton

1224 N 4th Ave W, Newton, Iowa 50208

Prairie City Park

601 S Main St, Prairie City, Iowa 50228

Greenway of Newton

1501 N 11th Ave E, Newton, Iowa 50208

Woodland Heights Apartments

1800 W 4th St N, Newton, Iowa 50208

Progress Industries Group Homes

815 E 15th St N, Newton, Iowa 50208

Linden Place - Newton

1105 East 12th Street South, Newton, Iowa 50208

Hotel Maytag Apartments

105 N. 2nd Ave. E., Newton, Iowa 50208

Capstone Housing

313 E 4th St N, Newton, Iowa 50208

Baxter Senior Citizens

303 East Avenue, Baxter, Iowa

Monroe Senior Housing, Inc

108 Pleasant View Ln, Monroe, Iowa 50170

Ridgeview Apartments

101 Pleasantview Dr, Kellogg, Iowa 50135

Gateway Apartments

505 W Lincoln St, Monroe, Iowa 50170

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 Jasper County, 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 Jasper County, Iowa Affordable Housing ↓

What HUD offices serve Jasper County, 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 programs for Jasper County, Iowa.

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

How many renters live in Jasper County, Iowa?

The County of Jasper County has 37,808 people living in 14,630 households.

There are 7,425 renters living in 3,465 renter households in this County. Renters make up 19.64 percent of the population living in Jasper County.

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

There are an estimated 16,183 housing units in the Jasper County area. Of these, 3,728 units are rental homes, making up 23 percent of the housing market. For every renter household in Jasper County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Jasper County?

The rental vacancy rate in Jasper 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 Jasper County for each bedroom size?

Occupied Rental Units by Size in Jasper County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
31 815 1,590 825 176
Occupied Rental Units by Size in Jasper County

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

Among renter households in this market, 42 percent have housing cost burden. Further, 14 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 Jasper County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,235. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $652
One BR $656
Two BR $862
Three BR $1,198
Four BR $1,235
2024 Fair Market Rents in Jasper County, Iowa

How many units are rented at Fair Market Rent (FMR) in Jasper 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 28 90 percent
One BR 481 59 percent
Two BR 839 53 percent
Rental Units Below FMR in Jasper County, Iowa

How many affordable rental units are in Jasper County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 602
Public Housing 32
Section 8 Project-Based Rental Assistance 176
Section 811 Supportive Housing for Persons with Disabilities 21
USDA Section 515 Rural Rental Housing 161
Tracked Units by Federal Program in Jasper County, Iowa

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

Income Based Apartments in Jasper County, Iowa

Jasper County features 400 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 Jasper County, Iowa

There are 415 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jasper County.

Housing Choice Vouchers in Jasper County, Iowa

On average, Section 8 Housing Choice vouchers pay Jasper County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Jasper County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.