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

Discover affordable housing in Manilla 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.

Manilla Development

4th St and N. 5th St., Manilla, Iowa

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

What HUD offices serve Manilla, 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), Family Self-Sufficiency programs for Manilla, Iowa.

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

How many renters live in Manilla, Iowa?

The City of Manilla has 733 people living in 275 households.

There are 126 renters living in 55 renter households in this City. Renters make up 17.19 percent of the population living in Manilla.

What is the rental market like in Manilla, Iowa?

There are an estimated 300 housing units in the Manilla area. Of these, 55 units are rental homes, making up 18 percent of the housing market. For every renter household in Manilla, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Manilla?

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

Occupied Rental Units by Size in Manilla
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 22 3 20
Occupied Rental Units by Size in Manilla

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

Among renter households in this market, 9 percent have housing cost burden. Further, 2 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 Manilla

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,387. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $768
Two BR $862
Three BR $1,106
Four BR $1,387
2024 Fair Market Rents in Manilla, Iowa

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

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
One BR 10 100 percent
Two BR 21 95 percent
Rental Units Below FMR in Manilla, Iowa

How many affordable rental units are in Manilla?

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

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

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

Income Based Apartments in Manilla, Iowa

Manilla 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 Manilla, Iowa

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

Housing Choice Vouchers in Manilla, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.