How many renters live in Moville, Iowa?
The City of Moville has 1,640 people living in 670 households.
There are 192 renters living in 133 renter households in this City. Renters make up 11.71 percent of the population living in Moville.
What is the rental market like in Moville, Iowa?
There are an estimated 691 housing units in the Moville area. Of these, 144 units are rental homes, making up 21 percent of the housing market. For every renter household in Moville, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Moville?
The rental vacancy rate in Moville 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 Moville for each bedroom size?
Occupied Rental Units by Size in Moville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 52 | 54 | 21 | 6 |
Occupied Rental Units by Size in Moville
A large number of apartments in Moville 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 Moville are overburdened by housing costs?
Among renter households in this market, 28 percent have housing cost burden. Further, 8 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 Moville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $685 |
| One BR | $780 |
| Two BR | $1,010 |
| Three BR | $1,228 |
| Four BR | $1,345 |
2024 Fair Market Rents in Moville, Iowa
How many units are rented at Fair Market Rent (FMR) in Moville?
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 | 49 | 94 percent |
| Two BR | 30 | 56 percent |
Rental Units Below FMR in Moville, Iowa
How many affordable rental units are in Moville?
There are a variety of federal affordable housing programs serving households in Moville, Iowa including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 20 |
Tracked Units by Federal Program in Moville, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Moville, Iowa
Moville features 20 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 Moville, Iowa
There are 12 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Moville.
Housing Choice Vouchers in Moville, Iowa
On average, Section 8 Housing Choice vouchers pay Moville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Moville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Moville, Iowa for a two-bedroom apartment is between $909 and $1,111.
Sourced from federal housing data and AffordableHousingOnline.com research.
