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

Discover affordable housing in Marion County where there are 12+ 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.

Villas at Fox Pointe

1801 Madelyn Dr, Knoxville, Iowa 50138

Madison Heights Apartments

1800 W Madison St, Knoxville, Iowa 50138

Fair Haven West

604 E 2nd St, Pella, Iowa 50219

Oakview I

1017 Levin Dr, Knoxville, Iowa 50138

The Reserves at Mill Creek

1135 W. 16th St., Pella, Iowa 50219

Windsor Ridge

1210 Eric Dr, Knoxville, Iowa 50138

Shady Creek Apartments

210 E Jefferson St, Pella, Iowa 50219

Meadow Wood Apartments

406 E 15th St, Pella, Iowa 50219

Unselected

1002 N Harlan St, Knoxville, Iowa 50138

Knoxville Park Apartments

1301 Gebhardt St, Knoxville, Iowa 50138

Meadow Wood of Pella - 410 E 115th St

410 E 15th St, Pella, Iowa 50219

Acn Knoxville Partners Lp

Lot A Madison Heights, Knoxville, Iowa 50138

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 Marion County, Iowa
$17.82/hour
$10.57 (+146%) more than Iowa minimum wage and $10.57 (+146%) more than the Federal minimum wage.
Learn More About Marion County, Iowa Affordable Housing ↓

What HUD offices serve Marion 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 Marion County, Iowa.

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

How many renters live in Marion County, Iowa?

The County of Marion County has 33,487 people living in 13,310 households.

There are 6,049 renters living in 3,048 renter households in this County. Renters make up 18.06 percent of the population living in Marion County.

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

There are an estimated 14,179 housing units in the Marion County area. Of these, 3,243 units are rental homes, making up 23 percent of the housing market. For every renter household in Marion County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Marion County?

The rental vacancy rate in Marion County is 4 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 Marion County for each bedroom size?

Occupied Rental Units by Size in Marion County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
139 746 1,298 610 222
Occupied Rental Units by Size in Marion County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 19 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 Marion County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $638 to $1,253. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $638
One BR $737
Two BR $941
Three BR $1,138
Four BR $1,253
2024 Fair Market Rents in Marion County, Iowa

How many units are rented at Fair Market Rent (FMR) in Marion 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 64 46 percent
One BR 434 58 percent
Two BR 701 54 percent
Rental Units Below FMR in Marion County, Iowa

How many affordable rental units are in Marion County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 278
Public Housing 59
Section 8 Project-Based Rental Assistance 25
Section 202 Supportive Housing for the Elderly 29
USDA Section 515 Rural Rental Housing 42
Tracked Units by Federal Program in Marion County, Iowa

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

Income Based Apartments in Marion County, Iowa

Marion County features 167 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 Marion County, Iowa

There are 206 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marion County.

Housing Choice Vouchers in Marion County, Iowa

On average, Section 8 Housing Choice vouchers pay Marion County landlords $0 per month towards rent. The average voucher holder contributes $300 towards rent in Marion County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Marion County, Iowa for a two-bedroom apartment is between $847 and $1,035.

Sourced from federal housing data and AffordableHousingOnline.com research.