What HUD offices serve What Cheer, 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.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near What Cheer.
How many renters live in What Cheer, Iowa?
The City of What Cheer has 724 people living in 262 households.
There are 235 renters living in 80 renter households in this City. Renters make up 32.46 percent of the population living in What Cheer.
What is the rental market like in What Cheer, Iowa?
There are an estimated 335 housing units in the What Cheer area. Of these, 93 units are rental homes, making up 28 percent of the housing market. For every renter household in What Cheer, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in What Cheer?
The rental vacancy rate in What Cheer is 6 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 What Cheer for each bedroom size?
Occupied Rental Units by Size in What Cheer
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 6 | 55 | 10 | 2 |
Occupied Rental Units by Size in What Cheer
A large number of apartments in What Cheer 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 What Cheer are overburdened by housing costs?
Among renter households in this market, 19 percent have housing cost burden. Further, 16 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 What Cheer
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,168. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $641 |
| One BR | $708 |
| Two BR | $877 |
| Three BR | $1,101 |
| Four BR | $1,168 |
2024 Fair Market Rents in What Cheer, Iowa
How many units are rented at Fair Market Rent (FMR) in What Cheer?
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 | 5 | 83 percent |
| Two BR | 41 | 75 percent |
Rental Units Below FMR in What Cheer, Iowa
How many affordable rental units are in What Cheer?
There are a variety of federal affordable housing programs serving households in What Cheer, Iowa including the following:
| Federal Program | Unit Count |
| Public Housing | 10 |
Tracked Units by Federal Program in What Cheer, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in What Cheer, Iowa
What Cheer features 4 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 What Cheer, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in What Cheer.
Housing Choice Vouchers in What Cheer, Iowa
On average, Section 8 Housing Choice vouchers pay What Cheer landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in What Cheer.
The maximum amount a voucher would pay on behalf of a low-income tenant in What Cheer, Iowa for a two-bedroom apartment is between $789 and $965.
Sourced from federal housing data and AffordableHousingOnline.com research.
