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

Discover affordable housing in Adams County where there are 17+ 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.

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 Adams County, Iowa
$17.54/hour
$10.29 (+142%) more than Iowa minimum wage and $10.29 (+142%) more than the Federal minimum wage.
Learn More About Adams County, Iowa Affordable Housing ↓

What HUD offices serve Adams 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 Adams County, Iowa.

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

How many renters live in Adams County, Iowa?

The County of Adams County has 3,680 people living in 1,523 households.

There are 591 renters living in 291 renter households in this County. Renters make up 16.06 percent of the population living in Adams County.

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

There are an estimated 1,893 housing units in the Adams County area. Of these, 318 units are rental homes, making up 17 percent of the housing market. For every renter household in Adams County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Adams County?

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

Occupied Rental Units by Size in Adams County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 67 64 98 34
Occupied Rental Units by Size in Adams County

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

Among renter households in this market, 27 percent have housing cost burden. Further, 10 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 Adams County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $676 to $1,233. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $676
One BR $705
Two BR $926
Three BR $1,120
Four BR $1,233
2024 Fair Market Rents in Adams County, Iowa

How many units are rented at Fair Market Rent (FMR) in Adams 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 3 75 percent
One BR 53 79 percent
Two BR 34 53 percent
Rental Units Below FMR in Adams County, Iowa

How many affordable rental units are in Adams County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 12
Public Housing 60
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Adams County, Iowa

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

Income Based Apartments in Adams County, Iowa

Adams County features 199 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 Adams County, Iowa

There are 87 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Adams County.

Housing Choice Vouchers in Adams County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Adams County, Iowa for a two-bedroom apartment is between $833 and $1,019.

Sourced from federal housing data and AffordableHousingOnline.com research.