Affordable Housing In Ainsworth
Washington County, Iowa

1 Low Income Apartment Communities In Ainsworth

Townview Village

2530 Underwood Ave
Ainsworth, IA
Subsidized
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Housing Authorities that serve Ainsworth

Housing Authority Programs
Area XV Multi-County Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing
Iowa City Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency

Guide To Affordable Housing in Ainsworth, Iowa

There are 1 low income housing apartment communities offering 16 affordable apartments for rent in Ainsworth, Iowa.

Income Based Apartments in Ainsworth, Iowa

Ainsworth features 16 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 Ainsworth, Iowa

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

Housing Choice Vouchers in Ainsworth, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Ainsworth, Iowa for a two-bedroom apartment is between $725 and $886.

2020 Ainsworth, Iowa Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $564 $611 $805 $1,003 $1,141
Payment Standard Range $508 to $620 $550 to $672 $725 to $886 $903 to $1,103 $1,027 to $1,255

Sourced from federal housing data and AffordableHousingOnline.com research.

Ainsworth, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 16
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 20.54%
Average Renter Household Size 2.45
Average Household Size 3.07
Median Household Income $42,212 ±$6,634
Median Rent $489 ±$155
Percentage Of Renters Overburdened 7.89% ± 34.95pp
Total Population 568

Population and Household Demographics

Ainsworth is a City in Washington County, Iowa with a population of 568. There are 185 households in the city with an average household size of 3.07 persons. 20.54% of households in Ainsworth are renters.

Income and Rent Overburden in Ainsworth

The median gross income for households in Ainsworth is $42,212 a year, or $3,518 a month. The median rent for the city is $489 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Ainsworth, a household making less than $1,630 a month would be considered overburdened when renting an apartment at or above the median rent. 7.89% of households who rent are overburdened in Ainsworth.1

Area Median Income In Ainsworth

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Ainsworth, the AMI is calculated from all households within Washington County.

In Ainsworth, HUD calculates the Area Median Income for a family of four as $75,200

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Ainsworth

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Ainsworth HUD Rental Assistance in Ainsworth

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,800 $18,050 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,350 $30,100 $33,850 $37,600 $40,650 $43,650 $46,650 $49,650
80% of Median $42,150 $48,150 $54,150 $60,150 $65,000 $69,800 $74,600 $79,400