How many renters live in Sioux County, Iowa?
The County of Sioux County has people living in households.
There are renters living in renter households in this County. Renters make up 15.4 percent of the population living in Sioux County.
What is the rental market like in Sioux County, Iowa?
There are an estimated housing units in the Sioux County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Sioux County, Iowa, there are 1.01 rental units.
What is the vacancy rate for rentals in Sioux County?
The rental vacancy rate in Sioux County is 1 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 Sioux County for each bedroom size?
Occupied Rental Units by Size in Sioux County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 204 | 691 | 863 | 472 | 294 |
Occupied Rental Units by Size in Sioux County
A large number of apartments in Sioux County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How Much Is Rent in Sioux County
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $682 to $1,175. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $682 |
| One BR | $695 |
| Two BR | $882 |
| Three BR | $1,170 |
| Four BR | $1,175 |
2024 Fair Market Rents in Sioux County, Iowa
How many units are rented at Fair Market Rent (FMR) in Sioux 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 | 151 | 74 percent |
| One BR | 307 | 44 percent |
| Two BR | 440 | 51 percent |
Rental Units Below FMR in Sioux County, Iowa
How many affordable rental units are in Sioux County?
There are a variety of federal affordable housing programs serving households in Sioux County, Iowa including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Sioux County, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Sioux County, Iowa
Sioux County features 211 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 Sioux County, Iowa
There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sioux County.
Housing Choice Vouchers in Sioux County, Iowa
On average, Section 8 Housing Choice vouchers pay Sioux County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Sioux County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Sioux County, Iowa for a two-bedroom apartment is between $794 and $970.
Sourced from federal housing data and AffordableHousingOnline.com research.
