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

Discover affordable housing in Appanoose County where there are 8+ 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.

Centerville Senior Lofts

421 N Main Street, Centerville, Iowa 52544

Mystic Housing

100 School St, Mystic, Iowa 52574

Moulton Development Corporation

108 W Broadway St, Moulton, Iowa 52572

Moravia Community Housing

302 S Brandon Ave, Moravia, Iowa 52571

Shamrock Heights

1020 Shamrock Ln, Centerville, Iowa 52544

317 E Oak St

317 E Oak St, Centerville, Iowa 52544

Centerville Housing Inc Project 01 - 9

1315 E Cross St, Centerville, Iowa 52544

The Landings

1110 E Cross St, Centerville, Iowa 52544

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Appanoose County, Iowa
$16.33/hour
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Appanoose County, Iowa Affordable Housing ↓

What HUD offices serve Appanoose 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 Appanoose County, Iowa.

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

How many renters live in Appanoose County, Iowa?

The County of Appanoose County has 12,279 people living in 5,028 households.

There are 3,343 renters living in 1,544 renter households in this County. Renters make up 27.23 percent of the population living in Appanoose County.

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

There are an estimated 6,321 housing units in the Appanoose County area. Of these, 1,704 units are rental homes, making up 27 percent of the housing market. For every renter household in Appanoose County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Appanoose County?

The rental vacancy rate in Appanoose County is 5 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 Appanoose County for each bedroom size?

Occupied Rental Units by Size in Appanoose County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
29 389 498 423 156
Occupied Rental Units by Size in Appanoose County

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

Among renter households in this market, 40 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 Appanoose County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,281. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $656
Two BR $862
Three BR $1,042
Four BR $1,281
2024 Fair Market Rents in Appanoose County, Iowa

How many units are rented at Fair Market Rent (FMR) in Appanoose 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 18 62 percent
One BR 222 57 percent
Two BR 311 62 percent
Rental Units Below FMR in Appanoose County, Iowa

How many affordable rental units are in Appanoose County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 91
Public Housing 106
Section 8 Project-Based Rental Assistance 51
USDA Section 515 Rural Rental Housing 140
Tracked Units by Federal Program in Appanoose County, Iowa

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

Income Based Apartments in Appanoose County, Iowa

Appanoose County features 275 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 Appanoose County, Iowa

There are 94 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Appanoose County.

Housing Choice Vouchers in Appanoose County, Iowa

On average, Section 8 Housing Choice vouchers pay Appanoose County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Appanoose County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Appanoose County, Iowa for a two-bedroom apartment is between $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.