Low Income Apartments and Affordable Housing For Rent in Atkins, IA

Discover affordable housing in Atkins where there are 2+ 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.

Parkview Apts.

323 2nd Avenue, Atkins, Iowa 52206

Prairie Manor

200 Montana Ave, Atkins, Montana 59313

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Atkins, 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 Atkins, Iowa Affordable Housing ↓

What HUD offices serve Atkins, 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) programs for Atkins, Iowa.

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

How many renters live in Atkins, Iowa?

The City of Atkins has 2,296 people living in 792 households.

There are 70 renters living in 59 renter households in this City. Renters make up 3.05 percent of the population living in Atkins.

What is the rental market like in Atkins, Iowa?

There are an estimated 802 housing units in the Atkins area. Of these, 59 units are rental homes, making up 7 percent of the housing market. For every renter household in Atkins, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Atkins?

The rental vacancy rate in Atkins is 0 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 Atkins for each bedroom size?

Occupied Rental Units by Size in Atkins
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 37 6 12 0
Occupied Rental Units by Size in Atkins

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

Among renter households in this market, 24 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 Atkins

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,257. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $584
One BR $656
Two BR $862
Three BR $1,140
Four BR $1,257
2024 Fair Market Rents in Atkins, Iowa

How many units are rented at Fair Market Rent (FMR) in Atkins?

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 1 33 percent
One BR 33 89 percent
Two BR 1 17 percent
Rental Units Below FMR in Atkins, Iowa

How many affordable rental units are in Atkins?

Income Based Apartments in Atkins, Iowa

Atkins features 23 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 Atkins, Iowa

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

Housing Choice Vouchers in Atkins, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.