Affordable Housing In Audubon County
Iowa

3 Low Income Apartment Communities In Audubon County

Audubon Friendship

615 Northwestern Ave
Audubon, Iowa
Subsidized

Exira Home Dev Corp

405 S Carthage St
Exira, Iowa
Subsidized

Kimballton Comm Housing

206 Esbeck St
Kimballton, Iowa
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Housing Authorities that serve Audubon County

Housing Authority Programs
Region XII Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Audubon County, Iowa

There are 3 low income housing apartment communities offering 150 affordable apartments for rent in Audubon County, Iowa.

Income Based Apartments in Audubon County, Iowa

Audubon County features 132 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 Audubon County, Iowa

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Audubon County.

Housing Choice Vouchers in Audubon County, Iowa

On average, Section 8 Housing Choice vouchers pay Audubon County landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Audubon County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Audubon County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 150
Total Housing Units with Rental Assistance 132
Percentage of Housing Units Occupied By Renters 17.6%
Average Renter Household Size 2.16
Average Household Size 2.15
Median Household Income $46,979 ±$4,662
Median Rent $547 ±$51
Percentage Of Renters Overburdened 21.15% ± 6.94pp
Total Population 5,869

Population and Household Demographics

Audubon County is a County in Iowa with a population of 5,869. There are 2,659 households in the county with an average household size of 2.15 persons. 17.6% of households in Audubon County are renters.

Income and Rent Overburden in Audubon County

The median gross income for households in Audubon County is $46,979 a year, or $3,915 a month. The median rent for the county is $547 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Audubon County, a household making less than $1,823 a month would be considered overburdened when renting an apartment at or above the median rent. 21.15% of households who rent are overburdened in Audubon County.1

Area Median Income In Audubon County

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.

In Audubon County, HUD calculates the Area Median Income for a family of four as $67,400

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 Audubon County

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 HUD Rental Assistance in Audubon County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% of Median $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300

Cities In Audubon County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Audubon 1 The HUD funded Public Housing Agency that serves Audubon is the Region XII Regional Housing Authority.
Kimballton 1 The HUD funded Public Housing Agency that serves Kimballton is the Region XII Regional Housing Authority.
Exira 1 The HUD funded Public Housing Agency that serves Exira is the Region XII Regional Housing Authority.
Gray 0 The HUD funded Public Housing Agency that serves Gray is the Region XII Regional Housing Authority.
Brayton 0 The HUD funded Public Housing Agency that serves Brayton is the Region XII Regional Housing Authority.