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

Discover affordable housing in Audubon County where there are 3+ 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.

Exira Home Dev Corp

405 S Carthage St, Exira, Iowa 50076

Audubon Friendship

615 Northwestern Ave, Audubon, Iowa 50025

Kimballton Comm Housing

206 Esbeck St, Kimballton, Iowa 51543

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

What HUD offices serve Audubon 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), Family Self-Sufficiency programs for Audubon County, Iowa.

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

How many renters live in Audubon County, Iowa?

The County of Audubon County has 5,651 people living in 2,535 households.

There are 1,257 renters living in 554 renter households in this County. Renters make up 22.24 percent of the population living in Audubon County.

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

There are an estimated 2,805 housing units in the Audubon County area. Of these, 593 units are rental homes, making up 21 percent of the housing market. For every renter household in Audubon County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Audubon County?

The rental vacancy rate in Audubon County is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Audubon County for each bedroom size?

Occupied Rental Units by Size in Audubon County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 184 184 126 28
Occupied Rental Units by Size in Audubon County

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

Among renter households in this market, 38 percent have housing cost burden. Further, 24 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 Audubon County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $714
Two BR $862
Three BR $1,042
Four BR $1,148
2024 Fair Market Rents in Audubon County, Iowa

How many units are rented at Fair Market Rent (FMR) in Audubon 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
One BR 106 58 percent
Two BR 130 71 percent
Rental Units Below FMR in Audubon County, Iowa

How many affordable rental units are in Audubon County?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 29
Tracked Units by Federal Program in Audubon County, Iowa

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

Income Based Apartments in Audubon County, Iowa

Audubon County features 44 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.

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

Sourced from federal housing data and AffordableHousingOnline.com research.