Affordable Housing In Baxter
Jasper County, Iowa

2 Low Income Apartment Communities In Baxter

Baxter Park Apartments

206 Harrison Ct and 200 W State St
Baxter, Iowa
Income Based
2-3 BR

Baxter Senior Citizens

303 East Avenue
Baxter, Iowa
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Section 8 Vouchers, Apartments, and Waiting Lists in Baxter, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Baxter, Iowa

Housing Authority Programs
Central Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Baxter, Iowa

There are 2 low income housing apartment communities offering 29 affordable apartments for rent in Baxter, Iowa.

Income Based Apartments in Baxter, Iowa

Baxter features 29 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 Baxter, Iowa

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

Housing Choice Vouchers in Baxter, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Baxter, Iowa for a two-bedroom apartment is between $681 and $833.

2022 Baxter, Iowa Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Baxter, Iowa Fair Market Rent $533 $575 $757 $1,039 $1,171
Baxter, Iowa Payment Standard Range $480 to $586 $518 to $633 $681 to $833 $935 to $1,143 $1,054 to $1,288

Sourced from federal housing data and research.

Baxter, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 29
Total Housing Units with Rental Assistance 29
Percentage of Housing Units Occupied By Renters 23.18%
Average Renter Household Size 1.81
Average Household Size 2.33
Median Household Income $53,500 ±$9,028
Median Rent $865 ±$115
Percentage Of Renters Overburdened 61.8% ± 20.9pp
Total Population 929

Population and Household Demographics

Baxter is a city in Jasper County, Iowa with a population of 929. There are 384 households in the city with an average household size of 2.33 persons. 23.18% of households in Baxter are renters.

Income and Rent Overburden in Baxter

The median gross income for households in Baxter is $53,500 a year, or $4,458 a month. The median rent for the city is $865 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Baxter, a household making less than $2,883 a month would be considered overburdened when renting an apartment at or above the median rent. 61.8% of households who rent are overburdened in Baxter.

Area Median Income In Baxter

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Baxter, the AMI is calculated from all households within Jasper County.

In Baxter, HUD calculates the Area Median Income for a family of four as $78,500

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 Baxter

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 Baxter

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Baxter AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,600 $18,950 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Baxter AMI may qualify for rental assistance programs that target Very Low Income households.
$27,650 $31,600 $35,550 $39,450 $42,650 $45,800 $48,950 $52,100
80% AMI Income Limits
Renters earning up to 80% of the Baxter AMI may qualify for rental assistance programs that target Low Income households.
$44,200 $50,500 $56,800 $63,100 $68,150 $73,200 $78,250 $83,300