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

Discover affordable housing in Bettendorf where there are 7+ 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.

Spruce Hills Village

2380 Tech Dr, Bettendorf, Iowa 52722

Hometown Harbor Bettendorf

2205 Kimberly Rd, Bettendorf, Iowa 52722

Holiday Court

3465 Holiday Ct, Bettendorf, Iowa 52722

Cumberland House - 2365 - Tech Drive

2365 Tech Dr, Bettendorf, Iowa 52722

Luther Heights

3116 Devils Glen Rd, Bettendorf, Iowa 52722

Luther Manor - Luther Towers

3118 Devils Glen Rd, Bettendorf, Iowa 52722

Luther Knoll

3264 Palmer Hills Ct, Bettendorf, Iowa 52722

calendar_today Opened: Dec 26
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bettendorf, Iowa
$18.05/hour
$10.80 (+149%) more than Iowa minimum wage and $10.80 (+149%) more than the Federal minimum wage.
Learn More About Bettendorf, Iowa Affordable Housing ↓

What HUD offices serve Bettendorf, 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, Homeownership Voucher, Family Self-Sufficiency programs for Bettendorf, Iowa.

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

How many renters live in Bettendorf, Iowa?

The City of Bettendorf has 38,997 people living in 15,612 households.

There are 7,800 renters living in 3,774 renter households in this City. Renters make up 20 percent of the population living in Bettendorf.

What is the rental market like in Bettendorf, Iowa?

There are an estimated 16,543 housing units in the Bettendorf area. Of these, 3,942 units are rental homes, making up 24 percent of the housing market. For every renter household in Bettendorf, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Bettendorf?

The rental vacancy rate in Bettendorf is 4 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 Bettendorf for each bedroom size?

Occupied Rental Units by Size in Bettendorf
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
183 921 1,790 573 290
Occupied Rental Units by Size in Bettendorf

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

Among renter households in this market, 36 percent have housing cost burden. Further, 15 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 Bettendorf

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $646 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $646
One BR $773
Two BR $953
Three BR $1,247
Four BR $1,437
2024 Fair Market Rents in Bettendorf, Iowa

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

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 32 17 percent
One BR 323 35 percent
Two BR 665 37 percent
Rental Units Below FMR in Bettendorf, Iowa

How many affordable rental units are in Bettendorf?

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

Federal Program Unit Count
Low Income Housing Tax Credit 221
Section 8 Project-Based Rental Assistance 149
Section 202 Supportive Housing for the Elderly 93
Tracked Units by Federal Program in Bettendorf, Iowa

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

Income Based Apartments in Bettendorf, Iowa

Bettendorf features 266 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 Bettendorf, Iowa

There are 161 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bettendorf.

Housing Choice Vouchers in Bettendorf, Iowa

On average, Section 8 Housing Choice vouchers pay Bettendorf landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bettendorf.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bettendorf, Iowa for a two-bedroom apartment is between $858 and $1,048.

Sourced from federal housing data and AffordableHousingOnline.com research.