Affordable Housing In Black Hawk County
Iowa

38 Low Income Apartment Communities In Black Hawk County

Cedar Square

1811 W 8th St
Cedar Falls, Iowa
Income Based
2-3 BR
Subsidized

Greenridge Family Apartments

1650 Camelot Dr
Waterloo, Iowa
Income Based
2 BR
Subsidized

Horizon Towers

2724 Bicentennial Dr
Cedar Falls, Iowa
Income Based
1 BR
Subsidized

Russell Lamson

209 W 5th St
Waterloo, Iowa
Call For Rent
Studio-3 BR

Thunder Ridge

2206 Thunder Ridge Blvd
Cedar Falls, Iowa
Income Based
1-2 BR

Cedar River Towers

106 E 3rd Street
Waterloo, Iowa
Income Based
1 BR
Subsidized
62+
Accessible
Elderly Supportive Housing

Hotel President Apartments

500 Sycamore St
Waterloo, Iowa
Call For Rent
Studio-1 BR
Subsidized
62+

Crossroads Square

1820 E Ridgeway Ave
Waterloo, Iowa
Income Based
1 BR
Subsidized

Camelot Apartments

1650 Camelot Dr
Waterloo, Iowa
Income Based
1 BR
Subsidized

Legacy Manor of Waterloo

1050 Flammang Dr
Waterloo, Iowa
55+

Guide To Affordable Housing in Black Hawk County, Iowa

There are 38 low income housing apartment communities offering 1,772 affordable apartments for rent in Black Hawk County, Iowa.

Income Based Apartments in Black Hawk County, Iowa

Black Hawk County features 1,021 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 Black Hawk County, Iowa

There are 709 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Black Hawk County.

Housing Choice Vouchers in Black Hawk County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Black Hawk County, Iowa for a two-bedroom apartment is between $800 and $978.

2022 Black Hawk County, 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
Black Hawk County, Iowa Fair Market Rent $611 $707 $889 $1,178 $1,499
Black Hawk County, Iowa Payment Standard Range $550 to $672 $636 to $778 $800 to $978 $1,060 to $1,296 $1,349 to $1,649

Sourced from federal housing data and AffordableHousingOnline.com research.

Black Hawk County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 38
Total Low Income Apartments 1,772
Total Housing Units with Rental Assistance 1,021
Percentage of Housing Units Occupied By Renters 32.54%
Average Renter Household Size 2.28
Average Household Size 2.42
Median Household Income $48,369 ±$1,415
Median Rent $700 ±$12
Percentage Of Renters Overburdened 48.15% ± 2.75pp
Total Population 132,496

Population and Household Demographics

Black Hawk County is a county in Iowa with a population of 132,496. There are 52,410 households in the county with an average household size of 2.42 persons. 32.54% of households in Black Hawk County are renters.

Income and Rent Overburden in Black Hawk County

The median gross income for households in Black Hawk County is $48,369 a year, or $4,031 a month. The median rent for the county is $700 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Black Hawk County, a household making less than $2,333 a month would be considered overburdened when renting an apartment at or above the median rent. 48.15% of households who rent are overburdened in Black Hawk County.

Area Median Income In Black Hawk 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 Black Hawk County, HUD calculates the Area Median Income for a family of four as $74,100

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 Black Hawk 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 Black Hawk County

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 Black Hawk County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,600 $17,800 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Black Hawk County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,950 $29,650 $33,350 $37,050 $40,050 $43,000 $45,950 $48,950
80% AMI Income Limits
Renters earning up to 80% of the Black Hawk County AMI may qualify for rental assistance programs that target Low Income households.
$41,550 $47,450 $53,400 $59,300 $64,050 $68,800 $73,550 $78,300

Cities In Black Hawk County

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

City Served By
Cedar Falls The HUD funded Public Housing Agency that serves Cedar Falls is the Housing Authority of the City of Cedar Falls.
Dunkerton
Elk Run Heights
Evansdale The HUD funded Public Housing Agency that serves Evansdale is the Evansdale Municipal Housing Authority.
Gilbertville
Hudson
Janesville
Jesup
La Porte City
Raymond
Washburn
Waterloo The HUD funded Public Housing Agency that serves Waterloo is the Waterloo Housing Authority.