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

Discover affordable housing in Black Hawk County where there are 120+ 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.

Russell Lamson

209 W 5th St, Waterloo, Iowa 50701

bed Studio-3
payment $625-1100/mo.
switch_access_shortcut Short Wait
accessibility Accessible

Legacy Manor of Waterloo

1050 Flammang Dr, Waterloo, Iowa 50702

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Park @ Nine23

923 Maplewood Dr, Cedar Falls, Iowa 50613

bed 2
payment $800/mo.

804 W 18th St

804 W 18th St, Cedar Falls, Iowa 50613

bed 3
payment $900/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1804 College St

1804 College St, Cedar Falls, Iowa 50613

bed 3
payment $1050/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

415 Wellington St

415 Wellington St, Waterloo, Iowa 50701

bed 4
payment $725/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

517 W 9th St

517 W 9th St, Waterloo, Iowa 50702

bed 3
payment $875/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2503 Olive St Unit 4

2503 Olive St Unit 4, Cedar Falls, Iowa 50613

bed 1
payment $640/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

204 W Seerley Blvd Unit 3

204 W Seerley Blvd Unit 3, Cedar Falls, Iowa 50613

bed 4
payment $1400/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

3914-3916 Sturgis Dr

3914-3916 Sturgis Dr, Cedar Falls, Iowa 50613

bed 3
payment $1250/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

2503 Olive St Unit 1

2503 Olive St Unit 1, Cedar Falls, Iowa 50613

bed 3
payment $875/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

827 Newton St

827 Newton St, Waterloo, Iowa 50703

bed 3
payment $875/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

429 Kern St

429 Kern St, Waterloo, Iowa 50703

bed 2
payment $750/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

440 Florence St

440 Florence St, Waterloo, Iowa 50703

bed 1
payment $550/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

804 Iowa St

804 Iowa St, Cedar Falls, Iowa 50613

bed 3
payment $975/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1920-1922 Waterloo Rd Unit 1922

1920-1922 Waterloo Rd Unit 1922, Cedar Falls, Iowa 50613

bed 3
payment $1225/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

102 South St

102 South St, Waterloo, Iowa 50701

bed 1
payment $550/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

217 Fereday Ct Unit B

217 Fereday Ct Unit B, Waterloo, Iowa 50701

bed 1
payment $650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

1029 Rainbow Dr Unit 1029 Upstairs Apt.

1029 Rainbow Dr Unit 1029 Upstairs Apt., Waterloo, Iowa 50701

bed 1
payment $650/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

817 Bourland Ave

817 Bourland Ave, Waterloo, Iowa 50702

bed 4
payment $1550/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable

How To Identify Affordable Housing in Black Hawk County, Iowa

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Black Hawk County, Iowa
$17.88/hour
$10.63 (+147%) more than Iowa minimum wage and $10.63 (+147%) more than the Federal minimum wage.
Learn More About Black Hawk County, Iowa Affordable Housing ↓

How many renters live in Black Hawk County, Iowa?

The County of Black Hawk County has people living in households.

There are renters living in renter households in this County. Renters make up 31.95 percent of the population living in Black Hawk County.

What is the rental market like in Black Hawk County, Iowa?

There are an estimated housing units in the Black Hawk County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Black Hawk County, Iowa, there are 1.06 rental units.

What is the vacancy rate for rentals in Black Hawk County?

The rental vacancy rate in Black Hawk County 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 Black Hawk County for each bedroom size?

Occupied Rental Units by Size in Black Hawk County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
401 3,697 8,858 3,687 1,993
Occupied Rental Units by Size in Black Hawk County

A large number of apartments in Black Hawk County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Black Hawk County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $640 to $1,602. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $640
One BR $737
Two BR $944
Three BR $1,250
Four BR $1,602
2024 Fair Market Rents in Black Hawk County, Iowa

How many units are rented at Fair Market Rent (FMR) in Black Hawk 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
Studio 170 42 percent
One BR 2,591 70 percent
Two BR 4,327 49 percent
Rental Units Below FMR in Black Hawk County, Iowa

How many affordable rental units are in Black Hawk County?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Black Hawk County, Iowa

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

Income Based Apartments in Black Hawk County, Iowa

Black Hawk County features 1,147 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 716 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 $850 and $1,038.

Sourced from federal housing data and AffordableHousingOnline.com research.

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