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.

3748 W 9th St Unit 3

3748 W 9th St Unit 3, Waterloo, Iowa 50702

bed 2
payment $800/mo.

114 Western Ave

114 Western Ave, Waterloo, Iowa 50701

bed 2
payment $800/mo.

155 Summit Ave

155 Summit Ave, Waterloo, Iowa 50701

bed 3
payment $1075/mo.

114 Locust St

114 Locust St, Waterloo, Iowa 50701

bed 2
payment $900/mo.

416 W 4th St

416 W 4th St, Cedar Falls, Iowa 50613

bed 4
payment $1500/mo.

605 Peek St

605 Peek St, Waterloo, Iowa 50703

bed 2
payment $875/mo.

224 Randolph St

224 Randolph St, Waterloo, Iowa 50701

bed 4
payment $850/mo.

522 Denver St Unit 1

522 Denver St Unit 1, Waterloo, Iowa 50702

bed 2
payment $850/mo.

423 Galloway Ct

423 Galloway Ct, Waterloo, Iowa 50701

bed 2
payment $900/mo.

117 Lafayette St Unit 117 Lafayette Street

117 Lafayette St Unit 117 Lafayette Street, Waterloo, Iowa 50703

bed 1
payment $650/mo.

1450 Garden Ave

1450 Garden Ave, Waterloo, Iowa 50701

bed 3
payment $1200/mo.

306 Vermont St

306 Vermont St, Waterloo, Iowa 50701

bed 4
payment $1100/mo.

820 W Mullan Ave

820 W Mullan Ave, Waterloo, Iowa 50701

bed 3
payment $1000/mo.

218 Clark St

218 Clark St, Evansdale, Iowa 50707

bed 2
payment $925/mo.

1618 Guernsey Ct Unit 1

1618 Guernsey Ct Unit 1, Waterloo, Iowa 50702

bed 2
payment $850/mo.

2020 College St Unit 2020 1/2

2020 College St Unit 2020 1/2, Cedar Falls, Iowa 50613

bed 3
payment $1100/mo.

215 Miriam Dr Unit A

215 Miriam Dr Unit A, Waterloo, Iowa 50702

bed 2
payment $875/mo.

729 Dawson St

729 Dawson St, Waterloo, Iowa 50703

bed 2
payment $900/mo.

519 Magnolia Pkwy

519 Magnolia Pkwy, Waterloo, Iowa 50701

bed 2
payment $900/mo.

2509 Olive St

2509 Olive St, Cedar Falls, Iowa 50613

bed 4
payment $1500/mo.

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 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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