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

Discover affordable housing in Worth County where there are 3+ 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.

Viking Manor Inc

1503 3rd Ave S, Northwood, Iowa 50459

Northwood 032 S

905 9th Avenue, Northwood, Iowa

Villa Woods North and South

906 9th Ave N, Northwood, Iowa 50459

calendar_today Opened: Apr 10
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Worth County, Iowa
$16.33/hour
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Worth County, Iowa Affordable Housing ↓

What HUD offices serve Worth County, 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 Public Housing programs for Worth County, Iowa.

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

How many renters live in Worth County, Iowa?

The County of Worth County has 7,417 people living in 3,190 households.

There are 1,448 renters living in 724 renter households in this County. Renters make up 19.52 percent of the population living in Worth County.

What is the rental market like in Worth County, Iowa?

There are an estimated 3,486 housing units in the Worth County area. Of these, 732 units are rental homes, making up 21 percent of the housing market. For every renter household in Worth County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Worth County?

The rental vacancy rate in Worth County is 1 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 Worth County for each bedroom size?

Occupied Rental Units by Size in Worth County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
11 147 273 190 71
Occupied Rental Units by Size in Worth County

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

Among renter households in this market, 23 percent have housing cost burden. Further, 11 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 Worth County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,457. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $668
Two BR $862
Three BR $1,215
Four BR $1,457
2024 Fair Market Rents in Worth County, Iowa

How many units are rented at Fair Market Rent (FMR) in Worth 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 8 73 percent
One BR 123 84 percent
Two BR 183 67 percent
Rental Units Below FMR in Worth County, Iowa

How many affordable rental units are in Worth County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 28
Public Housing 20
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 44
Tracked Units by Federal Program in Worth County, Iowa

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

Income Based Apartments in Worth County, Iowa

Worth County features 44 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 Worth County, Iowa

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

Housing Choice Vouchers in Worth County, Iowa

On average, Section 8 Housing Choice vouchers pay Worth County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Worth County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Worth County, Iowa for a two-bedroom apartment is between $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.