Affordable Housing In Bremer County
Iowa

8 Low Income Apartment Communities In Bremer County

Waverly Historic Lofts

200 1st Street NE
Waverly, Iowa
Call For Rent
1-3 BR
Accepts Vouchers
Market Rate

Waverly Manor

210 15th St NW
Waverly, Iowa
Subsidized

Waverly Iha Apartments

909 6th St NW
Waverly, Iowa
Accepts Vouchers

Lantern Park Apartments

908 6th St NW
Waverly, Iowa
Subsidized

Community Based Services Se Housing Proj

821 6th St NW
Waverly, Iowa
Accepts Vouchers

Rolling Meadows Apartments

701 16th St SW
Waverly, Iowa
Accepts Vouchers

Denver Apartments

201 Donna St
Denver, Iowa
Subsidized

Waverly Homes

320 15th St NW
Waverly, Iowa
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Other Housing Authorities located in Bremer County

Housing Authority Programs
Low Rent Housing Agency of Waverly Public Housing
Iowa Northland Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Bremer County, Iowa

There are 8 low income housing apartment communities offering 258 affordable apartments for rent in Bremer County, Iowa.

Income Based Apartments in Bremer County, Iowa

Bremer County features 142 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 Bremer County, Iowa

There are 116 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bremer County.

Housing Choice Vouchers in Bremer County, Iowa

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

Sourced from federal housing data and AffordableHousingOnline.com research.

Bremer County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 258
Total Housing Units with Rental Assistance 142
Percentage of Housing Units Occupied By Renters 19.24%
Average Renter Household Size 2.05
Average Household Size 2.45
Median Household Income $62,163 ±$2,072
Median Rent $591 ±$22
Percentage Of Renters Overburdened 35.24% ± 6.15pp
Total Population 24,539

Population and Household Demographics

Bremer County is a County in Iowa with a population of 24,539. There are 9,365 households in the county with an average household size of 2.45 persons. 19.24% of households in Bremer County are renters.

Income and Rent Overburden in Bremer County

The median gross income for households in Bremer County is $62,163 a year, or $5,180 a month. The median rent for the county is $591 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bremer County, a household making less than $1,970 a month would be considered overburdened when renting an apartment at or above the median rent. 35.24% of households who rent are overburdened in Bremer County.1

Area Median Income In Bremer 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 Bremer County, HUD calculates the Area Median Income for a family of four as $86,000

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 Bremer 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 Bremer County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,100 $20,650 $23,250 $25,800 $30,170 $34,590 $39,010 $43,430
50% of Median $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% of Median $48,200 $55,050 $61,950 $68,800 $74,350 $79,850 $85,350 $90,850

Cities In Bremer County

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

City Listings Served By
Waverly 7 The HUD funded Public Housing Agency that serves Waverly is the Low Rent Housing Agency of Waverly.
Readlyn 0
Denver 1
Sumner 0
Frederika 0
Tripoli 0
Plainfield 0