Affordable Housing In Carroll
Carroll County, Iowa

7 Low Income Apartment Communities In Carroll

Carrollton Apartments

807 E 8th St
Carroll, Iowa
Subsidized

Fairview Village

506 E 18th St
Carroll, Iowa

Fairview Village Apartments

704 E 18th St
Carroll, Iowa
Subsidized

Meadow Wood of Carroll

1010 Woodland Dr
Carroll, Iowa

Meadow Wood II

1102 Woodland Dr
Carroll, Iowa

Monterey Point Apartments

822 Monterey Dr
Carroll, Iowa
Subsidized

Regency Villa - Carroll

741 Granada Rd
Carroll, Iowa
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Section 8 Vouchers, Apartments, and Waiting Lists in Carroll, 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.

Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.

Public Housing Agencies Serving Carroll, Iowa

Housing Authority Programs
Region XII Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Carroll, Iowa

There are 7 low income housing apartment communities offering 207 affordable apartments for rent in Carroll, Iowa.

Income Based Apartments in Carroll, Iowa

Carroll features 67 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 Carroll, Iowa

There are 140 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Carroll.

Housing Choice Vouchers in Carroll, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Carroll, Iowa for a two-bedroom apartment is between $665 and $813.

2022 Carroll, 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
Carroll, Iowa Fair Market Rent $534 $562 $739 $998 $1,002
Carroll, Iowa Payment Standard Range $481 to $587 $506 to $618 $665 to $813 $898 to $1,098 $902 to $1,102

Sourced from federal housing data and AffordableHousingOnline.com research.

Carroll, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 7
Total Low Income Apartments 207
Total Housing Units with Rental Assistance 67
Percentage of Housing Units Occupied By Renters 30.45%
Average Renter Household Size 1.56
Average Household Size 2.24
Median Household Income $43,078 ±$5,731
Median Rent $555 ±$52
Percentage Of Renters Overburdened 48.6% ± 9.99pp
Total Population 10,020

Population and Household Demographics

Carroll is a city in Carroll County, Iowa with a population of 10,020. There are 4,325 households in the city with an average household size of 2.24 persons. 30.45% of households in Carroll are renters.

Income and Rent Overburden in Carroll

The median gross income for households in Carroll is $43,078 a year, or $3,590 a month. The median rent for the city is $555 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carroll, a household making less than $1,850 a month would be considered overburdened when renting an apartment at or above the median rent. 48.6% of households who rent are overburdened in Carroll.

Area Median Income In Carroll

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Carroll, the AMI is calculated from all households within Carroll County.

In Carroll, HUD calculates the Area Median Income for a family of four as $82,000

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 Carroll

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 Carroll

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 Carroll AMI may qualify for rental assistance programs that target Extremely Low Income households.
$17,250 $19,700 $22,150 $26,500 $31,040 $35,580 $40,120 $44,660
50% AMI Income Limits
Renters earning up to 50% of the Carroll AMI may qualify for rental assistance programs that target Very Low Income households.
$28,700 $32,800 $36,900 $41,000 $44,300 $47,600 $50,850 $54,150
80% AMI Income Limits
Renters earning up to 80% of the Carroll AMI may qualify for rental assistance programs that target Low Income households.
$45,950 $52,500 $59,050 $65,600 $70,850 $76,100 $81,350 $86,600