Affordable Housing In Carroll County
Iowa

11 Low Income Apartment Communities In Carroll County

Carrollton Apartments

807 E 8th St
Carroll, IA
Subsidized

Fairview Village

506 E 18th St
Carroll, IA

Fairview Village Apartments

704 E 18th St
Carroll, IA
Subsidized

Warren H. Timmerman Apartments

800 3rd St
Manning, IA
62+
Accessible
Elderly Supportive Housing
Subsidized

Glidden Housing Corp

207 S Idaho St
Glidden, IA
Subsidized

Meadow Wood of Carroll

1010 Woodland Dr
Carroll, IA
HCV Welcome

Terrace Apartments

421 Center St
Manning, IA

Meadow Wood II

1102 Woodland Dr
Carroll, IA
HCV Welcome

Monterey Point Apartments

822 Monterey Dr
Carroll, IA
HCV Welcome
Subsidized

Regency Villa - Carroll

741 Granada Rd
Carroll, IA
HCV Welcome

Housing Authorities that serve Carroll County

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

Other Housing Authorities located in Carroll County

Housing Authority Programs
Municipal Housing Agency of Manning Public Housing

Guide To Affordable Housing in Carroll County, Iowa

There are 11 low income housing apartment communities offering 303 affordable apartments for rent in Carroll County, Iowa. Carroll County features 163 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 140 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Carroll County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Carroll County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 303
Total Housing Units with Rental Assistance 163
Percentage of Housing Units Occupied By Renters 25.33%
Average Renter Household Size 1.83
Average Household Size 2.36
Median Household Income $50,559 ±$3,518
Median Rent $542 ±$27
Percentage Of Renters Overburdened 41.89% ± 7.34pp
Total Population 20,629

Population and Household Demographics

Carroll County is a County in Iowa with a population of 20,629. There are 8,547 households in the county with an average household size of 2.36 persons. 25.33% of households in Carroll County are renters.

Income and Rent Overburden in Carroll County

The median gross income for households in Carroll County is $50,559 a year, or $4,213 a month. The median rent for the county is $542 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Carroll County, a household making less than $1,807 a month would be considered overburdened when renting an apartment at or above the median rent. 41.89% of households who rent are overburdened in Carroll County.1

Area Median Income In Carroll 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 Carroll County, HUD calculates the Area Median Income for a family of four as $75,000

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 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 Carroll County HUD Rental Assistance in Carroll County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,750 $18,000 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $26,250 $30,000 $33,750 $37,500 $40,500 $43,500 $46,500 $49,500
80% of Median $42,000 $48,000 $54,000 $60,000 $64,800 $69,600 $74,400 $79,200
Low Income Housing Tax Credits in Carroll County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1991 to 2002, 6 low income apartment communities containing 124 rental apartments have been constructed and made affordable to low income persons in Carroll County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Carroll County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $26,250 $30,000 $33,750 $37,500 $40,500 $43,500 $46,500 $49,500
60% of Median $31,500 $36,000 $40,500 $45,000 $48,600 $52,200 $55,800 $59,400

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Carroll County is $40,500 a year, or $3,375 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,375 by 30% to get a maximum rent of $1,013 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $656 $703 $844 $975 $1,088 $1,200
60% $788 $844 $1,013 $1,170 $1,305 $1,440
Fair Market Rents in Carroll County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$497 $522 $687 $927 $931

Cities In Carroll County

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

City Listings Served By
Carroll 7 The HUD funded Public Housing Agency that serves Carroll is the Region XII Regional Housing Authority.
Glidden 2 The HUD funded Public Housing Agency that serves Glidden is the Region XII Regional Housing Authority.
Coon Rapids 0 The HUD funded Public Housing Agency that serves Coon Rapids is the Region XII Regional Housing Authority.
Arcadia 0 The HUD funded Public Housing Agency that serves Arcadia is the Region XII Regional Housing Authority.
Halbur 0 The HUD funded Public Housing Agency that serves Halbur is the Region XII Regional Housing Authority.
Lidderdale 0 The HUD funded Public Housing Agency that serves Lidderdale is the Region XII Regional Housing Authority.
Manning 2 The HUD funded Public Housing Agency that serves Manning is the Region XII Regional Housing Authority.
Ralston 0 The HUD funded Public Housing Agency that serves Ralston is the Region XII Regional Housing Authority.
Templeton 0 The HUD funded Public Housing Agency that serves Templeton is the Region XII Regional Housing Authority.
Willey 0 The HUD funded Public Housing Agency that serves Willey is the Region XII Regional Housing Authority.
Breda 0 The HUD funded Public Housing Agency that serves Breda is the Region XII Regional Housing Authority.
Dedham 0 The HUD funded Public Housing Agency that serves Dedham is the Region XII Regional Housing Authority.
Lanesboro 0 The HUD funded Public Housing Agency that serves Lanesboro is the Region XII Regional Housing Authority.