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

Discover affordable housing in Adair County where there are 7+ 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.

Greenfield Park Apartments

503 SE 6th St, Greenfield, Iowa 50849

Greenfield Senior 017

308 SE Noble St, Greenfield, Iowa 50849

Oak Village ~ Greenfield

402 SE Noble St, Greenfield, Iowa 50849

Birch Village

408 SE Noble St, Greenfield, Iowa 50849

South Summit Apartments

615 SW 7th St, Stuart, Iowa 50250

Beacam Apartments

1423 S 6th St, Stuart, Iowa 50250

Stuart Ret Homes

111 N Main St, Stuart, Iowa 50250

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 Adair 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 Adair County, Iowa Affordable Housing ↓

What HUD offices serve Adair 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 Section 8 Housing Choice Voucher (HCV), Public Housing programs for Adair County, Iowa.

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

How many renters live in Adair County, Iowa?

The County of Adair County has 7,479 people living in 3,224 households.

There are 1,820 renters living in 946 renter households in this County. Renters make up 24.33 percent of the population living in Adair County.

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

There are an estimated 3,606 housing units in the Adair County area. Of these, 978 units are rental homes, making up 27 percent of the housing market. For every renter household in Adair County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Adair County?

The rental vacancy rate in Adair County is 3 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 Adair County for each bedroom size?

Occupied Rental Units by Size in Adair County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 301 332 240 51
Occupied Rental Units by Size in Adair County

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

Among renter households in this market, 24 percent have housing cost burden. Further, 14 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 Adair County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $656
Two BR $862
Three BR $1,144
Four BR $1,148
2024 Fair Market Rents in Adair County, Iowa

How many units are rented at Fair Market Rent (FMR) in Adair 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
One BR 206 68 percent
Two BR 171 52 percent
Rental Units Below FMR in Adair County, Iowa

How many affordable rental units are in Adair County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 32
Section 8 Project-Based Rental Assistance 36
USDA Section 515 Rural Rental Housing 127
Tracked Units by Federal Program in Adair County, Iowa

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

Income Based Apartments in Adair County, Iowa

Adair County features 91 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 Adair County, Iowa

There are 22 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Adair County.

Housing Choice Vouchers in Adair County, Iowa

On average, Section 8 Housing Choice vouchers pay Adair County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Adair County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.