Affordable Housing In Clarinda
Page County, Iowa

3 Low Income Apartment Communities In Clarinda

Meadow Run Apartments

800 W Tarkio St
Clarinda, IA
Accepts Vouchers

Clarhaven

612 E Main St
Clarinda, IA

Clarinda West Apartments

940 S 27th St
Clarinda, IA
Accepts Vouchers
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Housing Authorities that serve Clarinda

Housing Authority Programs
Clarinda Low Rent Housing Agency Public Housing
Southern Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Clarinda, Iowa

There are 3 low income housing apartment communities offering 144 affordable apartments for rent in Clarinda, Iowa.

Income Based Apartments in Clarinda, Iowa

Clarinda features 74 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 Clarinda, Iowa

There are 70 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clarinda.

Housing Choice Vouchers in Clarinda, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Clarinda, Iowa for a two-bedroom apartment is between $618 and $756.

2020 Clarinda, 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
Fair Market Rent $497 $522 $687 $916 $1,160
Payment Standard Range $447 to $547 $470 to $574 $618 to $756 $824 to $1,008 $1,044 to $1,276

Sourced from federal housing data and AffordableHousingOnline.com research.

Clarinda, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 144
Total Housing Units with Rental Assistance 74
Percentage of Housing Units Occupied By Renters 31.42%
Average Renter Household Size 2.04
Average Household Size 2.26
Median Household Income $42,551 ±$4,560
Median Rent $504 ±$62
Percentage Of Renters Overburdened 24.42% ± 7.73pp
Total Population 5,476

Population and Household Demographics

Clarinda is a City in Page County, Iowa with a population of 5,476. There are 2,059 households in the city with an average household size of 2.26 persons. 31.42% of households in Clarinda are renters.

Income and Rent Overburden in Clarinda

The median gross income for households in Clarinda is $42,551 a year, or $3,546 a month. The median rent for the city is $504 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Clarinda, a household making less than $1,680 a month would be considered overburdened when renting an apartment at or above the median rent. 24.42% of households who rent are overburdened in Clarinda.1

Area Median Income In Clarinda

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 Clarinda, the AMI is calculated from all households within Page County.

In Clarinda, HUD calculates the Area Median Income for a family of four as $62,700

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 Clarinda

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 Clarinda HUD Rental Assistance in Clarinda

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% of Median $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300