Low Income Apartments and Affordable Housing For Rent in Clarinda, IA

Discover affordable housing in Clarinda where there are 3+ 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.

Meadow Run Apartments

800 W Tarkio St, Clarinda, Iowa 51632

Clarinda West Apartments

940 S 27th St, Clarinda, Iowa 51632

Clarhaven

612 E Main St, Clarinda, Iowa 51632

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 Clarinda, 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 Clarinda, Iowa Affordable Housing ↓

What HUD offices serve Clarinda, 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 Public Housing programs for Clarinda, Iowa.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Clarinda, Iowa.

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

How many renters live in Clarinda, Iowa?

The City of Clarinda has 5,371 people living in 1,980 households.

There are 1,544 renters living in 713 renter households in this City. Renters make up 28.75 percent of the population living in Clarinda.

What is the rental market like in Clarinda, Iowa?

There are an estimated 2,218 housing units in the Clarinda area. Of these, 775 units are rental homes, making up 35 percent of the housing market. For every renter household in Clarinda, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Clarinda?

The rental vacancy rate in Clarinda is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Clarinda for each bedroom size?

Occupied Rental Units by Size in Clarinda
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
45 123 335 163 47
Occupied Rental Units by Size in Clarinda

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

Among renter households in this market, 37 percent have housing cost burden. Further, 24 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 Clarinda

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,277. 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 $1,081
Four BR $1,277
2024 Fair Market Rents in Clarinda, Iowa

How many units are rented at Fair Market Rent (FMR) in Clarinda?

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
Studio 34 76 percent
One BR 98 80 percent
Two BR 225 67 percent
Rental Units Below FMR in Clarinda, Iowa

How many affordable rental units are in Clarinda?

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

Federal Program Unit Count
Low Income Housing Tax Credit 70
Public Housing 74
Section 8 Project-Based Rental Assistance 1
USDA Section 515 Rural Rental Housing 46
Tracked Units by Federal Program in Clarinda, Iowa

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

Income Based Apartments in Clarinda, Iowa

Clarinda features 120 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 24 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 $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.