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

Discover affordable housing in Clayton County where there are 10+ 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.

Monona Housing Inc

401 W Iowa St, Monona, Iowa 52159

Luana Housing Inc

208 Church St, Luana, Iowa 52156

R.I.S.E. Group Home

107 Maxie Ave NE, Elkader, Iowa 52043

Valley View Apartments

1115 Buell Ave, McGregor, Iowa 52157

Strawberry Leisure Homes

401 Commercial St, Strawberry Point, Iowa 52076

Keystone Terrace

601 High Street, Elkader, Iowa

Yankee Settlement

504 E Harrison St, Edgewood, Iowa

Prestige Court Inc

106 N Rutland St, Garnavillo, Iowa

Strawberry Homes

615 Commercial St, Strawberry Point, Iowa

Iowa

931 Acre St, Guttenberg, Iowa 52052

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Clayton 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 Clayton County, Iowa Affordable Housing ↓

How many renters live in Clayton County, Iowa?

The County of Clayton County has 17,123 people living in 7,286 households.

There are 3,698 renters living in 1,800 renter households in this County. Renters make up 21.6 percent of the population living in Clayton County.

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

There are an estimated 8,779 housing units in the Clayton County area. Of these, 1,898 units are rental homes, making up 22 percent of the housing market. For every renter household in Clayton County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Clayton County?

The rental vacancy rate in Clayton County is 5 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 Clayton County for each bedroom size?

Occupied Rental Units by Size in Clayton County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
76 359 735 416 170
Occupied Rental Units by Size in Clayton County

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

Among renter households in this market, 36 percent have housing cost burden. Further, 18 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 Clayton County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $584
One BR $656
Two BR $862
Three BR $1,067
Four BR $1,148
2024 Fair Market Rents in Clayton County, Iowa

How many units are rented at Fair Market Rent (FMR) in Clayton 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
Studio 15 20 percent
One BR 266 74 percent
Two BR 432 59 percent
Rental Units Below FMR in Clayton County, Iowa

How many affordable rental units are in Clayton County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 15
Section 8 Project-Based Rental Assistance 10
USDA Section 515 Rural Rental Housing 92
Tracked Units by Federal Program in Clayton County, Iowa

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

Income Based Apartments in Clayton County, Iowa

Clayton County features 119 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 Clayton County, Iowa

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Clayton County.

Housing Choice Vouchers in Clayton County, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.