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

Discover affordable housing in Guthrie County where there are 4+ 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.

Menlo Devel Corp

4th and Sheridan, Menlo, Iowa 50164

Mid - Iowa Family

100 Olive Grove Ln, Bayard, Iowa 50029

Panora Assisted Living

807 E Main St, Panora, Iowa 50216

Panora Ret Homes

116 NW 5th St, Panora, Iowa 50216

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Guthrie County, Iowa
$20.45/hour
$13.20 (+182%) more than Iowa minimum wage and $13.20 (+182%) more than the Federal minimum wage.
Learn More About Guthrie County, Iowa Affordable Housing ↓

What HUD offices serve Guthrie 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), Family Self-Sufficiency programs for Guthrie County, Iowa.

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

How many renters live in Guthrie County, Iowa?

The County of Guthrie County has 10,619 people living in 4,518 households.

There are 1,525 renters living in 737 renter households in this County. Renters make up 14.36 percent of the population living in Guthrie County.

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

There are an estimated 5,783 housing units in the Guthrie County area. Of these, 822 units are rental homes, making up 14 percent of the housing market. For every renter household in Guthrie County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Guthrie County?

The rental vacancy rate in Guthrie County is 10 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 Guthrie County for each bedroom size?

Occupied Rental Units by Size in Guthrie County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 143 251 261 69
Occupied Rental Units by Size in Guthrie County

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

Among renter households in this market, 33 percent have housing cost burden. Further, 22 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 Guthrie County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $833 to $1,481. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $833
One BR $899
Two BR $1,080
Three BR $1,477
Four BR $1,481
2024 Fair Market Rents in Guthrie County, Iowa

How many units are rented at Fair Market Rent (FMR) in Guthrie 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 0 100 percent
One BR 113 79 percent
Two BR 181 72 percent
Rental Units Below FMR in Guthrie County, Iowa

How many affordable rental units are in Guthrie County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 10
USDA Section 515 Rural Rental Housing 21
Tracked Units by Federal Program in Guthrie County, Iowa

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

Income Based Apartments in Guthrie County, Iowa

Guthrie County features 21 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 Guthrie County, Iowa

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guthrie County.

Housing Choice Vouchers in Guthrie County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Guthrie County, Iowa for a two-bedroom apartment is between $972 and $1,188.

Sourced from federal housing data and AffordableHousingOnline.com research.