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

Discover affordable housing in Dickinson County where there are 12+ 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.

The Antlers

1703 Hill Ave, Spirit Lake, Iowa 51360

River West Apartments

674 Us Highway 71, Milford, Iowa 51351

Milford Housing 1 01 - 7

1007 H Ave, Milford, Iowa 51351

Summerfield Park

2300 Sunner Ave, Spirit Lake, Iowa 51360

Lakewood Court

607 15th St, Spirit Lake, Iowa 51360

Silver Lake Apartments

212 E 4th St, Lake Park, Iowa 51347

Sunrise Apartments

2300 23rd St, Spirit Lake, Iowa 51360

Milford Hsg #3 02-9

1402 15th St and K Ave, Milford, Iowa

Sunrise Ltd 7 050

1901 23rd St, Spirit Lake, Iowa 51360

River West Apartments, L.

3200 Okoboji Ave, Milford, Iowa 51351

Lakeside Apartments

664 Terrace Park Blvd, Milford, Iowa 51351

Arapahoe Village Apartments

2104 Jackson Ave, Spirit Lake, Iowa 51360

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Dickinson County, Iowa
$19.75/hour
$12.50 (+172%) more than Iowa minimum wage and $12.50 (+172%) more than the Federal minimum wage.
Learn More About Dickinson County, Iowa Affordable Housing ↓

How many renters live in Dickinson County, Iowa?

The County of Dickinson County has 17,692 people living in 8,279 households.

There are 2,802 renters living in 1,785 renter households in this County. Renters make up 15.84 percent of the population living in Dickinson County.

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

There are an estimated 13,841 housing units in the Dickinson County area. Of these, 1,800 units are rental homes, making up 13 percent of the housing market. For every renter household in Dickinson County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Dickinson County?

The rental vacancy rate in Dickinson County is 1 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 Dickinson County for each bedroom size?

Occupied Rental Units by Size in Dickinson County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
83 490 782 293 103
Occupied Rental Units by Size in Dickinson County

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

Among renter households in this market, 40 percent have housing cost burden. Further, 15 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 Dickinson County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $789 to $1,389. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $789
One BR $794
Two BR $1,043
Three BR $1,261
Four BR $1,389
2024 Fair Market Rents in Dickinson County, Iowa

How many units are rented at Fair Market Rent (FMR) in Dickinson 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 18 22 percent
One BR 328 67 percent
Two BR 481 62 percent
Rental Units Below FMR in Dickinson County, Iowa

How many affordable rental units are in Dickinson County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 158
USDA Section 515 Rural Rental Housing 70
Tracked Units by Federal Program in Dickinson County, Iowa

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

Income Based Apartments in Dickinson County, Iowa

Dickinson County features 82 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 Dickinson County, Iowa

There are 158 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dickinson County.

Housing Choice Vouchers in Dickinson County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Dickinson County, Iowa for a two-bedroom apartment is between $939 and $1,147.

Sourced from federal housing data and AffordableHousingOnline.com research.