What HUD offices serve Drakesville, 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.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Drakesville.
How many renters live in Drakesville, Iowa?
The City of Drakesville has people living in households.
There are renters living in renter households in this City. Renters make up 4.29 percent of the population living in Drakesville.
What is the rental market like in Drakesville, Iowa?
There are an estimated housing units in the Drakesville area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Drakesville, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Drakesville?
The rental vacancy rate in Drakesville is 0 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 Drakesville for each bedroom size?
Occupied Rental Units by Size in Drakesville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 3 | 2 | 0 | 0 |
Occupied Rental Units by Size in Drakesville
A large number of apartments in Drakesville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Drakesville?
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 |
| One BR | 3 | 100 percent |
| Two BR | 2 | 100 percent |
Rental Units Below FMR in Drakesville, Iowa
How many affordable rental units are in Drakesville?
There are a variety of federal affordable housing programs serving households in Drakesville, Iowa including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Drakesville, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Drakesville, Iowa
Drakesville features 4 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 Drakesville, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Drakesville.
Housing Choice Vouchers in Drakesville, Iowa
On average, Section 8 Housing Choice vouchers pay Drakesville landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Drakesville.
The maximum amount a voucher would pay on behalf of a low-income tenant in Drakesville, Iowa for a two-bedroom apartment is between $781 and $955.
Sourced from federal housing data and AffordableHousingOnline.com research.