How many renters live in Dunkerton, Iowa?
The City of Dunkerton has 860 people living in 328 households.
There are 93 renters living in 58 renter households in this City. Renters make up 10.81 percent of the population living in Dunkerton.
What is the rental market like in Dunkerton, Iowa?
There are an estimated 345 housing units in the Dunkerton area. Of these, 65 units are rental homes, making up 19 percent of the housing market. For every renter household in Dunkerton, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Dunkerton?
The rental vacancy rate in Dunkerton is 11 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 Dunkerton for each bedroom size?
Occupied Rental Units by Size in Dunkerton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 39 | 12 | 6 | 1 |
Occupied Rental Units by Size in Dunkerton
A large number of apartments in Dunkerton 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 Dunkerton are overburdened by housing costs?
Among renter households in this market, 19 percent have housing cost burden. Further, 12 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 Dunkerton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $640 to $1,602. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $640 |
| One BR | $737 |
| Two BR | $944 |
| Three BR | $1,250 |
| Four BR | $1,602 |
2024 Fair Market Rents in Dunkerton, Iowa
How many units are rented at Fair Market Rent (FMR) in Dunkerton?
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 | 34 | 87 percent |
| Two BR | 7 | 58 percent |
Rental Units Below FMR in Dunkerton, Iowa
How many affordable rental units are in Dunkerton?
There are a variety of federal affordable housing programs serving households in Dunkerton, Iowa including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 12 |
Tracked Units by Federal Program in Dunkerton, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Dunkerton, Iowa
Dunkerton features 12 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 Dunkerton, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Dunkerton.
Housing Choice Vouchers in Dunkerton, Iowa
On average, Section 8 Housing Choice vouchers pay Dunkerton landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Dunkerton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Dunkerton, Iowa for a two-bedroom apartment is between $850 and $1,038.
Sourced from federal housing data and AffordableHousingOnline.com research.
