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

Discover affordable housing in Tama County where there are 5+ 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.

Village Park Apartments

1015 S Prospect Dr, Toledo, Iowa 52342

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Tama Iha Apartments

1301 Sesame Dr, Tama, Iowa 52339

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Pv of Tama

202 E 13th St, Tama, Iowa 52339

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Tama Senior Housing, - 605 John Street

605 John St, Tama, Iowa 52339

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

Indianhead Apartments

203 Prospect Dr, Tama, Iowa 0

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Tama County, Iowa

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tama County, Iowa
$16.99/hour
$9.74 (+134%) more than Iowa minimum wage and $9.74 (+134%) more than the Federal minimum wage.
Learn More About Tama County, Iowa Affordable Housing ↓

How many renters live in Tama County, Iowa?

The County of Tama County has people living in households.

There are renters living in renter households in this County. Renters make up 23.28 percent of the population living in Tama County.

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

There are an estimated housing units in the Tama County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Tama County, Iowa, there are 1.09 rental units.

What is the vacancy rate for rentals in Tama County?

The rental vacancy rate in Tama County is 8 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 Tama County for each bedroom size?

Occupied Rental Units by Size in Tama County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
65 261 564 421 234
Occupied Rental Units by Size in Tama County

A large number of apartments in Tama County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Tama County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $655 to $1,368. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $655
One BR $683
Two BR $897
Three BR $1,085
Four BR $1,368
2024 Fair Market Rents in Tama County, Iowa

How many units are rented at Fair Market Rent (FMR) in Tama 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 13 20 percent
One BR 127 49 percent
Two BR 313 55 percent
Rental Units Below FMR in Tama County, Iowa

How many affordable rental units are in Tama County?

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

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

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

Income Based Apartments in Tama County, Iowa

Tama County features 120 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 Tama County, Iowa

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tama County.

Housing Choice Vouchers in Tama County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Tama County, Iowa for a two-bedroom apartment is between $807 and $987.

Sourced from federal housing data and AffordableHousingOnline.com research.

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