Low Income Apartments and Affordable Housing For Rent in Evansdale, IA

Discover affordable housing in Evansdale 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.

Evansdale Senior Residences

210 S Evans Rd, Evansdale, Iowa 50707

payment Subsidized

Bills Community Homes

88 Eldene Ct, Evansdale, Iowa 50707

switch_access_shortcut Short Wait

218 Clark St

218 Clark St, Evansdale, Iowa 50707

bed 2
payment $925/mo.

Evansdale

715 2nd St, Evansdale, Iowa 50707

Fox Meadows Apartments

715 S Evans Rd, Evansdale, Iowa 50707

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Evansdale, 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 Evansdale, Iowa
$17.88/hour
$10.63 (+147%) more than Iowa minimum wage and $10.63 (+147%) more than the Federal minimum wage.
Learn More About Evansdale, Iowa Affordable Housing ↓

What HUD offices serve Evansdale, 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), Public Housing programs for Evansdale, Iowa.

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

How many renters live in Evansdale, Iowa?

The City of Evansdale has people living in households.

There are renters living in renter households in this City. Renters make up 35.89 percent of the population living in Evansdale.

What is the rental market like in Evansdale, Iowa?

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

What is the vacancy rate for rentals in Evansdale?

The rental vacancy rate in Evansdale 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 Evansdale for each bedroom size?

Occupied Rental Units by Size in Evansdale
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
24 157 345 231 13
Occupied Rental Units by Size in Evansdale

A large number of apartments in Evansdale 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 Evansdale

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 Evansdale, Iowa

How many units are rented at Fair Market Rent (FMR) in Evansdale?

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 24 100 percent
One BR 97 62 percent
Two BR 207 60 percent
Rental Units Below FMR in Evansdale, Iowa

How many affordable rental units are in Evansdale?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Public Housing
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Evansdale, Iowa

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

Income Based Apartments in Evansdale, Iowa

Evansdale features 119 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 Evansdale, Iowa

There are 41 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Evansdale.

Housing Choice Vouchers in Evansdale, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Evansdale, Iowa for a two-bedroom apartment is between $850 and $1,038.

Sourced from federal housing data and AffordableHousingOnline.com research.

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