Low Income Apartments and Affordable Housing For Rent in Fort Dodge, IA

Discover affordable housing in Fort Dodge where there are 22+ 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.

Mdi Ltd 62 - 627 Central Avenue

627 Central Ave, Fort Dodge, Iowa 50501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

704 14th Ave N

704 14th Ave N, Fort Dodge, Iowa 50501

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Fort Dodge, 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 Fort Dodge, Iowa
$16.34/hour
$9.09 (+125%) more than Iowa minimum wage and $9.09 (+125%) more than the Federal minimum wage.
Learn More About Fort Dodge, Iowa Affordable Housing ↓

What HUD offices serve Fort Dodge, 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 Fort Dodge, Iowa.

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

How many renters live in Fort Dodge, Iowa?

The City of Fort Dodge has people living in households.

There are renters living in renter households in this City. Renters make up 29.63 percent of the population living in Fort Dodge.

What is the rental market like in Fort Dodge, Iowa?

There are an estimated housing units in the Fort Dodge area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Fort Dodge, Iowa, there are 1.03 rental units.

What is the vacancy rate for rentals in Fort Dodge?

The rental vacancy rate in Fort Dodge is 2 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 Fort Dodge for each bedroom size?

Occupied Rental Units by Size in Fort Dodge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
212 1,021 1,798 569 189
Occupied Rental Units by Size in Fort Dodge

A large number of apartments in Fort Dodge 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 Fort Dodge

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,465. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $652
One BR $657
Two BR $863
Three BR $1,159
Four BR $1,465
2024 Fair Market Rents in Fort Dodge, Iowa

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

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 120 57 percent
One BR 597 58 percent
Two BR 1,029 57 percent
Rental Units Below FMR in Fort Dodge, Iowa

How many affordable rental units are in Fort Dodge?

There are a variety of federal affordable housing programs serving households in Fort Dodge, 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 Fort Dodge, Iowa

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

Income Based Apartments in Fort Dodge, Iowa

Fort Dodge features 340 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 Fort Dodge, Iowa

There are 156 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Dodge.

Housing Choice Vouchers in Fort Dodge, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Dodge, Iowa for a two-bedroom apartment is between $777 and $949.

Sourced from federal housing data and AffordableHousingOnline.com research.

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