How many renters live in Grundy County, Iowa?
The County of Grundy County has people living in households.
There are renters living in renter households in this County. Renters make up 14.11 percent of the population living in Grundy County.
What is the rental market like in Grundy County, Iowa?
There are an estimated housing units in the Grundy County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Grundy County, Iowa, there are 1.11 rental units.
What is the vacancy rate for rentals in Grundy County?
The rental vacancy rate in Grundy County is 10 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 Grundy County for each bedroom size?
Occupied Rental Units by Size in Grundy County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 9 | 248 | 245 | 168 | 128 |
Occupied Rental Units by Size in Grundy County
A large number of apartments in Grundy County 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 Grundy 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 | 5 | 56 percent |
| One BR | 140 | 56 percent |
| Two BR | 187 | 76 percent |
Rental Units Below FMR in Grundy County, Iowa
How many affordable rental units are in Grundy County?
There are a variety of federal affordable housing programs serving households in Grundy 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 Grundy County, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Grundy County, Iowa
Grundy County features 56 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 Grundy County, Iowa
There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Grundy County.
Housing Choice Vouchers in Grundy County, Iowa
On average, Section 8 Housing Choice vouchers pay Grundy County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Grundy County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Grundy County, Iowa for a two-bedroom apartment is between $850 and $1,038.
Sourced from federal housing data and AffordableHousingOnline.com research.