Affordable Housing In Guthrie County
Iowa

4 Low Income Apartment Communities In Guthrie County

Panora Assisted Living

807 E Main St
Panora, IA
Accepts Vouchers

Mid - Iowa Family

100 Olive Grove Ln
Bayard, IA
Subsidized

Panora Ret Homes

116 NW 5th St
Panora, IA

Menlo Devel Corp

4th & Sheridan
Menlo, IA
Subsidized
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Housing Authorities that serve Guthrie County

Housing Authority Programs
Region XII Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency

Guide To Affordable Housing in Guthrie County, Iowa

There are 4 low income housing apartment communities offering 100 affordable apartments for rent in Guthrie County, Iowa.

Income Based Apartments in Guthrie County, Iowa

Guthrie County features 47 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 Guthrie County, Iowa

There are 53 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guthrie County.

Housing Choice Vouchers in Guthrie County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Guthrie County, Iowa for a two-bedroom apartment is between $810 and $990.

2020 Guthrie County, Iowa Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $603 $730 $900 $1,215 $1,323
Payment Standard Range $543 to $663 $657 to $803 $810 to $990 $1,094 to $1,337 $1,191 to $1,455

Sourced from federal housing data and AffordableHousingOnline.com research.

Guthrie County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 100
Total Housing Units with Rental Assistance 47
Percentage of Housing Units Occupied By Renters 19.49%
Average Renter Household Size 2.29
Average Household Size 2.34
Median Household Income $51,013 ±$1,670
Median Rent $601 ±$36
Percentage Of Renters Overburdened 33.98% ± 5.39pp
Total Population 10,740

Population and Household Demographics

Guthrie County is a County in Iowa with a population of 10,740. There are 4,514 households in the county with an average household size of 2.34 persons. 19.49% of households in Guthrie County are renters.

Income and Rent Overburden in Guthrie County

The median gross income for households in Guthrie County is $51,013 a year, or $4,251 a month. The median rent for the county is $601 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Guthrie County, a household making less than $2,003 a month would be considered overburdened when renting an apartment at or above the median rent. 33.98% of households who rent are overburdened in Guthrie County.1

Area Median Income In Guthrie County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Guthrie County, HUD calculates the Area Median Income for a family of four as $88,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Guthrie County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Guthrie County HUD Rental Assistance in Guthrie County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,400 $21,000 $23,650 $26,250 $30,170 $34,590 $39,010 $43,430
50% of Median $30,650 $35,000 $39,400 $43,750 $47,250 $50,750 $54,250 $57,750
80% of Median $49,000 $56,000 $63,000 $70,000 $75,600 $81,200 $86,800 $92,400

Cities In Guthrie County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Bayard 1 The HUD funded Public Housing Agency that serves Bayard is the Region XII Regional Housing Authority.
Panora 2 The HUD funded Public Housing Agency that serves Panora is the Region XII Regional Housing Authority.
Menlo 1 The HUD funded Public Housing Agency that serves Menlo is the Region XII Regional Housing Authority.
Bagley 0 The HUD funded Public Housing Agency that serves Bagley is the Region XII Regional Housing Authority.
Diamondhead Lake 0 The HUD funded Public Housing Agency that serves Diamondhead Lake is the Region XII Regional Housing Authority.
Lake Panorama 0 The HUD funded Public Housing Agency that serves Lake Panorama is the Region XII Regional Housing Authority.
Yale 0 The HUD funded Public Housing Agency that serves Yale is the Region XII Regional Housing Authority.
Guthrie Center 0 The HUD funded Public Housing Agency that serves Guthrie Center is the Region XII Regional Housing Authority.
Jamaica 0 The HUD funded Public Housing Agency that serves Jamaica is the Region XII Regional Housing Authority.