What HUD offices serve Humeston, 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.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Humeston.
How many renters live in Humeston, Iowa?
The City of Humeston has people living in households.
There are renters living in renter households in this City. Renters make up 19.02 percent of the population living in Humeston.
What is the rental market like in Humeston, Iowa?
There are an estimated housing units in the Humeston area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Humeston, Iowa, there are 1.1 rental units.
What is the vacancy rate for rentals in Humeston?
The rental vacancy rate in Humeston is 9 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 Humeston for each bedroom size?
Occupied Rental Units by Size in Humeston
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 3 | 27 | 7 | 11 | 0 |
Occupied Rental Units by Size in Humeston
A large number of apartments in Humeston 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 Humeston
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $630 |
| One BR | $675 |
| Two BR | $862 |
| Three BR | $1,042 |
| Four BR | $1,148 |
2024 Fair Market Rents in Humeston, Iowa
How many units are rented at Fair Market Rent (FMR) in Humeston?
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 | 2 | 67 percent |
| One BR | 19 | 70 percent |
| Two BR | 0 | 100 percent |
Rental Units Below FMR in Humeston, Iowa
How many affordable rental units are in Humeston?
Income Based Apartments in Humeston, Iowa
Humeston features 42 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 Humeston, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Humeston.
Housing Choice Vouchers in Humeston, Iowa
On average, Section 8 Housing Choice vouchers pay Humeston landlords $300 per month towards rent. The average voucher holder contributes $200 towards rent in Humeston.
The maximum amount a voucher would pay on behalf of a low-income tenant in Humeston, Iowa for a two-bedroom apartment is between $776 and $948.
Sourced from federal housing data and AffordableHousingOnline.com research.