Williams Terrace

1603 N. 9th St., Indianola, IA 50125

Waiting List Forecast: Likely Short or None

check_circleVerified for 2026 by Connor Bailey

Rent	Beds	Baths	SqFt
Call for Rents^†	1 - 2 Beds	1 Bath	628 - 818 Sq Ft

Call (515) 802-2375

Waitlist Forecast

Since this property is a LIHTC property that might not have a project based rental assistance contract, it is likely that it either has no waiting list or the waiting list is shorter than properties with rental assistance. You should contact the property to verify.

Note: Affordable Housing Online has not confirmed the waiting list status directly with the property. This waiting list status forecast is based on our housing experts' knowledge of similar properties. You should always confirm this status directly with the property.

Welcome to Williams Terrace! This controlled access, senior community offers 1 and 2-bedroom apartments with energy efficient appliances, garbage disposals, and more. We are conveniently located 3 minutes from Walmart and Indianola High School, 5 minutes from Simpson College and the Indianola Country Club, and 13 minutes from Annett Nature Center Park and Lake Ahquabi State Park.

Dave's Thoughts On Williams Terrace

This LIHTC property is among the most common types of affordable rental housing in the United States. The LIHTC program only provides subsidies to the building’s owner at construction. No subsidies are provided directly to the residents, but the owner must set rents affordable to low-income renters in the area. Our data suggests Williams Terrace does not participate in any project-based rent subsidy program. This means you must earn enough to pay the full rent or have your own Section 8 Housing Choice Voucher. For that reason, LIHTC properties tend to have shorter waiting lists or even none at all. LIHTC properties nationwide are required to accept housing vouchers. LIHTC properties were first built in the late 1980's. Because they tend to be newer, these properties are more likely to have larger units, more amenities, and greater tenant service offerings than other affordable housing programs. This property might be right for you if you have a housing voucher or enough income to pay rent, are looking for a high quality property, or need immediate availability. Since this property participates in the LIHTC program, the property is required to accept Section 8 Housing Choice Vouchers.

~ Dave Layfield, Founder of Affordable Housing Online

Williams Terrace Amenities

Community Room
Clubhouse
On-Site Manager
Air Conditioning
Ceiling Fan(s)
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Extra Storage
On-Site Maintenance
Washer and Dryer Included
Energy Efficient Appliances

Units at Williams Terrace

Unit (Bd/Ba)	Ft²	Rent
One Bedroom (1/1)	628ft²	Call for Price^†
Two Bedroom (2/1)	818ft²	Call for Price^†

FAQs for Williams Terrace

Does Williams Terrace have a waiting list?

Williams Terrace probably doesn't have a waiting list, and, if it does, the wait times are most likely short. We haven't confirmed if this is the case, so you should contact the property to confirm.

Are rents subsidized at Williams Terrace?

We believe rents are most likely NOT subsidized at any of the units at this property since our research has not discovered any public housing or rental assistance contracts associated with this property. This means you will most likely have to pay the full rent no matter your income. Note: In some rare instances, some properties may have a small number of units subsidized through state or private programs.

What property management company manges Williams Terrace?

Williams Terrace is managed by Woda Cooper Companies, Inc. headquartered in Columbus, OH.

In addition to Williams Terrace, how many other affordable housing properties (and units) are there in Indianola?

In addition to Williams Terrace, we list 5 other affordable properties in Indianola. Learn about these properties here. Our data research shows that there are a total of 277 affordable units in Indianola.

When was the Williams Terrace listing last updated?

Williams Terrace listing on Affordable Housing Online was last updated on 07/06/2026 by Connor Bailey. Remember, a property's status can change so you should contact the property to confirm.