Affordable Housing In Jasper County
Iowa
29 Low Income Apartment Communities In Jasper County
Baxter Park Apartments
Linden Place - Newton
Progress Industries Group Homes
Capstone Housing
Housing Authorities that serve Jasper County
| Housing Authority | Programs |
|---|---|
| Central Iowa Regional Housing Authority | Section 8 Housing Choice Voucher (HCV); Public Housing |
Guide To Affordable Housing in Jasper County, Iowa
There are 29 low income housing apartment communities offering 987 affordable apartments for rent in Jasper County, Iowa.
Income Based Apartments in Jasper County, Iowa
Jasper County features 352 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 Jasper County, Iowa
There are 510 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Jasper County.
Housing Choice Vouchers in Jasper County, Iowa
On average, Section 8 Housing Choice vouchers pay Jasper County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Jasper County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Jasper County, Iowa for a two-bedroom apartment is between $654 and $800.
2020 Jasper 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 | $512 | $552 | $727 | $1,012 | $1,149 |
| Payment Standard Range | $461 to $563 | $497 to $607 | $654 to $800 | $911 to $1,113 | $1,034 to $1,264 |
Sourced from federal housing data and AffordableHousingOnline.com research.
Jasper County, IA Affordable Housing Snapshot
| Total Affordable Apartment Properties | 29 |
|---|---|
| Total Low Income Apartments | 987 |
| Total Housing Units with Rental Assistance | 352 |
| Percentage of Housing Units Occupied By Renters | 26.97% |
| Average Renter Household Size | 2.30 |
| Average Household Size | 2.41 |
| Median Household Income | $55,033 ±$2,218 |
| Median Rent | $685 ±$51 |
| Percentage Of Renters Overburdened | 37.54% ± 5.56pp |
| Total Population | 36,726 |
Population and Household Demographics
Jasper County is a county in Iowa with a population of 36,726. There are 14,437 households in the county with an average household size of 2.41 persons. 26.97% of households in Jasper County are renters.
Income and Rent Overburden in Jasper County
The median gross income for households in Jasper County is $55,033 a year, or $4,586 a month. The median rent for the county is $685 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Jasper County, a household making less than $2,283 a month would be considered overburdened when renting an apartment at or above the median rent. 37.54% of households who rent are overburdened in Jasper County.
Area Median Income In Jasper 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 Jasper County, HUD calculates the Area Median Income for a family of four as $72,800
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 Jasper 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 HUD Rental Assistance in Jasper County
| Income | 1 Person | 2 Person | 3 Person | 4 Person | 5 Person | 6 Person | 7 Person | 8 Person |
|---|---|---|---|---|---|---|---|---|
| 30% of Median | $15,300 | $17,500 | $21,720 | $26,200 | $30,680 | $35,160 | $39,640 | $44,120 |
| 50% of Median | $25,500 | $29,150 | $32,800 | $36,400 | $39,350 | $42,250 | $45,150 | $48,050 |
| 80% of Median | $40,800 | $46,600 | $52,450 | $58,250 | $62,950 | $67,600 | $72,250 | $76,900 |
Cities In Jasper County
Select A City to View its Apartment Communities and Waiting Lists.
| City | Served By |
|---|---|
| Baxter | The HUD funded Public Housing Agency that serves Baxter is the Central Iowa Regional Housing Authority. |
| Colfax | The HUD funded Public Housing Agency that serves Colfax is the Central Iowa Regional Housing Authority. |
| Kellogg | The HUD funded Public Housing Agency that serves Kellogg is the Central Iowa Regional Housing Authority. |
| Lambs Grove | The HUD funded Public Housing Agency that serves Lambs Grove is the Central Iowa Regional Housing Authority. |
| Lynnville | The HUD funded Public Housing Agency that serves Lynnville is the Central Iowa Regional Housing Authority. |
| Mingo | The HUD funded Public Housing Agency that serves Mingo is the Central Iowa Regional Housing Authority. |
| Mitchellville | The HUD funded Public Housing Agency that serves Mitchellville is the Central Iowa Regional Housing Authority. |
| Monroe | The HUD funded Public Housing Agency that serves Monroe is the Central Iowa Regional Housing Authority. |
| Newton | The HUD funded Public Housing Agency that serves Newton is the Central Iowa Regional Housing Authority. |
| Oakland Acres | The HUD funded Public Housing Agency that serves Oakland Acres is the Central Iowa Regional Housing Authority. |
| Prairie City | The HUD funded Public Housing Agency that serves Prairie City is the Central Iowa Regional Housing Authority. |
| Reasnor | The HUD funded Public Housing Agency that serves Reasnor is the Central Iowa Regional Housing Authority. |
| Sully | The HUD funded Public Housing Agency that serves Sully is the Central Iowa Regional Housing Authority. |
| Valeria | The HUD funded Public Housing Agency that serves Valeria is the Central Iowa Regional Housing Authority. |
