Le Mars, Iowa Affordable Housing

Affordable Housing programs support 105 income based apartments in Le Mars where households pay rent based on how much they earn.

There are 74 affordable apartments in Le Mars that offer reduced rents to low-income households.

Waiting Lists in Le Mars, Iowa

There are no open Section 8 Housing Choice Voucher waiting lists in Le Mars. Go to the Iowa Section 8 Waiting Lists page for openings near Le Mars.

Willow Creek Place

620 14th Ave NE
Le Mars, Iowa
Call For Rent
1 BR
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Lemars Estates

650 4th Ave NE
Le Mars, Iowa
Rent Assisted

Floyd Valley

110 6th Ave NE
Le Mars, Iowa

Sunrise Villa Apartments

524 Sunset Dr SW
Le Mars, Iowa
Affordable

Highland Estates

530 Countryside Dr
Le Mars, Iowa
Affordable

Lemars Independent Living

1205 6th Ave SE
Le Mars, Iowa
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Prime Living

108 1st Ave NW
Le Mars, Iowa
Affordable

Le Mars Ltd Prshp

1120 2nd Street Se
Le Mars, Iowa

Regency Villa-Lemar

1040 2nd St Se
Le Mars, Iowa
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Affordable Housing Near Le Mars

View affordable apartments and waiting lists in cities near Le Mars

City Apartments
Akron, IA Affordable Housing programs support 1 apartment communities in Akron.
Kingsley, IA Affordable Housing programs support 1 apartment communities in Kingsley.
Westfield, IA Affordable Housing programs support 1 apartment communities in Westfield.

Le Mars, Iowa Affordable Housing Data

Income Based Apartments in Le Mars, Iowa

Le Mars features 105 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 Le Mars, Iowa

There are 74 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Le Mars.

Housing Choice Vouchers in Le Mars, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Le Mars, Iowa for a two-bedroom apartment is between $716 and $875.

2023 Le Mars, 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
Le Mars, Iowa Fair Market Rent $597 $652 $795 $1,116 $1,120
Le Mars, Iowa Payment Standard Range $537 to $657 $587 to $717 $716 to $875 $1,004 to $1,228 $1,008 to $1,232

Sourced from federal housing data and AffordableHousingOnline.com research.

Le Mars, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 9
Total Low Income Apartments 179
Total Housing Units with Rental Assistance 105
Percentage of Housing Units Occupied By Renters 25.48%
Average Renter Household Size 1.97
Average Household Size 2.26
Median Household Income $50,283 ±$4,649
Median Rent $513 ±$63
Percentage Of Renters Overburdened 32.71% ± 13.01pp
Total Population 9,757

Population and Household Demographics

Le Mars is a city in Plymouth County, Iowa with a population of 9,757. There are 4,211 households in the city with an average household size of 2.26 persons. 25.48% of households in Le Mars are renters.

Income and Rent Overburden in Le Mars

The median gross income for households in Le Mars is $50,283 a year, or $4,190 a month. The median rent for the city is $513 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Le Mars, a household making less than $1,710 a month would be considered overburdened when renting an apartment at or above the median rent. 32.71% of households who rent are overburdened in Le Mars.

Area Median Income In Le Mars

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Le Mars, the AMI is calculated from all households within Plymouth County.

In Le Mars, HUD calculates the Area Median Income for a family of four as $89,800

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 Le Mars

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 Le Mars

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Le Mars AMI may qualify for rental assistance programs that target Extremely Low Income households.
$18,900 $21,600 $24,300 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Le Mars AMI may qualify for rental assistance programs that target Very Low Income households.
$31,450 $35,950 $40,450 $44,900 $48,500 $52,100 $55,700 $59,300
80% AMI Income Limits
Renters earning up to 80% of the Le Mars AMI may qualify for rental assistance programs that target Low Income households.
$50,300 $57,500 $64,700 $71,850 $77,600 $83,350 $89,100 $94,850