Low Income Apartments and Affordable Housing For Rent in Le Mars, IA

Discover affordable housing in Le Mars where there are 9+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Willow Creek Place

620 14th Ave NE, Le Mars, Iowa 51031

bed 1

Highland Estates

530 Countryside Dr, Le Mars, Iowa 51031

Prime Living

108 1st Ave NW, Le Mars, Iowa 51031

Lemars Estates

650 4th Ave NE, Le Mars, Iowa 51031

Floyd Valley

110 6th Ave NE , Le Mars, Iowa 51031

Le Mars Ltd Prshp

1120 2nd Street Se, Le Mars, Iowa

Regency Villa-Lemar

1040 2nd St Se, Le Mars, Iowa

Sunrise Villa Apartments

524 Sunset Dr SW, Le Mars, Iowa 51031

Lemars Independent Living

1205 6th Ave SE, Le Mars, Iowa 51031

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Le Mars, Iowa

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Le Mars, Iowa
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Le Mars, Iowa Affordable Housing ↓

How many renters live in Le Mars, Iowa?

The City of Le Mars has people living in households.

There are renters living in renter households in this City. Renters make up 23.69 percent of the population living in Le Mars.

What is the rental market like in Le Mars, Iowa?

There are an estimated housing units in the Le Mars area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Le Mars, Iowa, there are 1.09 rental units.

What is the vacancy rate for rentals in Le Mars?

The rental vacancy rate in Le Mars is 6 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Le Mars for each bedroom size?

Occupied Rental Units by Size in Le Mars
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
54 213 818 235 56
Occupied Rental Units by Size in Le Mars

A large number of apartments in Le Mars 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 Le Mars

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $653 to $1,203. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $653
One BR $701
Two BR $862
Three BR $1,199
Four BR $1,203
2024 Fair Market Rents in Le Mars, Iowa

How many units are rented at Fair Market Rent (FMR) in Le Mars?

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 51 94 percent
One BR 174 82 percent
Two BR 471 58 percent
Rental Units Below FMR in Le Mars, Iowa

How many affordable rental units are in Le Mars?

There are a variety of federal affordable housing programs serving households in Le Mars, Iowa including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Section 811 Supportive Housing for Persons with Disabilities
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Le Mars, Iowa

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Le Mars, Iowa

Le Mars features 153 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 16 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 $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.