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Affordable Housing In Leon
Decatur County, Iowa

3 Low Income Apartment Communities In Leon


302 NE 8th St
Leon, Iowa
Elderly Supportive Housing


401 SE Q St
Leon, Iowa

Valley View Apartments

1006 SW 11th St
Leon, Iowa
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Housing Authorities that serve Leon

Housing Authority Programs
Low Rent Housing Agency of Leon Public Housing
Southern Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Leon, Iowa

There are 3 low income housing apartment communities offering 76 affordable apartments for rent in Leon, Iowa.

Income Based Apartments in Leon, Iowa

Leon features 76 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 Leon, Iowa

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Leon.

Housing Choice Vouchers in Leon, Iowa

On average, Section 8 Housing Choice vouchers pay Leon landlords $400 per month towards rent. The average voucher holder contributes $200 towards rent in Leon.

The maximum amount a voucher would pay on behalf of a low-income tenant in Leon, Iowa for a two-bedroom apartment is between $618 and $756.

2020 Leon, 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 $518 $522 $687 $865 $1,146
Payment Standard Range $466 to $570 $470 to $574 $618 to $756 $779 to $952 $1,031 to $1,261

Sourced from federal housing data and research.

Leon, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 76
Total Housing Units with Rental Assistance 76
Percentage of Housing Units Occupied By Renters 49.16%
Average Renter Household Size 2.40
Average Household Size 2.50
Median Household Income $36,172 ±$11,592
Median Rent $466 ±$83
Percentage Of Renters Overburdened 40.11% ± 12.31pp
Total Population 1,999

Population and Household Demographics

Leon is a city in Decatur County, Iowa with a population of 1,999. There are 771 households in the city with an average household size of 2.50 persons. 49.16% of households in Leon are renters.

Income and Rent Overburden in Leon

The median gross income for households in Leon is $36,172 a year, or $3,014 a month. The median rent for the city is $466 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Leon, a household making less than $1,553 a month would be considered overburdened when renting an apartment at or above the median rent. 40.11% of households who rent are overburdened in Leon.

Area Median Income In Leon

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 Leon, the AMI is calculated from all households within Decatur County.

In Leon, HUD calculates the Area Median Income for a family of four as $53,500

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 Leon

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 Leon

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,250 $17,400 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,400 $29,000 $32,650 $36,250 $39,150 $42,050 $44,950 $47,850
80% of Median $40,600 $46,400 $52,200 $58,000 $62,650 $67,300 $71,950 $76,600