Affordable Housing In Linn County

66 Low Income Apartment Communities In Linn County

Ashton Square Apartments

500 Ashton Pl NE
Cedar Rapids, IA
HCV Welcome

Scott Meadows

5960 E Kacena Ave
Marion, IA
HCV Welcome

Wiley Apartments

102 Wiley
Cedar Rapids, IA
HCV Welcome

Golden Age Housing

Corner Main & Olive
Center Point, IA

Remcares Townhomes - 300 7th Street East

300 7th St NE
Mount Vernon, IA
HCV Welcome

Selzer Apartments

117 Railroad St
Fairfax, IA
HCV Welcome

Other Housing Authorities located in Linn County

Housing Authority Programs
Cedar Rapids Housing Services Division Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Linn County, Iowa

According to federal housing data and research, there are 66 low income housing apartment communities offering 3,943 affordable apartments for rent in Linn County, Iowa. Linn County features 1,358 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 2,355 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Linn County.

Linn County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 66
Total Low Income Apartments 3,943
Total Housing Units with Rental Assistance 1,358
Percentage of Housing Units Occupied By Renters 26.39%
Average Renter Household Size 2.09
Average Household Size 2.42
Median Household Income $59,322 ±$1,387
Median Rent $695 ±$13
Percentage Of Renters Overburdened 41.53% ± 2.96pp
Total Population 216,640

Population and Household Demographics

Linn County is a County in Iowa with a population of 216,640. There are 87,318 households in the county with an average household size of 2.42 persons. 26.39% of households in Linn County are renters.

Income and Rent Overburden in Linn County

The median gross income for households in Linn County is $59,322 a year, or $4,944 a month. The median rent for the county is $695 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Linn County, a household making less than $2,317 a month would be considered overburdened when renting an apartment at or above the median rent. 41.53% of households who rent are overburdened in Linn County.1

Area Median Income In Linn 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 Linn County, HUD calculates the Area Median Income for a family of four as $89,300

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 Linn 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 Linn County HUD Rental Assistance in Linn County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,800 $21,450 $24,150 $26,800 $30,170 $34,590 $39,010 $43,430
50% of Median $31,300 $35,750 $40,200 $44,650 $48,250 $51,800 $55,400 $58,950
80% of Median $50,050 $57,200 $64,350 $71,450 $77,200 $82,900 $88,600 $94,350
Low Income Housing Tax Credits in Linn County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1990 to 2011, 30 low income apartment communities containing 1,886 rental apartments have been constructed and made affordable to low income persons in Linn County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Linn County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $31,300 $35,750 $40,200 $44,650 $48,250 $51,800 $55,400 $58,950
60% of Median $37,560 $42,900 $48,240 $53,580 $57,900 $62,160 $66,480 $70,740

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Linn County is $48,240 a year, or $4,020 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $4,020 by 30% to get a maximum rent of $1,206 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $783 $838 $1,005 $1,161 $1,295 $1,429
60% $939 $1,006 $1,206 $1,394 $1,554 $1,715
Fair Market Rents in Linn County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$506 $590 $777 $1,104 $1,221

Cities In Linn County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Cedar Rapids 44 The HUD funded Public Housing Agency that serves Cedar Rapids is the Cedar Rapids Housing Services Division.
Palo 1
Marion 11
Mount Vernon 1
Lisbon 1
Springville 1
Hiawatha 1
Central City 0
Walker 1
Fairfax 1
Center Point 3
Ely 1
Alburnett 0
Coggon 0
Prairieburg 0
Bertram 0
Robins 0