Low Income Apartments and Affordable Housing For Rent in Logan, IA

Discover affordable housing in Logan where there are 2+ 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.

Boyer View Park Apartments

103 Boyer View Dr, Logan, Iowa 51546

Mosaic Xxii

10th and S Elm Ave, Logan, Iowa 51546

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Logan, Iowa
$22.16/hour
$14.91 (+206%) more than Iowa minimum wage and $14.91 (+206%) more than the Federal minimum wage.
Learn More About Logan, Iowa Affordable Housing ↓

What HUD offices serve Logan, Iowa?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Family Self-Sufficiency programs for Logan, Iowa.

Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Logan.

How many renters live in Logan, Iowa?

The City of Logan has 1,437 people living in 540 households.

There are 309 renters living in 127 renter households in this City. Renters make up 21.5 percent of the population living in Logan.

What is the rental market like in Logan, Iowa?

There are an estimated 611 housing units in the Logan area. Of these, 127 units are rental homes, making up 21 percent of the housing market. For every renter household in Logan, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Logan?

The rental vacancy rate in Logan is 0 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 Logan for each bedroom size?

Occupied Rental Units by Size in Logan
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 16 44 61 6
Occupied Rental Units by Size in Logan

A large number of apartments in Logan have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Logan are overburdened by housing costs?

Among renter households in this market, 50 percent have housing cost burden. Further, 24 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Logan

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $895 to $1,733. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $895
One BR $971
Two BR $1,170
Three BR $1,562
Four BR $1,733
2024 Fair Market Rents in Logan, Iowa

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

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
One BR 16 100 percent
Two BR 34 77 percent
Rental Units Below FMR in Logan, Iowa

How many affordable rental units are in Logan?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
Section 8 Project-Based Rental Assistance 24
Section 811 Supportive Housing for Persons with Disabilities 10
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Logan, Iowa

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

Income Based Apartments in Logan, Iowa

Logan features 34 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 Logan, Iowa

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

Housing Choice Vouchers in Logan, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Logan, Iowa for a two-bedroom apartment is between $1,053 and $1,287.

Sourced from federal housing data and AffordableHousingOnline.com research.