Affordable Housing In Lyon County
Iowa

2 Low Income Apartment Communities In Lyon County

Rosewood Heights Apartments

1202 S 3rd Ave
Rock Rapids, Iowa
Subsidized

Rock Rapids

101 S Lincoln St
Rock Rapids, Iowa
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Other Housing Authorities located in Lyon County

Housing Authority Programs
Rock Rapids Municipal Housing Agency Public Housing

Guide To Affordable Housing in Lyon County, Iowa

There are 2 low income housing apartment communities offering 92 affordable apartments for rent in Lyon County, Iowa.

Income Based Apartments in Lyon County, Iowa

Lyon County features 92 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 Lyon County, Iowa

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

Housing Choice Vouchers in Lyon County, Iowa

On average, Section 8 Housing Choice vouchers pay Lyon County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Lyon County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Lyon County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 92
Total Housing Units with Rental Assistance 92
Percentage of Housing Units Occupied By Renters 17.22%
Average Renter Household Size 2.23
Average Household Size 2.57
Median Household Income $57,130 ±$2,941
Median Rent $595 ±$59
Percentage Of Renters Overburdened 18.99% ± 4.88pp
Total Population 11,723

Population and Household Demographics

Lyon County is a County in Iowa with a population of 11,723. There are 4,496 households in the county with an average household size of 2.57 persons. 17.22% of households in Lyon County are renters.

Income and Rent Overburden in Lyon County

The median gross income for households in Lyon County is $57,130 a year, or $4,761 a month. The median rent for the county is $595 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Lyon County, a household making less than $1,983 a month would be considered overburdened when renting an apartment at or above the median rent. 18.99% of households who rent are overburdened in Lyon County.1

Area Median Income In Lyon 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 Lyon County, HUD calculates the Area Median Income for a family of four as $73,900

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 Lyon 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 HUD Rental Assistance in Lyon County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,550 $17,750 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $25,900 $29,600 $33,300 $36,950 $39,950 $42,900 $45,850 $48,800
80% of Median $41,400 $47,300 $53,200 $59,100 $63,850 $68,600 $73,300 $78,050

Cities In Lyon County

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

City Listings Served By
Rock Rapids 2 The HUD funded Public Housing Agency that serves Rock Rapids is the Rock Rapids Municipal Housing Agency.
George 0
Inwood 0
Larchwood 0
Lester 0
Little Rock 0
Alvord 0
Doon 0