Affordable Housing In Lyon County
2 Low Income Apartment Communities In Lyon County
Other Housing Authorities located in Lyon County
|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|
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.
|Rock Rapids||2||The HUD funded Public Housing Agency that serves Rock Rapids is the Rock Rapids Municipal Housing Agency.|