Affordable Housing In Mahaska County
Iowa

15 Low Income Apartment Communities In Mahaska County

The Reserves at Ironwood

1302/1320 Highway West
Oskaloosa, IA
Call For Rent
1-4 BR
HCV Welcome
Market Rate

Santa Clara Apartments

1215 Santa Clara St
Oskaloosa, IA
Subsidized

Norwich Apartments

319 N D St
Oskaloosa, IA
Subsidized

Inglenook Apartments

309 N D St
Oskaloosa, IA
Subsidized

Pleasant Home Inc

325 Pine St
Barnes City, IA
Subsidized

Oskaloosa I Lp

508 S M St
Oskaloosa, IA
HCV Welcome

Pleasant Valley Manor

301 N 2nd St
Eddyville, IA

Leighton Leisure Living Inc

319 Jackson St
Leighton, IA

Oskaloosa Retiremnt Home Inc

1102 S 11th St
Oskaloosa, IA
Subsidized

Oskaloosa Iha Senior I

109 18th Ave E
Oskaloosa, IA
HCV Welcome

Housing Authorities that serve Mahaska County

Housing Authority Programs
Area XV Multi-County Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Mahaska County

Housing Authority Programs
Oskaloosa Municipal Housing Agency Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Mahaska County, Iowa

There are 15 low income housing apartment communities offering 580 affordable apartments for rent in Mahaska County, Iowa. Mahaska County features 284 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 296 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Mahaska County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Mahaska County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 580
Total Housing Units with Rental Assistance 284
Percentage of Housing Units Occupied By Renters 29.74%
Average Renter Household Size 2.02
Average Household Size 2.41
Median Household Income $48,726 ±$3,067
Median Rent $593 ±$23
Percentage Of Renters Overburdened 34.33% ± 4.93pp
Total Population 22,396

Population and Household Demographics

Mahaska County is a County in Iowa with a population of 22,396. There are 9,023 households in the county with an average household size of 2.41 persons. 29.74% of households in Mahaska County are renters.

Income and Rent Overburden in Mahaska County

The median gross income for households in Mahaska County is $48,726 a year, or $4,061 a month. The median rent for the county is $593 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mahaska County, a household making less than $1,977 a month would be considered overburdened when renting an apartment at or above the median rent. 34.33% of households who rent are overburdened in Mahaska County.1

Area Median Income In Mahaska 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 Mahaska County, HUD calculates the Area Median Income for a family of four as $60,500

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 Mahaska 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 Mahaska County HUD Rental Assistance in Mahaska County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% of Median $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300
Low Income Housing Tax Credits in Mahaska County

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

From 1989 to 2009, 6 low income apartment communities containing 224 rental apartments have been constructed and made affordable to low income persons in Mahaska 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 Mahaska County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
60% of Median $29,160 $33,360 $37,500 $41,640 $45,000 $48,360 $51,660 $55,020

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 Mahaska County is $37,500 a year, or $3,125 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,125 by 30% to get a maximum rent of $938 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% $608 $651 $781 $903 $1,008 $1,111
60% $729 $782 $938 $1,083 $1,209 $1,334
Fair Market Rents in Mahaska 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
$508 $533 $702 $880 $964

Cities In Mahaska County

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

City Listings Served By
Oskaloosa 12 The HUD funded Public Housing Agency that serves Oskaloosa is the Oskaloosa Municipal Housing Agency.
New Sharon 0 The HUD funded Public Housing Agency that serves New Sharon is the Area XV Multi-County Housing Agency.
Barnes City 1 The HUD funded Public Housing Agency that serves Barnes City is the Area XV Multi-County Housing Agency.
Leighton 1 The HUD funded Public Housing Agency that serves Leighton is the Area XV Multi-County Housing Agency.
Eddyville 1 The HUD funded Public Housing Agency that serves Eddyville is the Area XV Multi-County Housing Agency.
Beacon 0 The HUD funded Public Housing Agency that serves Beacon is the Area XV Multi-County Housing Agency.
Fremont 0 The HUD funded Public Housing Agency that serves Fremont is the Area XV Multi-County Housing Agency.
Rose Hill 0 The HUD funded Public Housing Agency that serves Rose Hill is the Area XV Multi-County Housing Agency.
University Park 0 The HUD funded Public Housing Agency that serves University Park is the Area XV Multi-County Housing Agency.
Keomah Village 0 The HUD funded Public Housing Agency that serves Keomah Village is the Area XV Multi-County Housing Agency.