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

Discover affordable housing in Manning 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.

Warren H. Timmerman Apartments

800 3rd St, Manning, Iowa 51455

Terrace Apartments

421 Center St, Manning, Iowa 51455

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Manning, Iowa
$16.33/hour
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Manning, Iowa Affordable Housing ↓

What HUD offices serve Manning, 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 Manning, Iowa.

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

How many renters live in Manning, Iowa?

The City of Manning has 1,444 people living in 719 households.

There are 193 renters living in 133 renter households in this City. Renters make up 13.37 percent of the population living in Manning.

What is the rental market like in Manning, Iowa?

There are an estimated 779 housing units in the Manning area. Of these, 156 units are rental homes, making up 20 percent of the housing market. For every renter household in Manning, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Manning?

The rental vacancy rate in Manning 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 Manning for each bedroom size?

Occupied Rental Units by Size in Manning
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
3 54 53 14 9
Occupied Rental Units by Size in Manning

A large number of apartments in Manning 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 Manning are overburdened by housing costs?

Among renter households in this market, 34 percent have housing cost burden. Further, 13 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 Manning

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $586 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $586
One BR $656
Two BR $862
Three BR $1,119
Four BR $1,148
2024 Fair Market Rents in Manning, Iowa

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

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
Studio 3 100 percent
One BR 50 93 percent
Two BR 29 55 percent
Rental Units Below FMR in Manning, Iowa

How many affordable rental units are in Manning?

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

Federal Program Unit Count
Public Housing 29
Section 202 Supportive Housing for the Elderly 6
Tracked Units by Federal Program in Manning, Iowa

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

Income Based Apartments in Manning, Iowa

Manning features 35 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 Manning, Iowa

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

Housing Choice Vouchers in Manning, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Manning, Iowa for a two-bedroom apartment is between $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.