How many renters live in Mapleton, Iowa?
The City of Mapleton has 923 people living in 487 households.
There are 182 renters living in 113 renter households in this City. Renters make up 19.72 percent of the population living in Mapleton.
What is the rental market like in Mapleton, Iowa?
There are an estimated 611 housing units in the Mapleton area. Of these, 144 units are rental homes, making up 24 percent of the housing market. For every renter household in Mapleton, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Mapleton?
The rental vacancy rate in Mapleton is 22 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Mapleton for each bedroom size?
Occupied Rental Units by Size in Mapleton
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 36 | 51 | 16 | 10 |
Occupied Rental Units by Size in Mapleton
A large number of apartments in Mapleton 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 Mapleton are overburdened by housing costs?
Among renter households in this market, 52 percent have housing cost burden. Further, 17 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 Mapleton
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $652 to $1,385. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $652 |
| One BR | $656 |
| Two BR | $862 |
| Three BR | $1,042 |
| Four BR | $1,385 |
2024 Fair Market Rents in Mapleton, Iowa
How many units are rented at Fair Market Rent (FMR) in Mapleton?
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 | 27 | 75 percent |
| Two BR | 36 | 71 percent |
Rental Units Below FMR in Mapleton, Iowa
How many affordable rental units are in Mapleton?
There are a variety of federal affordable housing programs serving households in Mapleton, Iowa including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 10 |
Tracked Units by Federal Program in Mapleton, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Mapleton, Iowa
Mapleton features 10 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 Mapleton, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mapleton.
Housing Choice Vouchers in Mapleton, Iowa
On average, Section 8 Housing Choice vouchers pay Mapleton landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Mapleton.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mapleton, Iowa for a two-bedroom apartment is between $776 and $948.
Sourced from federal housing data and AffordableHousingOnline.com research.
