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

Discover affordable housing in Maquoketa where there are 6+ 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.

Whitetail Run

800 Myatt Dr, Maquoketa, Iowa 52060

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

River Village I & II

402 N Arcade St, Maquoketa, Iowa 52060

payment Subsidized

Heartland Apartments

1300 East Platt, Maquoketa, Iowa 52060

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

East Maquoketa Park Apartments

1016 German St, Maquoketa, Iowa 52060

payment Subsidized

Maquoketa Park Apartments

1002 German St, Maquoketa, Iowa 52060

payment Subsidized

Hurst Apartments Phase II

227 S Main St, Maquoketa, Iowa 52060

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Maquoketa, Iowa

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
calendar_today Opened: Dec 26
Open Until Further Notice
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Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Maquoketa, 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 Maquoketa, Iowa Affordable Housing ↓

What HUD offices serve Maquoketa, 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), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Maquoketa, Iowa.

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

How many renters live in Maquoketa, Iowa?

The City of Maquoketa has people living in households.

There are renters living in renter households in this City. Renters make up 26.07 percent of the population living in Maquoketa.

What is the rental market like in Maquoketa, Iowa?

There are an estimated housing units in the Maquoketa area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Maquoketa, Iowa, there are 1.09 rental units.

What is the vacancy rate for rentals in Maquoketa?

The rental vacancy rate in Maquoketa is 4 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 Maquoketa for each bedroom size?

Occupied Rental Units by Size in Maquoketa
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
6 180 354 198 20
Occupied Rental Units by Size in Maquoketa

A large number of apartments in Maquoketa have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Maquoketa

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $642 to $1,197. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $642
One BR $684
Two BR $899
Three BR $1,111
Four BR $1,197
2024 Fair Market Rents in Maquoketa, Iowa

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

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 6 100 percent
One BR 139 77 percent
Two BR 225 64 percent
Rental Units Below FMR in Maquoketa, Iowa

How many affordable rental units are in Maquoketa?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Maquoketa, Iowa

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

Income Based Apartments in Maquoketa, Iowa

Maquoketa features 138 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 Maquoketa, Iowa

There are 18 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Maquoketa.

Housing Choice Vouchers in Maquoketa, Iowa

On average, Section 8 Housing Choice vouchers pay Maquoketa landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Maquoketa.

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

Sourced from federal housing data and AffordableHousingOnline.com research.

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