Low Income Apartments and Affordable Housing For Rent in Cherokee County, IA

Discover affordable housing in Cherokee County where there are 5+ 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.

Ridgeview Village Sirha

1025 N Roosevelt Ave, Cherokee, Iowa 51012

Willowbrook Apartments

925 Jeffries St, Cherokee, Iowa 51012

Autumn Park Apartments ~ Cherokee

1003 E Ridgeview Dr, Cherokee, Iowa 51012

Aurelia Housing Corp. - 216 Walnut

216 Walnut St, Aurelia, Iowa 51005

Lewis Apartments

231 W Main St, Cherokee, Iowa 51012

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

How many renters live in Cherokee County, Iowa?

The County of Cherokee County has 11,601 people living in 5,143 households.

There are 2,769 renters living in 1,333 renter households in this County. Renters make up 23.87 percent of the population living in Cherokee County.

What is the rental market like in Cherokee County, Iowa?

There are an estimated 5,553 housing units in the Cherokee County area. Of these, 1,355 units are rental homes, making up 24 percent of the housing market. For every renter household in Cherokee County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Cherokee County?

The rental vacancy rate in Cherokee County is 1 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 Cherokee County for each bedroom size?

Occupied Rental Units by Size in Cherokee County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
49 287 507 253 188
Occupied Rental Units by Size in Cherokee County

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

Among renter households in this market, 33 percent have housing cost burden. Further, 22 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 Cherokee County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,463. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $768
Two BR $862
Three BR $1,215
Four BR $1,463
2024 Fair Market Rents in Cherokee County, Iowa

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

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 22 45 percent
One BR 266 93 percent
Two BR 333 66 percent
Rental Units Below FMR in Cherokee County, Iowa

How many affordable rental units are in Cherokee County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 44
Section 8 Project-Based Rental Assistance 62
USDA Section 515 Rural Rental Housing 57
Tracked Units by Federal Program in Cherokee County, Iowa

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

Income Based Apartments in Cherokee County, Iowa

Cherokee County features 119 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 Cherokee County, Iowa

There are 20 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cherokee County.

Housing Choice Vouchers in Cherokee County, Iowa

On average, Section 8 Housing Choice vouchers pay Cherokee County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Cherokee County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.