Affordable Housing In Marion
Linn County, Iowa

11 Low Income Apartment Communities In Marion

Chapel Ridge - Marion

1 Chapel Ridge Circle
Marion, IA
Call For Rent
1-4 BR
Market Rate

Blairs Ferry Senior Apartments

830 Blairs Ferry Rd
Marion, IA
Call For Rent
1-2 BR
Accepts Vouchers
55+

The Arbor at Lindale Trail

1362 Blairs Ferry Rd
Marion, IA
Call For Rent
1-2 BR
Accepts Vouchers

Oak Village Senior Residences

101 S 11th St
Marion, IA
Subsidized

Trinity Pointe

2175 Bison Ct
Marion, IA
Subsidized
62+
Accessible
Elderly Supportive Housing

Moundview Manor

2501 Highway 13
Marion, IA
Subsidized
62+
Accessible
Elderly Supportive Housing

Chapel Ridge of Marion"karan wrong"

2 Chapelridge Circle
Marion, IA
Accepts Vouchers

Hilltop Manor

439 Lindale Dr
Marion, IA
Subsidized
62+
Accessible
Elderly Supportive Housing

Scott Meadows Senior Housing - 2511 Hwy 13

2511 Highway 13
Marion, IA
Accepts Vouchers

Lynnwood Apartments

3920 Highway 151
Marion, IA
Accepts Vouchers

Housing Authorities that serve Marion

Housing Authority Programs
Cedar Rapids Housing Services Division Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Marion, Iowa

There are 11 low income housing apartment communities offering 815 affordable apartments for rent in Marion, Iowa.

Income Based Apartments in Marion, Iowa

Marion features 180 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 Marion, Iowa

There are 435 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Marion.

Housing Choice Vouchers in Marion, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Marion, Iowa for a two-bedroom apartment is between $699 and $855.

2020 Marion, Iowa Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $506 $590 $777 $1,104 $1,221
Payment Standard Range $455 to $557 $531 to $649 $699 to $855 $994 to $1,214 $1,099 to $1,343

Sourced from federal housing data and AffordableHousingOnline.com research.

Marion, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 815
Total Housing Units with Rental Assistance 180
Percentage of Housing Units Occupied By Renters 23.62%
Average Renter Household Size 2.02
Average Household Size 2.44
Median Household Income $64,527 ±$2,555
Median Rent $659 ±$57
Percentage Of Renters Overburdened 39.44% ± 7.47pp
Total Population 36,311

Population and Household Demographics

Marion is a City in Linn County, Iowa with a population of 36,311. There are 14,738 households in the city with an average household size of 2.44 persons. 23.62% of households in Marion are renters.

Income and Rent Overburden in Marion

The median gross income for households in Marion is $64,527 a year, or $5,377 a month. The median rent for the city is $659 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Marion, a household making less than $2,197 a month would be considered overburdened when renting an apartment at or above the median rent. 39.44% of households who rent are overburdened in Marion.1

Area Median Income In Marion

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Marion, the AMI is calculated from all households within Linn County.

In Marion, HUD calculates the Area Median Income for a family of four as $89,300

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 Marion

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 Marion HUD Rental Assistance in Marion

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,800 $21,450 $24,150 $26,800 $30,170 $34,590 $39,010 $43,430
50% of Median $31,300 $35,750 $40,200 $44,650 $48,250 $51,800 $55,400 $58,950
80% of Median $50,050 $57,200 $64,350 $71,450 $77,200 $82,900 $88,600 $94,350