What HUD offices serve Miles, 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.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Miles.
How many renters live in Miles, Iowa?
The City of Miles has people living in households.
There are renters living in renter households in this City. Renters make up 12.56 percent of the population living in Miles.
What is the rental market like in Miles, Iowa?
There are an estimated housing units in the Miles area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Miles, Iowa, there are 1.03 rental units.
What is the vacancy rate for rentals in Miles?
The rental vacancy rate in Miles is 3 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 Miles for each bedroom size?
Occupied Rental Units by Size in Miles
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
0 | 20 | 12 | 1 | 3 |
Occupied Rental Units by Size in Miles
A large number of apartments in Miles have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many units are rented at Fair Market Rent (FMR) in Miles?
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 | 9 | 45 percent |
Two BR | 3 | 25 percent |
Rental Units Below FMR in Miles, Iowa
How many affordable rental units are in Miles?
There are a variety of federal affordable housing programs serving households in Miles, Iowa including the following:
Federal Program | Unit Count |
Public Housing | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Miles, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Miles, Iowa
Miles features 8 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 Miles, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Miles.
Housing Choice Vouchers in Miles, Iowa
On average, Section 8 Housing Choice vouchers pay Miles landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Miles.
The maximum amount a voucher would pay on behalf of a low-income tenant in Miles, Iowa for a two-bedroom apartment is between $776 and $948.
Sourced from federal housing data and AffordableHousingOnline.com research.