Affordable Housing In Mills County
Iowa

8 Low Income Apartment Communities In Mills County

Hillside Village

280 Sivers Road
Glenwood, IA
Income Based
1-3 BR
Subsidized

Loess Hills Estates

711 Nuckolls St
Glenwood, IA
62+
Accessible
Elderly Supportive Housing
Subsidized

3 Points Lofts

510 Bluff Street
Glenwood, IA

Glenwood Heights Apartments

301 Ebaugh St
Glenwood, IA
HCV Welcome

Glenwood Housing 01 - 0

102 4th St
Glenwood, IA

Glenwood Housing 02 - 1

108 11th St
Glenwood, IA
Subsidized

Malvern Village

306 Lincoln Ave
Malvern, IA

Manchester Manor

500 Manchester St
Emerson, IA
Subsidized
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There are 8 low income housing apartment complexes which contain 225 affordable apartments for rent in Mills County. Many of these rental apartments are income based housing with 140 apartments that set rent based on your income. In Mills County, HUD housing programs support 36 rental assistance apartments through programs like Project-based Section 8. There are 65 other low income apartments that don't have rental assistance but are cheaper than market rate rents.

Housing Authorities that serve Mills County

Housing Authority Programs
Southern Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing

Other Housing Authorities located in Mills County

Housing Authority Programs
Malvern Low Rent Housing Agency Public Housing

Guide To Affordable Housing in Mills County, Iowa

Mills County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 8
Total Low Income Apartments 225
Total Rent Assisted Apartments 140
Percentage of Housing Units Occupied By Renters 20%
Average Renter Household Size 2.51
Total Population 14,862
Housing Units 5,399
Average Household Size 2.63
Median Household Income $63,979 ±$2,937
Median Rent $701 ±$59
Percentage Of Renters Overburdened 34.07% ± 8.55pp

Population and Household Demographics

Mills County is a County in Iowa with a population of 14,862. There are 5,399 households in the county with an average household size of 2.63 persons. 20% of households in Mills County are renters.

Income and Rent Overburden in Mills County

The median gross income for households in Mills County is $63,979 a year, or $5,332 a month. The median rent for the county is $701 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Mills County, a household making less than $2,337 a month would be considered overburdened when renting an apartment at or above the median rent. 34.07% of households who rent are overburdened in Mills County.1

Area Median Income In Mills County

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.

In Mills County, HUD calculates the Area Median Income for a family of four as $86,000

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 Mills County

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 Mills County HUD Rental Assistance in Mills County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,100 $20,650 $23,250 $25,800 $30,170 $34,590 $39,010 $43,430
50% of Median $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
80% of Median $48,200 $55,050 $61,950 $68,800 $74,350 $79,850 $85,350 $90,850
Low Income Housing Tax Credits in Mills County

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1994 to 1994, 1 low income apartment communities containing 42 rental apartments have been constructed and made affordable to low income persons in Mills County by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Mills County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $30,100 $34,400 $38,700 $43,000 $46,450 $49,900 $53,350 $56,800
60% of Median $36,120 $41,280 $46,440 $51,600 $55,740 $59,880 $64,020 $68,160

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Mills County is $46,440 a year, or $3,870 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,870 by 30% to get a maximum rent of $1,161 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $753 $806 $968 $1,118 $1,248 $1,377
60% $903 $968 $1,161 $1,342 $1,497 $1,652
Fair Market Rents in Mills County

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2019 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$623 $744 $927 $1,250 $1,383

Cities In Mills County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Glenwood 6 The HUD funded Public Housing Agency that serves Glenwood is the Southern Iowa Regional Housing Authority.
Emerson 1 The HUD funded Public Housing Agency that serves Emerson is the Southern Iowa Regional Housing Authority.
Hastings 0 The HUD funded Public Housing Agency that serves Hastings is the Southern Iowa Regional Housing Authority.
Henderson 0 The HUD funded Public Housing Agency that serves Henderson is the Southern Iowa Regional Housing Authority.
Malvern 1 The HUD funded Public Housing Agency that serves Malvern is the Southern Iowa Regional Housing Authority.
Mineola 0 The HUD funded Public Housing Agency that serves Mineola is the Southern Iowa Regional Housing Authority.
Silver City 0 The HUD funded Public Housing Agency that serves Silver City is the Southern Iowa Regional Housing Authority.
Pacific Junction 0 The HUD funded Public Housing Agency that serves Pacific Junction is the Southern Iowa Regional Housing Authority.