Affordable Housing In Mills County
8 Low Income Apartment Communities In Mills County
Housing Authorities that serve Mills County
|Southern Iowa Regional Housing Authority||Section 8 Housing Choice Voucher (HCV); Public Housing|
Guide To Affordable Housing in Mills County, Iowa
There are 8 low income housing apartment communities offering 225 affordable apartments for rent in Mills County, Iowa.
Income Based Apartments in Mills County, Iowa
Mills County features 140 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 Mills County, Iowa
There are 65 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mills County.
Housing Choice Vouchers in Mills County, Iowa
On average, Section 8 Housing Choice vouchers pay Mills County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Mills County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Mills County, Iowa for a two-bedroom apartment is between $851 and $1,041.
2020 Mills County, 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||$650||$762||$946||$1,272||$1,419|
|Payment Standard Range||$585 to $715||$686 to $838||$851 to $1,041||$1,145 to $1,399||$1,277 to $1,561|
Sourced from federal housing data and AffordableHousingOnline.com research.
Mills County, IA Affordable Housing Snapshot
|Total Affordable Apartment Properties||8|
|Total Low Income Apartments||225|
|Total Housing Units with Rental Assistance||140|
|Percentage of Housing Units Occupied By Renters||20%|
|Average Renter Household Size||2.51|
|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.
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 $87,000
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 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||$18,300||$20,900||$23,500||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$30,450||$34,800||$39,150||$43,500||$47,000||$50,500||$53,950||$57,450|
|80% of Median||$48,750||$55,700||$62,650||$69,600||$75,200||$80,750||$86,350||$91,900|
Cities In Mills County
Select A City to View its Apartment Communities and Waiting Lists.
|Emerson||The HUD funded Public Housing Agency that serves Emerson is the Southern Iowa Regional Housing Authority.|
|Glenwood||The HUD funded Public Housing Agency that serves Glenwood is the Southern Iowa Regional Housing Authority.|
|Hastings||The HUD funded Public Housing Agency that serves Hastings is the Southern Iowa Regional Housing Authority.|
|Henderson||The HUD funded Public Housing Agency that serves Henderson is the Southern Iowa Regional Housing Authority.|
|Malvern||The HUD funded Public Housing Agency that serves Malvern is the Southern Iowa Regional Housing Authority.|
|Mineola||The HUD funded Public Housing Agency that serves Mineola is the Southern Iowa Regional Housing Authority.|
|Pacific Junction||The HUD funded Public Housing Agency that serves Pacific Junction is the Southern Iowa Regional Housing Authority.|
|Silver City||The HUD funded Public Housing Agency that serves Silver City is the Southern Iowa Regional Housing Authority.|