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

Discover affordable housing in Van Buren County where there are 6+ 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.

Twin City Manor Inc

13961 Highway 98, Douds, Iowa 52551

Country Lane Apartments

916 Country Lane Dr, Keosauqua, Iowa 52565

Cantril Improvement Corporation

105 W 2nd Street, Cantril, Iowa

Valley View Villa

201 S 3rd St, Farmington, Iowa 52626

Birmingham Dev Corp

420 N Liberty St, Birmingham, Iowa 52535

Birmingham Dev Corp

155 W Cedar St, Birmingham, Iowa 52535

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

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

What HUD offices serve Van Buren County, 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.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Van Buren County, Iowa.

Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Van Buren County.

How many renters live in Van Buren County, Iowa?

The County of Van Buren County has 7,207 people living in 2,842 households.

There are 1,047 renters living in 472 renter households in this County. Renters make up 14.53 percent of the population living in Van Buren County.

What is the rental market like in Van Buren County, Iowa?

There are an estimated 3,509 housing units in the Van Buren County area. Of these, 500 units are rental homes, making up 14 percent of the housing market. For every renter household in Van Buren County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Van Buren County?

The rental vacancy rate in Van Buren County is 6 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 Van Buren County for each bedroom size?

Occupied Rental Units by Size in Van Buren County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
7 135 206 91 33
Occupied Rental Units by Size in Van Buren County

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

Among renter households in this market, 35 percent have housing cost burden. Further, 7 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 Van Buren County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,346. 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 $1,139
Four BR $1,346
2024 Fair Market Rents in Van Buren County, Iowa

How many units are rented at Fair Market Rent (FMR) in Van Buren 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 5 71 percent
One BR 79 59 percent
Two BR 110 53 percent
Rental Units Below FMR in Van Buren County, Iowa

How many affordable rental units are in Van Buren County?

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

Federal Program Unit Count
Public Housing 6
USDA Section 515 Rural Rental Housing 134
Tracked Units by Federal Program in Van Buren County, Iowa

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

Income Based Apartments in Van Buren County, Iowa

Van Buren County features 90 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 Van Buren County, Iowa

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Van Buren County.

Housing Choice Vouchers in Van Buren County, Iowa

On average, Section 8 Housing Choice vouchers pay Van Buren County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Van Buren County.

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

Sourced from federal housing data and AffordableHousingOnline.com research.