What HUD offices serve Muscatine, 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 Muscatine.
How many renters live in Muscatine, Iowa?
The City of Muscatine has 23,671 people living in 9,415 households.
There are 6,293 renters living in 2,893 renter households in this City. Renters make up 26.59 percent of the population living in Muscatine.
What is the rental market like in Muscatine, Iowa?
There are an estimated 10,302 housing units in the Muscatine area. Of these, 3,165 units are rental homes, making up 31 percent of the housing market. For every renter household in Muscatine, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Muscatine?
The rental vacancy rate in Muscatine is 8 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Muscatine for each bedroom size?
Occupied Rental Units by Size in Muscatine
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 53 | 741 | 1,223 | 751 | 125 |
Occupied Rental Units by Size in Muscatine
A large number of apartments in Muscatine 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 Muscatine are overburdened by housing costs?
Among renter households in this market, 43 percent have housing cost burden. Further, 18 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 Muscatine
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $736 to $1,514. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $736 |
| One BR | $767 |
| Two BR | $1,008 |
| Three BR | $1,293 |
| Four BR | $1,514 |
2024 Fair Market Rents in Muscatine, Iowa
How many units are rented at Fair Market Rent (FMR) in Muscatine?
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 | 14 | 26 percent |
| One BR | 379 | 51 percent |
| Two BR | 750 | 61 percent |
Rental Units Below FMR in Muscatine, Iowa
How many affordable rental units are in Muscatine?
There are a variety of federal affordable housing programs serving households in Muscatine, Iowa including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 330 |
| Public Housing | 150 |
| Section 8 Project-Based Rental Assistance | 280 |
| Section 236 Rental Assistance | 5 |
| Section 811 Supportive Housing for Persons with Disabilities | 5 |
Tracked Units by Federal Program in Muscatine, Iowa
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Muscatine, Iowa
Muscatine features 451 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 Muscatine, Iowa
There are 319 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Muscatine.
Housing Choice Vouchers in Muscatine, Iowa
On average, Section 8 Housing Choice vouchers pay Muscatine landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Muscatine.
The maximum amount a voucher would pay on behalf of a low-income tenant in Muscatine, Iowa for a two-bedroom apartment is between $907 and $1,109.
Sourced from federal housing data and AffordableHousingOnline.com research.
