Low Income Apartments and Affordable Housing For Rent in Onslow, IA

Discover affordable housing in Onslow where there are 1+ 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.

Onslow Area Housing

105 1st St, Onslow, Iowa 52321

calendar_today Opened: Dec 26
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

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

What HUD offices serve Onslow, 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, Homeownership Voucher, Family Self-Sufficiency programs for Onslow, Iowa.

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

How many renters live in Onslow, Iowa?

The City of Onslow has 319 people living in 110 households.

There are 76 renters living in 26 renter households in this City. Renters make up 23.82 percent of the population living in Onslow.

What is the rental market like in Onslow, Iowa?

There are an estimated 124 housing units in the Onslow area. Of these, 30 units are rental homes, making up 24 percent of the housing market. For every renter household in Onslow, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Onslow?

The rental vacancy rate in Onslow is 13 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 Onslow for each bedroom size?

Occupied Rental Units by Size in Onslow
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 7 10 5 4
Occupied Rental Units by Size in Onslow

A large number of apartments in Onslow 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 Onslow are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 27 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 Onslow

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $584 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $584
One BR $669
Two BR $862
Three BR $1,144
Four BR $1,148
2024 Fair Market Rents in Onslow, Iowa

How many units are rented at Fair Market Rent (FMR) in Onslow?

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 7 100 percent
Two BR 8 80 percent
Rental Units Below FMR in Onslow, Iowa

How many affordable rental units are in Onslow?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 7
Tracked Units by Federal Program in Onslow, Iowa

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

Income Based Apartments in Onslow, Iowa

Onslow features 7 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 Onslow, Iowa

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

Housing Choice Vouchers in Onslow, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.