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Affordable Housing In Oskaloosa
Mahaska County, Iowa

12 Low Income Apartment Communities In Oskaloosa

The Reserves at Ironwood

1302/1320 Highway West
Oskaloosa, Iowa
Call For Rent
1-4 BR
Market Rate

Santa Clara Apartments

1215 Santa Clara St
Oskaloosa, Iowa

Norwich Apartments

319 N D St
Oskaloosa, Iowa

Inglenook Apartments

309 N D St
Oskaloosa, Iowa

Oskaloosa I Lp

508 S M St
Oskaloosa, Iowa

Oskaloosa Retiremnt Home Inc

1102 S 11th St
Oskaloosa, Iowa

Oskaloosa Iha Senior I

109 18th Ave E
Oskaloosa, Iowa

Greenway of Oskaloosa

1212 C Ave E
Oskaloosa, Iowa

Southern Hills I

202 18th Ave E
Oskaloosa, Iowa

Oskaloosa Park Apartments

1210 S F St
Oskaloosa, Iowa

Housing Authorities that serve Oskaloosa

Housing Authority Programs
Oskaloosa Municipal Housing Agency Section 8 Housing Choice Voucher (HCV)
Area XV Multi-County Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Oskaloosa, Iowa

There are 12 low income housing apartment communities offering 420 affordable apartments for rent in Oskaloosa, Iowa.

Income Based Apartments in Oskaloosa, Iowa

Oskaloosa features 248 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 Oskaloosa, Iowa

There are 172 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Oskaloosa.

Housing Choice Vouchers in Oskaloosa, Iowa

On average, Section 8 Housing Choice vouchers pay Oskaloosa landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Oskaloosa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Oskaloosa, Iowa for a two-bedroom apartment is between $632 and $772.

2020 Oskaloosa, 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 $508 $533 $702 $880 $964
Payment Standard Range $457 to $559 $480 to $586 $632 to $772 $792 to $968 $868 to $1,060

Sourced from federal housing data and research.

Oskaloosa, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 420
Total Housing Units with Rental Assistance 248
Percentage of Housing Units Occupied By Renters 38.3%
Average Renter Household Size 1.88
Average Household Size 2.19
Median Household Income $40,016 ±$5,078
Median Rent $584 ±$26
Percentage Of Renters Overburdened 39.4% ± 6.62pp
Total Population 11,558

Population and Household Demographics

Oskaloosa is a city in Mahaska County, Iowa with a population of 11,558. There are 4,977 households in the city with an average household size of 2.19 persons. 38.3% of households in Oskaloosa are renters.

Income and Rent Overburden in Oskaloosa

The median gross income for households in Oskaloosa is $40,016 a year, or $3,335 a month. The median rent for the city is $584 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Oskaloosa, a household making less than $1,947 a month would be considered overburdened when renting an apartment at or above the median rent. 39.4% of households who rent are overburdened in Oskaloosa.

Area Median Income In Oskaloosa

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Oskaloosa, the AMI is calculated from all households within Mahaska County.

In Oskaloosa, HUD calculates the Area Median Income for a family of four as $65,100

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 Oskaloosa

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 Oskaloosa

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $15,250 $17,400 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $25,400 $29,000 $32,650 $36,250 $39,150 $42,050 $44,950 $47,850
80% of Median $40,600 $46,400 $52,200 $58,000 $62,650 $67,300 $71,950 $76,600