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

Discover affordable housing in Humboldt County where there are 5+ 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.

Humboldt Workshop Se Project

801 11th Avenue N, Humboldt, Iowa 50548

Ivy Apartments

210 9th St N, Humboldt, Iowa 50548

Humboldt Homes Ltd

1107 19th St. N, Humboldt, Iowa

Gilmore City Housing

104 SE 4th St, Gilmore City, Iowa 50541

Humboldt I, Lp

1708 Wildcat Rd, Humboldt, Iowa 50548

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

How many renters live in Humboldt County, Iowa?

The County of Humboldt County has 9,606 people living in 4,213 households.

There are 2,176 renters living in 1,087 renter households in this County. Renters make up 22.65 percent of the population living in Humboldt County.

What is the rental market like in Humboldt County, Iowa?

There are an estimated 4,571 housing units in the Humboldt County area. Of these, 1,130 units are rental homes, making up 25 percent of the housing market. For every renter household in Humboldt County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Humboldt County?

The rental vacancy rate in Humboldt County is 4 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 Humboldt County for each bedroom size?

Occupied Rental Units by Size in Humboldt County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
20 253 442 178 138
Occupied Rental Units by Size in Humboldt County

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

Among renter households in this market, 21 percent have housing cost burden. Further, 16 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 Humboldt County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,224. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $701
Two BR $862
Three BR $1,215
Four BR $1,224
2024 Fair Market Rents in Humboldt County, Iowa

How many units are rented at Fair Market Rent (FMR) in Humboldt 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 19 95 percent
One BR 169 67 percent
Two BR 324 73 percent
Rental Units Below FMR in Humboldt County, Iowa

How many affordable rental units are in Humboldt County?

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

Federal Program Unit Count
Low Income Housing Tax Credit 51
USDA Section 515 Rural Rental Housing 135
Tracked Units by Federal Program in Humboldt County, Iowa

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

Income Based Apartments in Humboldt County, Iowa

Humboldt County features 135 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 Humboldt County, Iowa

There are 26 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Humboldt County.

Housing Choice Vouchers in Humboldt County, Iowa

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.