Affordable Housing In Pocahontas County

2 Low Income Apartment Communities In Pocahontas County

Pocahontas Homes Inc 02 - 2

50 Court Sq
Pocahontas, IA

Pocahontas Homes Inc 03 - 4

401 N Main St
Pocahontas, IA
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Guide To Affordable Housing in Pocahontas County, Iowa

There are 2 low income housing apartment communities offering 50 affordable apartments for rent in Pocahontas County, Iowa.

Income Based Apartments in Pocahontas County, Iowa

Pocahontas County features 18 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 Pocahontas County, Iowa

There are 32 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pocahontas County.

Housing Choice Vouchers in Pocahontas County, Iowa

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

Sourced from federal housing data and research.

Pocahontas County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 50
Total Housing Units with Rental Assistance 18
Percentage of Housing Units Occupied By Renters 22.71%
Average Renter Household Size 2.00
Average Household Size 2.18
Median Household Income $45,069 ±$2,595
Median Rent $532 ±$29
Percentage Of Renters Overburdened 22.04% ± 5.68pp
Total Population 7,127

Population and Household Demographics

Pocahontas County is a County in Iowa with a population of 7,127. There are 3,197 households in the county with an average household size of 2.18 persons. 22.71% of households in Pocahontas County are renters.

Income and Rent Overburden in Pocahontas County

The median gross income for households in Pocahontas County is $45,069 a year, or $3,756 a month. The median rent for the county is $532 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pocahontas County, a household making less than $1,773 a month would be considered overburdened when renting an apartment at or above the median rent. 22.04% of households who rent are overburdened in Pocahontas County.1

Area Median Income In Pocahontas County

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.

In Pocahontas County, HUD calculates the Area Median Income for a family of four as $65,200

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 Pocahontas County

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 Pocahontas County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% of Median $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300

Cities In Pocahontas County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Pocahontas 2
Laurens 0
Fonda 0
Havelock 0
Varina 0
Palmer 0
Plover 0
Rolfe 0