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Affordable Housing In Polk County
Iowa

167 Low Income Apartment Communities In Polk County

Hawthorn Hill

921 Pleasant St
Des Moines, Iowa
Call For Rent
1-3 BR

South View Senior Apartments

504 E Hillside Ave
Des Moines, Iowa
Call For Rent
1-2 BR
55+

Logan Park Apartments

1731 Cleveland Avenue
Des Moines, Iowa
Income Based
1 BR
Subsidized

Meadow Vista Senior Villas

1806 28th Ave SW
Altoona, Iowa
$553-670
2 BR
55+

Stewart Park Apartments

1401 E Capitol Ave
Des Moines, Iowa
$650
2 BR

Chapel Ridge - Johnston

6200 Clark Lane
Johnston, Iowa
$840-1,115
2-3 BR
Market Rate

The Edge at Gray's Landing

406 Southwest 9th Street
Des Moines, Iowa
Accessible
Market Rate

The Brickstones at Riverbend

513 Forest Ave
Des Moines, Iowa
Call For Rent
2 BR
Market Rate

Villas at Meadow Springs

710 S Ankeny Blvd
Ankeny, Iowa
Call For Rent
1-2 BR
Market Rate
55+

Vine Street Lofts

101 2nd Ave
Des Moines, Iowa

Housing Authorities that serve Polk County

Housing Authority Programs
Des Moines Municipal Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing

Guide To Affordable Housing in Polk County, Iowa

There are 167 low income housing apartment communities offering 9,230 affordable apartments for rent in Polk County, Iowa.

Income Based Apartments in Polk County, Iowa

Polk County features 2,611 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 Polk County, Iowa

There are 6,104 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Polk County.

Housing Choice Vouchers in Polk County, Iowa

On average, Section 8 Housing Choice vouchers pay Polk County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Polk County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Polk County, Iowa for a two-bedroom apartment is between $810 and $990.

2020 Polk County, 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 $603 $730 $900 $1,215 $1,323
Payment Standard Range $543 to $663 $657 to $803 $810 to $990 $1,094 to $1,337 $1,191 to $1,455

Sourced from federal housing data and AffordableHousingOnline.com research.

Polk County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 167
Total Low Income Apartments 9,230
Total Housing Units with Rental Assistance 2,611
Percentage of Housing Units Occupied By Renters 32.42%
Average Renter Household Size 2.23
Average Household Size 2.50
Median Household Income $60,061 ±$876
Median Rent $799 ±$10
Percentage Of Renters Overburdened 43.1% ± 1.9pp
Total Population 452,369

Population and Household Demographics

Polk County is a county in Iowa with a population of 452,369. There are 177,049 households in the county with an average household size of 2.50 persons. 32.42% of households in Polk County are renters.

Income and Rent Overburden in Polk County

The median gross income for households in Polk County is $60,061 a year, or $5,005 a month. The median rent for the county is $799 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Polk County, a household making less than $2,663 a month would be considered overburdened when renting an apartment at or above the median rent. 43.1% of households who rent are overburdened in Polk County.

Area Median Income In Polk 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 Polk County, HUD calculates the Area Median Income for a family of four as $89,200

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 Polk 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 Polk County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $18,750 $21,400 $24,100 $26,750 $30,680 $35,160 $39,640 $44,120
50% of Median $31,250 $35,700 $40,150 $44,600 $48,200 $51,750 $55,350 $58,900
80% of Median $49,950 $57,100 $64,250 $71,350 $77,100 $82,800 $88,500 $94,200

Cities In Polk County

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

City Served By
Alleman The HUD funded Public Housing Agency that serves Alleman is the Des Moines Municipal Housing Agency.
Altoona The HUD funded Public Housing Agency that serves Altoona is the Des Moines Municipal Housing Agency.
Ankeny The HUD funded Public Housing Agency that serves Ankeny is the Des Moines Municipal Housing Agency.
Bondurant The HUD funded Public Housing Agency that serves Bondurant is the Des Moines Municipal Housing Agency.
Carlisle The HUD funded Public Housing Agency that serves Carlisle is the Des Moines Municipal Housing Agency.
Des Moines The HUD funded Public Housing Agency that serves Des Moines is the Des Moines Municipal Housing Agency.
Elkhart The HUD funded Public Housing Agency that serves Elkhart is the Des Moines Municipal Housing Agency.
Johnston The HUD funded Public Housing Agency that serves Johnston is the Des Moines Municipal Housing Agency.
Norwalk The HUD funded Public Housing Agency that serves Norwalk is the Des Moines Municipal Housing Agency.
Pleasant Hill The HUD funded Public Housing Agency that serves Pleasant Hill is the Des Moines Municipal Housing Agency.
Polk City The HUD funded Public Housing Agency that serves Polk City is the Des Moines Municipal Housing Agency.
Runnells The HUD funded Public Housing Agency that serves Runnells is the Des Moines Municipal Housing Agency.
Saylorville The HUD funded Public Housing Agency that serves Saylorville is the Des Moines Municipal Housing Agency.
Windsor Heights The HUD funded Public Housing Agency that serves Windsor Heights is the Des Moines Municipal Housing Agency.