Affordable Housing In Poweshiek County

15 Low Income Apartment Communities In Poweshiek County

Spaulding Lofts

827 Spring St
Grinnell, Iowa
1-2 BR
Accepts Vouchers
Market Rate

Grinnell Park

223 4th Ave West
Grinnell, Iowa

Brookside South and Pearl Street Apartments

729 Pearl St
Grinnell, Iowa
Elderly Supportive Housing

Brookside West

131 4th Ave W
Grinnell, Iowa

Poynter Apartments

412 3rd Ave
Grinnell, Iowa
Disabled Supportive Housing

Mayflower Homes Inc

506 Center St
Grinnell, Iowa

Grinnell Estates

2020 West St
Grinnell, Iowa

Brooklyn Housing

619 Jackson St
Brooklyn, Iowa

Brookside East West and Monroe Park

902 Prince St
Grinnell, Iowa

Sunny View Square

504 E Ogden St
Montezuma, Iowa

Other Housing Authorities located in Poweshiek County

Housing Authority Programs
Grinnell Low Rent Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Poweshiek County, Iowa

There are 15 low income housing apartment communities offering 966 affordable apartments for rent in Poweshiek County, Iowa.

Income Based Apartments in Poweshiek County, Iowa

Poweshiek County features 587 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 Poweshiek County, Iowa

There are 379 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Poweshiek County.

Housing Choice Vouchers in Poweshiek County, Iowa

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

Sourced from federal housing data and research.

Poweshiek County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 15
Total Low Income Apartments 966
Total Housing Units with Rental Assistance 587
Percentage of Housing Units Occupied By Renters 28.79%
Average Renter Household Size 2.08
Average Household Size 2.31
Median Household Income $51,006 ±$2,327
Median Rent $640 ±$38
Percentage Of Renters Overburdened 36.48% ± 4.88pp
Total Population 18,705

Population and Household Demographics

Poweshiek County is a County in Iowa with a population of 18,705. There are 7,351 households in the county with an average household size of 2.31 persons. 28.79% of households in Poweshiek County are renters.

Income and Rent Overburden in Poweshiek County

The median gross income for households in Poweshiek County is $51,006 a year, or $4,251 a month. The median rent for the county is $640 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Poweshiek County, a household making less than $2,133 a month would be considered overburdened when renting an apartment at or above the median rent. 36.48% of households who rent are overburdened in Poweshiek County.1

Area Median Income In Poweshiek 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 Poweshiek County, HUD calculates the Area Median Income for a family of four as $69,600

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 Poweshiek 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 Poweshiek County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,650 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,400 $27,850 $31,350 $34,800 $37,600 $40,400 $43,200 $45,950
80% of Median $39,000 $44,600 $50,150 $55,700 $60,200 $64,650 $69,100 $73,550

Cities In Poweshiek County

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

City Listings Served By
Grinnell 12 The HUD funded Public Housing Agency that serves Grinnell is the Grinnell Low Rent Housing Authority.
Deep River 1
Brooklyn 1
Searsboro 0
Malcom 0
Montezuma 1
Guernsey 0
Hartwick 0
Holiday Lake 0