Affordable Housing In Poweshiek County
15 Low Income Apartment Communities In Poweshiek County
Other Housing Authorities located in Poweshiek County
|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 AffordableHousingOnline.com 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|
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.
|Grinnell||12||The HUD funded Public Housing Agency that serves Grinnell is the Grinnell Low Rent Housing Authority.|