How many renters live in Rembrandt, Iowa?
The City of Rembrandt has 179 people living in 93 households.
There are 53 renters living in 30 renter households in this City. Renters make up 29.61 percent of the population living in Rembrandt.
What is the rental market like in Rembrandt, Iowa?
There are an estimated 104 housing units in the Rembrandt area. Of these, 34 units are rental homes, making up 33 percent of the housing market. For every renter household in Rembrandt, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Rembrandt?
The rental vacancy rate in Rembrandt is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.
How many rental units are in Rembrandt for each bedroom size?
Occupied Rental Units by Size in Rembrandt
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 3 | 17 | 9 | 1 |
Occupied Rental Units by Size in Rembrandt
A large number of apartments in Rembrandt 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 Rembrandt are overburdened by housing costs?
Among renter households in this market, 33 percent have housing cost burden. Further, 13 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 Rembrandt
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $688 to $1,212. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $688 |
| One BR | $693 |
| Two BR | $910 |
| Three BR | $1,171 |
| Four BR | $1,212 |
2024 Fair Market Rents in Rembrandt, Iowa
How many units are rented at Fair Market Rent (FMR) in Rembrandt?
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 |
| One BR | 2 | 67 percent |
| Two BR | 16 | 94 percent |
Rental Units Below FMR in Rembrandt, Iowa
How many affordable rental units are in Rembrandt?
Income Based Apartments in Rembrandt, Iowa
Rembrandt features 10 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 Rembrandt, Iowa
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rembrandt.
Housing Choice Vouchers in Rembrandt, Iowa
On average, Section 8 Housing Choice vouchers pay Rembrandt landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Rembrandt.
The maximum amount a voucher would pay on behalf of a low-income tenant in Rembrandt, Iowa for a two-bedroom apartment is between $819 and $1,001.
Sourced from federal housing data and AffordableHousingOnline.com research.
