Low Income Apartments and Affordable Housing For Rent in Delaware County, IA

Discover affordable housing in Delaware County where there are 7+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Nottingham Apartments

305 Maples St, Earlville, Iowa 52041

Countryside Village of Manchester

500 Line St, Manchester, Iowa 52057

Bellevue Miles Sabula

912 E Main St, Manchester, Iowa 52057

Manchester Park I and 3 Keyway Mgmt Co.

100 Ludland Dr, Manchester, Iowa 52057

Manchester Park Apartments

108 Ludland Dr, Manchester, Iowa 52057

105 Ludland Dr

105 Ludland Dr, Manchester, Iowa 52057

Dyersville Park Apartments

1101 8th St SE, Dyersville, Iowa 52040

calendar_today Opened: Dec 26
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Delaware County, Iowa
$16.33/hour
$9.08 (+125%) more than Iowa minimum wage and $9.08 (+125%) more than the Federal minimum wage.
Learn More About Delaware County, Iowa Affordable Housing ↓

What HUD offices serve Delaware County, Iowa?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Delaware County, Iowa.

Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Delaware County.

How many renters live in Delaware County, Iowa?

The County of Delaware County has 17,523 people living in 7,068 households.

There are 2,316 renters living in 1,229 renter households in this County. Renters make up 13.22 percent of the population living in Delaware County.

What is the rental market like in Delaware County, Iowa?

There are an estimated 8,107 housing units in the Delaware County area. Of these, 1,241 units are rental homes, making up 15 percent of the housing market. For every renter household in Delaware County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Delaware County?

The rental vacancy rate in Delaware County is 1 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Delaware County for each bedroom size?

Occupied Rental Units by Size in Delaware County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 392 346 332 135
Occupied Rental Units by Size in Delaware County

A large number of apartments in Delaware County 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 Delaware County are overburdened by housing costs?

Among renter households in this market, 35 percent have housing cost burden. Further, 22 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 Delaware County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,148. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $726
Two BR $862
Three BR $1,042
Four BR $1,148
2024 Fair Market Rents in Delaware County, Iowa

How many units are rented at Fair Market Rent (FMR) in Delaware County?

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 171 44 percent
Two BR 234 68 percent
Rental Units Below FMR in Delaware County, Iowa

How many affordable rental units are in Delaware County?

There are a variety of federal affordable housing programs serving households in Delaware County, Iowa including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 52
Public Housing 52
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 90
Tracked Units by Federal Program in Delaware County, Iowa

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Delaware County, Iowa

Delaware County features 243 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 Delaware County, Iowa

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Delaware County.

Housing Choice Vouchers in Delaware County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Delaware County, Iowa for a two-bedroom apartment is between $776 and $948.

Sourced from federal housing data and AffordableHousingOnline.com research.