Affordable Housing In Sioux City
Woodbury County, Iowa

42 Low Income Apartment Communities In Sioux City

Town View Apartments

400-464 W 4th St
Sioux City, IA
Income Based
2-3 BR
Subsidized

Independence Village

3640 Indian Hills Drive
Sioux City, IA
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Sanctuary Apartments

3300 W 4th Street
Sioux City, IA
Income Based
1-3 BR
HCV Welcome

Castle on the Hill

610 13th Street #76
Sioux City, IA
Income Based
1-3 BR
HCV Welcome

Call Terminal Apartments

1106 4th St
Sioux City, IA
$530-603
1-2 BR
HCV Welcome

Morningside Country Estates

1331 South Maple Street
Sioux City, IA
Income Based
1-2 BR

Centennial Manor Apartments

441 W 3rd St
Sioux City, IA
Call For Rent
1 BR
62+
Accessible
Subsidized

The Aberdeen Apartments

1121 Jackson St
Sioux City, IA
Call For Rent
1-4 BR
HCV Welcome
Market Rate

Court View Apartments

2200 Court St
Sioux City, IA
Call For Rent
2-3 BR
HCV Welcome

Morning Hills Apartments

2627 S. Rustin St
Sioux City, IA
Subsidized

Housing Authorities that serve Sioux City

Housing Authority Programs
Sioux City Housing Authority Section 8 Housing Choice Voucher (HCV)

Other Housing Authorities located in Sioux City

Housing Authority Programs
Siouxland Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Sioux City, Iowa

There are 42 low income housing apartment communities offering 2,247 affordable apartments for rent in Sioux City, Iowa. Sioux City features 994 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,093 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Sioux City.

Sourced from federal housing data and AffordableHousingOnline.com research.

Sioux City, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 42
Total Low Income Apartments 2,247
Total Housing Units with Rental Assistance 994
Percentage of Housing Units Occupied By Renters 36%
Average Renter Household Size 2.31
Average Household Size 2.56
Median Household Income $43,888 ±$1,639
Median Rent $680 ±$19
Percentage Of Renters Overburdened 45.16% ± 3.39pp
Total Population 82,792

Population and Household Demographics

Sioux City is a City in Woodbury County, Iowa with a population of 82,792. There are 31,261 households in the city with an average household size of 2.56 persons. 36% of households in Sioux City are renters.

Income and Rent Overburden in Sioux City

The median gross income for households in Sioux City is $43,888 a year, or $3,657 a month. The median rent for the city is $680 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Sioux City, a household making less than $2,267 a month would be considered overburdened when renting an apartment at or above the median rent. 45.16% of households who rent are overburdened in Sioux City.1

Area Median Income In Sioux City

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Sioux City, the AMI is calculated from all households within Woodbury County.

In Sioux City, HUD calculates the Area Median Income for a family of four as $69,500

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 Sioux City

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 Sioux City HUD Rental Assistance in Sioux City

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,600 $16,910 $21,330 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
80% of Median $38,950 $44,500 $50,050 $55,600 $60,050 $64,500 $68,950 $73,400
Low Income Housing Tax Credits in Sioux City

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1992 to 2010, 20 low income apartment communities containing 939 rental apartments have been constructed and made affordable to low income persons in Sioux City by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Sioux City

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
60% of Median $29,220 $33,360 $37,560 $41,700 $45,060 $48,420 $51,720 $55,080

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Sioux City is $37,560 a year, or $3,130 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,130 by 30% to get a maximum rent of $939 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $609 $652 $783 $904 $1,009 $1,113
60% $731 $782 $939 $1,085 $1,211 $1,335
Fair Market Rents in Sioux City

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$523 $610 $803 $1,001 $1,088