Low Income Apartments and Affordable Housing For Rent in Sioux City, IA

Discover affordable housing in Sioux City where there are 40+ 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.

Town View Apartments

400-464 W 4th St , Sioux City, Iowa 51103

Centennial Manor Apartments

441 W 3rd St, Sioux City, Iowa 51103

Pheasant Acres

3640 Indian Hills Drive, Sioux City, Iowa 51104

Pheasant Acres

308 East Corning Street, Sioux City, Iowa 51566

Everett School Apartments

1314 W 3rd , Sioux City, Iowa 51104

Hillside Park ~ Sioux City

2800 W 4th St, Sioux City, Iowa 51103

Hearthstone Apartments

2301 W 19th St, Sioux City, Iowa 51103

Evergreen Terrace

1600 W 24th St, Sioux City, Iowa 51103

Martin Towers on the Mall

410 Pierce St, Sioux City, Iowa 51101

Shire Apartments

4236 Hickory Ln, Sioux City, Iowa 51106

Riverside Gardens

715 Bruner Ave, Sioux City, Iowa 51109

Fairmount Park Senior Housing

210 S Fairmount St, Sioux City, Iowa 51106

Sanctuary Apartments

3300 W 4th Street, Sioux City, Iowa 51103

The Aberdeen Apartments

1121 Jackson St, Sioux City, Iowa 51105

Court View Apartments

2200 Court St, Sioux City, Iowa 51104

Call Terminal Apartments

1106 4th St, Sioux City, Iowa 51101

Southview Apartments

2728 S Helen St, Sioux City, Iowa 51106

Morning Hills Apartments

2627 S Rustin St, Sioux City, Iowa 51106

Century II

515 Court St, Sioux City, Iowa 51101

Woodbury Park Apartments

419 S Irene St #429, Sioux City, Iowa 51106

Open Until Further Notice

Reported On February 23rd, 2024 by Chris Madden

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Sioux City, Iowa
$19.13/hour
$11.88 (+164%) more than Iowa minimum wage and $11.88 (+164%) more than the Federal minimum wage.
Learn More About Sioux City, Iowa Affordable Housing ↓

What HUD offices serve Sioux City, 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) programs for Sioux City, Iowa.

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

How many renters live in Sioux City, Iowa?

The City of Sioux City has 83,215 people living in 33,053 households.

There are 28,134 renters living in 11,868 renter households in this City. Renters make up 33.81 percent of the population living in Sioux City.

What is the rental market like in Sioux City, Iowa?

There are an estimated 34,422 housing units in the Sioux City area. Of these, 11,927 units are rental homes, making up 35 percent of the housing market. For every renter household in Sioux City, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Sioux City?

The rental vacancy rate in Sioux City is 5 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 Sioux City for each bedroom size?

Occupied Rental Units by Size in Sioux City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
453 4,163 4,145 2,767 256
Occupied Rental Units by Size in Sioux City

A large number of apartments in Sioux City 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 Sioux City are overburdened by housing costs?

Among renter households in this market, 36 percent have housing cost burden. Further, 20 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 Sioux City

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $685 to $1,345. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $685
One BR $780
Two BR $1,010
Three BR $1,228
Four BR $1,345
2024 Fair Market Rents in Sioux City, Iowa

How many units are rented at Fair Market Rent (FMR) in Sioux City?

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
Studio 174 38 percent
One BR 1,364 33 percent
Two BR 2,472 60 percent
Rental Units Below FMR in Sioux City, Iowa

How many affordable rental units are in Sioux City?

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

Federal Program Unit Count
Low Income Housing Tax Credit 1,147
Section 8 Project-Based Rental Assistance 827
Section 202 Supportive Housing for the Elderly 159
Tracked Units by Federal Program in Sioux City, Iowa

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

Income Based Apartments in Sioux City, Iowa

Sioux City features 1,040 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 Sioux City, Iowa

There are 951 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Sioux City.

Housing Choice Vouchers in Sioux City, Iowa

On average, Section 8 Housing Choice vouchers pay Sioux City landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Sioux City.

The maximum amount a voucher would pay on behalf of a low-income tenant in Sioux City, Iowa for a two-bedroom apartment is between $909 and $1,111.

Sourced from federal housing data and AffordableHousingOnline.com research.