Low Income Apartments and Affordable Housing For Rent in Tabor, IA

Discover affordable housing in Tabor where there are 2+ 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.

Tabor Dev Corp

623 Main St, Tabor, Iowa 51653

Valley View Villa

204 W Orange St, Tabor, Iowa 51653

Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Tabor, 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 Tabor, Iowa Affordable Housing ↓

What HUD offices serve Tabor, 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 Public Housing programs for Tabor, Iowa.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Tabor, Iowa.

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

How many renters live in Tabor, Iowa?

The City of Tabor has 997 people living in 371 households.

There are 222 renters living in 84 renter households in this City. Renters make up 22.27 percent of the population living in Tabor.

What is the rental market like in Tabor, Iowa?

There are an estimated 417 housing units in the Tabor area. Of these, 93 units are rental homes, making up 22 percent of the housing market. For every renter household in Tabor, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Tabor?

The rental vacancy rate in Tabor is 10 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 Tabor for each bedroom size?

Occupied Rental Units by Size in Tabor
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
9 20 19 24 12
Occupied Rental Units by Size in Tabor

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

Among renter households in this market, 31 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 Tabor

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $630 to $1,328. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $630
One BR $656
Two BR $862
Three BR $1,181
Four BR $1,328
2024 Fair Market Rents in Tabor, Iowa

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

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 3 33 percent
One BR 11 55 percent
Two BR 16 84 percent
Rental Units Below FMR in Tabor, Iowa

How many affordable rental units are in Tabor?

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

Federal Program Unit Count
Public Housing 20
Tracked Units by Federal Program in Tabor, Iowa

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

Income Based Apartments in Tabor, Iowa

Tabor features 29 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 Tabor, Iowa

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Tabor.

Housing Choice Vouchers in Tabor, Iowa

On average, Section 8 Housing Choice vouchers pay Tabor landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Tabor.

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

Sourced from federal housing data and AffordableHousingOnline.com research.