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

Discover affordable housing in Keokuk County where there are 13+ 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.

Stone Ridge

305 Fair Meadow Dr # Dr.5 , Webster City, Iowa 50595

What Cheer Housing Dev Inc

305 E Washington St, What Cheer, Iowa 50268

Hedrick Housing Inc

510 N Main St, Hedrick, Iowa 52563

Delta Community Housing

200 E 3rd St, Delta, Iowa 52550

Prairieview Manor Apartments

1749 Lynx Ave, Webster City, Iowa 50595

Elm Street Home

511 Elm St, Webster City, Iowa 50595

Clearview Manor Apartments

1515 Wall St, Webster City, Iowa 50595

Park Place Apartments

1000 S Stuart St, Sigourney, Iowa 52591

Hamilton Knolls, Lp - 2304 Dsm Street

2304 Des Moines St, Webster City, Iowa 50595

Kerr Apartments

304 Davis Street, South English, Iowa

Cypress Village

303 Stroup Street, Richland, Iowa

Country Meadows, Inc

900 Harding Ct, Webster City, Iowa 50595

Lantern Grove Apartments

1603 Collins St, Webster City, Iowa 50595

Open Until Further Notice

Reported On February 23rd, 2024 by Vanea Gardner

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Keokuk County, Iowa
$16.61/hour
$9.36 (+129%) more than Iowa minimum wage and $9.36 (+129%) more than the Federal minimum wage.
Learn More About Keokuk County, Iowa Affordable Housing ↓

What HUD offices serve Keokuk 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 programs for Keokuk County, Iowa.

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

How many renters live in Keokuk County, Iowa?

The County of Keokuk County has 10,026 people living in 4,085 households.

There are 1,910 renters living in 879 renter households in this County. Renters make up 19.05 percent of the population living in Keokuk County.

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

There are an estimated 4,668 housing units in the Keokuk County area. Of these, 910 units are rental homes, making up 19 percent of the housing market. For every renter household in Keokuk County, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Keokuk County?

The rental vacancy rate in Keokuk County is 3 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 Keokuk County for each bedroom size?

Occupied Rental Units by Size in Keokuk County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
17 172 348 192 103
Occupied Rental Units by Size in Keokuk County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 21 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 Keokuk County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $641 to $1,168. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $641
One BR $708
Two BR $877
Three BR $1,101
Four BR $1,168
2024 Fair Market Rents in Keokuk County, Iowa

How many units are rented at Fair Market Rent (FMR) in Keokuk 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
Studio 10 59 percent
One BR 105 61 percent
Two BR 213 61 percent
Rental Units Below FMR in Keokuk County, Iowa

How many affordable rental units are in Keokuk County?

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

Federal Program Unit Count
Public Housing 25
Section 8 Project-Based Rental Assistance 8
USDA Section 515 Rural Rental Housing 85
Tracked Units by Federal Program in Keokuk County, Iowa

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

Income Based Apartments in Keokuk County, Iowa

Keokuk County features 138 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 Keokuk County, Iowa

There are 44 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Keokuk County.

Housing Choice Vouchers in Keokuk County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Keokuk County, Iowa for a two-bedroom apartment is between $789 and $965.

Sourced from federal housing data and AffordableHousingOnline.com research.