What HUD offices serve Webster 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.
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Webster City.
How many renters live in Webster City, Iowa?
The City of Webster City has 145 people living in 57 households.
There are 17 renters living in 5 renter households in this City. Renters make up 11.72 percent of the population living in Webster City.
What is the rental market like in Webster City, Iowa?
There are an estimated 65 housing units in the Webster City area. Of these, 5 units are rental homes, making up 8 percent of the housing market. For every renter household in Webster City, Iowa, there are 1 rental units.
What is the vacancy rate for rentals in Webster City?
The rental vacancy rate in Webster City is 0 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 Webster City for each bedroom size?
Occupied Rental Units by Size in Webster City
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 0 | 0 | 5 | 0 | 0 |
Occupied Rental Units by Size in Webster City
A large number of apartments in Webster 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 Webster City are overburdened by housing costs?
Among renter households in this market, 60 percent have housing cost burden. Further, 0 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 Webster City
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 Webster City, Iowa
How many units are rented at Fair Market Rent (FMR) in Webster 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 |
| Two BR | 4 | 80 percent |
Rental Units Below FMR in Webster City, Iowa
How many affordable rental units are in Webster City?
Income Based Apartments in Webster City, Iowa
Webster City features 53 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 Webster City, Iowa
There are 44 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Webster City.
Housing Choice Vouchers in Webster City, Iowa
On average, Section 8 Housing Choice vouchers pay Webster City landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Webster City.
The maximum amount a voucher would pay on behalf of a low-income tenant in Webster City, Iowa for a two-bedroom apartment is between $789 and $965.
Sourced from federal housing data and AffordableHousingOnline.com research.
