Affordable Housing In Webster County

11 Low Income Apartment Communities In Webster County

Wahkonsa Manor Apartments

927 Central Ave
Fort Dodge, IA

Westridge Townhomes

100 M Avenue N W
Fort Dodge, IA

Town Square Apartments

328 Central Ave
Fort Dodge, IA
HCV Welcome

Evergreen Estates I

1543 27th Ave N
Fort Dodge, IA
HCV Welcome

Mdi Ltd 62 - 627 Central Avenue

627 Central Ave
Fort Dodge, IA
HCV Welcome

Northridge Apartments

2805 6th Ave N
Fort Dodge, IA
HCV Welcome

Evergreen Estates II

1547 27th Ave N
Fort Dodge, IA
HCV Welcome

Badger Dev Corp

227 1st St SW
Badger, IA

704 14th Ave N

704 14th Ave N
Fort Dodge, IA
HCV Welcome

Deer Creek Apartments

700 S 17th St
Fort Dodge, IA

Other Housing Authorities located in Webster County

Housing Authority Programs
Fort Dodge Municipal Housing Agency Section 8 Housing Choice Voucher (HCV); Public Housing
Mid Iowa Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Webster County, Iowa

There are 11 low income housing apartment communities offering 685 affordable apartments for rent in Webster County, Iowa. Webster County features 421 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 264 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Webster County.

Sourced from federal housing data and research.

Webster County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 11
Total Low Income Apartments 685
Total Housing Units with Rental Assistance 421
Percentage of Housing Units Occupied By Renters 32.32%
Average Renter Household Size 2.10
Average Household Size 2.27
Median Household Income $42,408 ±$1,846
Median Rent $573 ±$22
Percentage Of Renters Overburdened 41.22% ± 4.75pp
Total Population 37,295

Population and Household Demographics

Webster County is a County in Iowa with a population of 37,295. There are 15,155 households in the county with an average household size of 2.27 persons. 32.32% of households in Webster County are renters.

Income and Rent Overburden in Webster County

The median gross income for households in Webster County is $42,408 a year, or $3,534 a month. The median rent for the county is $573 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Webster County, a household making less than $1,910 a month would be considered overburdened when renting an apartment at or above the median rent. 41.22% of households who rent are overburdened in Webster County.1

Area Median Income In Webster County

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.

In Webster County, HUD calculates the Area Median Income for a family of four as $60,700

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 Webster County

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 Webster County HUD Rental Assistance in Webster County

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 $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
80% of Median $38,850 $44,400 $49,950 $55,500 $59,950 $64,400 $68,850 $73,300
Low Income Housing Tax Credits in Webster County

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

From 1996 to 2008, 5 low income apartment communities containing 224 rental apartments have been constructed and made affordable to low income persons in Webster County 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 Webster County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,300 $27,800 $31,250 $34,700 $37,500 $40,300 $43,050 $45,850
60% of Median $29,160 $33,360 $37,500 $41,640 $45,000 $48,360 $51,660 $55,020

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 Webster County is $37,500 a year, or $3,125 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,125 by 30% to get a maximum rent of $938 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% $608 $651 $781 $903 $1,008 $1,111
60% $729 $782 $938 $1,083 $1,209 $1,334
Fair Market Rents in Webster County

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
$524 $528 $687 $929 $932

Cities In Webster County

Select A City to View its Apartment Communities and Waiting Lists.

City Listings Served By
Badger 1
Fort Dodge 9 The HUD funded Public Housing Agency that serves Fort Dodge is the Fort Dodge Municipal Housing Agency.
Otho 0
Duncombe 1
Lehigh 0
Dayton 0
Barnum 0
Callender 0
Clare 0
Coalville 0
Gowrie 0
Harcourt 0
Moorland 0
Vincent 0