Low Income Apartments and Affordable Housing For Rent in West Liberty, IA

Discover affordable housing in West Liberty where there are 4+ 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.

Sunnyview Manor

201 N Walnut St, West Liberty, Iowa 52776

Golden Years Housing 02

502 N Clark St, West Liberty, Iowa 52776

Golden Years Housing 0i

208 N Clark St, West Liberty, Iowa 52776

Fairview Manor

503 N Clark St, West Liberty, Iowa 52776

calendar_today Opened: Nov 1
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 West Liberty, Iowa
$19.09/hour
$11.84 (+163%) more than Iowa minimum wage and $11.84 (+163%) more than the Federal minimum wage.
Learn More About West Liberty, Iowa Affordable Housing ↓

What HUD offices serve West Liberty, 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 West Liberty, Iowa.

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

How many renters live in West Liberty, Iowa?

The City of West Liberty has 3,821 people living in 1,315 households.

There are 895 renters living in 426 renter households in this City. Renters make up 23.42 percent of the population living in West Liberty.

What is the rental market like in West Liberty, Iowa?

There are an estimated 1,418 housing units in the West Liberty area. Of these, 502 units are rental homes, making up 35 percent of the housing market. For every renter household in West Liberty, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in West Liberty?

The rental vacancy rate in West Liberty is 15 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 West Liberty for each bedroom size?

Occupied Rental Units by Size in West Liberty
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
16 120 164 89 0
Occupied Rental Units by Size in West Liberty

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

Among renter households in this market, 33 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 West Liberty

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $736 to $1,514. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $736
One BR $767
Two BR $1,008
Three BR $1,293
Four BR $1,514
2024 Fair Market Rents in West Liberty, Iowa

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

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 0 100 percent
One BR 58 48 percent
Two BR 114 70 percent
Rental Units Below FMR in West Liberty, Iowa

How many affordable rental units are in West Liberty?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 60
Tracked Units by Federal Program in West Liberty, Iowa

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

Income Based Apartments in West Liberty, Iowa

West Liberty features 60 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 West Liberty, Iowa

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

Housing Choice Vouchers in West Liberty, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in West Liberty, Iowa for a two-bedroom apartment is between $907 and $1,109.

Sourced from federal housing data and AffordableHousingOnline.com research.