Affordable Housing In Woodbury County
47 Low Income Apartment Communities In Woodbury County
Guide To Affordable Housing in Woodbury County, Iowa
There are 47 low income housing apartment communities offering 2,132 affordable apartments for rent in Woodbury County, Iowa.
Income Based Apartments in Woodbury County, Iowa
Woodbury County features 1,084 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 Woodbury County, Iowa
There are 1,048 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Woodbury County.
Housing Choice Vouchers in Woodbury County, Iowa
On average, Section 8 Housing Choice vouchers pay Woodbury County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Woodbury County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Woodbury County, Iowa for a two-bedroom apartment is between $783 and $957.
2022 Woodbury County, Iowa Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Woodbury County, Iowa Fair Market Rent||$578||$661||$870||$1,075||$1,180|
|Woodbury County, Iowa Payment Standard Range||$520 to $636||$595 to $727||$783 to $957||$968 to $1,183||$1,062 to $1,298|
Sourced from federal housing data and AffordableHousingOnline.com research.
Woodbury County, IA Affordable Housing Snapshot
|Total Affordable Apartment Properties||47|
|Total Low Income Apartments||2,132|
|Total Housing Units with Rental Assistance||1,084|
|Percentage of Housing Units Occupied By Renters||32.49%|
|Average Renter Household Size||2.34|
|Average Household Size||2.58|
|Median Household Income||$46,720 ±$1,256|
|Median Rent||$678 ±$19|
|Percentage Of Renters Overburdened||43.54% ± 3.17pp|
Population and Household Demographics
Woodbury County is a county in Iowa with a population of 102,530. There are 38,656 households in the county with an average household size of 2.58 persons. 32.49% of households in Woodbury County are renters.
Income and Rent Overburden in Woodbury County
The median gross income for households in Woodbury County is $46,720 a year, or $3,893 a month. The median rent for the county is $678 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Woodbury County, a household making less than $2,260 a month would be considered overburdened when renting an apartment at or above the median rent. 43.54% of households who rent are overburdened in Woodbury County.
Area Median Income In Woodbury 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 Woodbury County, HUD calculates the Area Median Income for a family of four as $73,300
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 Woodbury 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 HUD Rental Assistance in Woodbury County
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Woodbury County AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Woodbury County AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Woodbury County AMI may qualify for rental assistance programs that target Low Income households.
Cities In Woodbury County
Select A City to View its Apartment Communities and Waiting Lists.
|Sioux City||The HUD funded Public Housing Agency that serves Sioux City is the Sioux City Housing Authority.|