Affordable Housing In Woodbury County
Iowa

44 Low Income Apartment Communities In Woodbury County

Town View Apartments

400-464 W 4th St
Sioux City, IA
Income Based
2-3 BR
Subsidized

Independence Village

3640 Indian Hills Drive
Sioux City, IA
Income Based
1 BR
62+
Accessible
Elderly Supportive Housing
Subsidized

Sanctuary Apartments

3300 W 4th Street
Sioux City, IA
Income Based
1-3 BR
HCV Welcome

Castle on the Hill

610 13th Street #76
Sioux City, IA
Income Based
1-3 BR
HCV Welcome

Call Terminal Apartments

1106 4th St
Sioux City, IA
$530-603
1-2 BR
HCV Welcome

Morningside Country Estates

1331 South Maple Street
Sioux City, IA
Income Based
1-2 BR

Centennial Manor Apartments

441 W 3rd St
Sioux City, IA
Call For Rent
1 BR
62+
Accessible
Subsidized

The Aberdeen Apartments

1121 Jackson St
Sioux City, IA
Call For Rent
1-4 BR
HCV Welcome
Market Rate

Court View Apartments

2200 Court St
Sioux City, IA
Call For Rent
2-3 BR
HCV Welcome

Morning Hills Apartments

2627 S. Rustin St
Sioux City, IA
Subsidized

Other Housing Authorities located in Woodbury County

Housing Authority Programs
Sioux City Housing Authority Section 8 Housing Choice Voucher (HCV)
Siouxland Regional Housing Authority Section 8 Housing Choice Voucher (HCV)

Guide To Affordable Housing in Woodbury County, Iowa

There are 44 low income housing apartment communities offering 2,283 affordable apartments for rent in Woodbury County, Iowa. Woodbury County features 1,018 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 1,105 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Woodbury County.

Sourced from federal housing data and AffordableHousingOnline.com research.

Woodbury County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 44
Total Low Income Apartments 2,283
Total Housing Units with Rental Assistance 1,018
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
Total Population 102,530

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.1

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 $69,500

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 Woodbury County HUD Rental Assistance in Woodbury 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 $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
80% of Median $38,950 $44,500 $50,050 $55,600 $60,050 $64,500 $68,950 $73,400
Low Income Housing Tax Credits in Woodbury County

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

From 2002 to 2002, 1 low income apartment communities containing 12 rental apartments have been constructed and made affordable to low income persons in Woodbury 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 Woodbury County

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $24,350 $27,800 $31,300 $34,750 $37,550 $40,350 $43,100 $45,900
60% of Median $29,220 $33,360 $37,560 $41,700 $45,060 $48,420 $51,720 $55,080

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 Woodbury County is $37,560 a year, or $3,130 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,130 by 30% to get a maximum rent of $939 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% $609 $652 $783 $904 $1,009 $1,113
60% $731 $782 $939 $1,085 $1,211 $1,335
Fair Market Rents in Woodbury 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
$523 $610 $803 $1,001 $1,088

Cities In Woodbury County

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

City Listings Served By
Sioux City 42 The HUD funded Public Housing Agency that serves Sioux City is the Sioux City Housing Authority.
Sloan 1
Moville 1
Anthon 0
Cushing 0
Correctionville 0
Danbury 0
Sergeant Bluff 0
Climbing Hill 0
Lawton 0
Bronson 0
Hornick 0
Oto 0
Pierson 0
Salix 0
Smithland 0