Affordable Housing In Worth County
3 Low Income Apartment Communities In Worth County
Housing Authorities that serve Worth County
|North Iowa Regional Housing Authority||Public Housing|
Guide To Affordable Housing in Worth County, Iowa
There are 3 low income housing apartment communities offering 92 affordable apartments for rent in Worth County, Iowa.
Income Based Apartments in Worth County, Iowa
Worth County features 44 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 Worth County, Iowa
There are 48 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Worth County.
Housing Choice Vouchers in Worth County, Iowa
On average, Section 8 Housing Choice vouchers pay Worth County landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Worth County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Worth County, Iowa for a two-bedroom apartment is between $618 and $756.
2020 Worth 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|
|Fair Market Rent||$497||$586||$687||$971||$1,141|
|Payment Standard Range||$447 to $547||$527 to $645||$618 to $756||$874 to $1,068||$1,027 to $1,255|
Sourced from federal housing data and AffordableHousingOnline.com research.
Worth County, IA Affordable Housing Snapshot
|Total Affordable Apartment Properties||3|
|Total Low Income Apartments||92|
|Total Housing Units with Rental Assistance||44|
|Percentage of Housing Units Occupied By Renters||21.64%|
|Average Renter Household Size||2.00|
|Average Household Size||2.35|
|Median Household Income||$48,459 ±$2,871|
|Median Rent||$523 ±$49|
|Percentage Of Renters Overburdened||37.21% ± 9.37pp|
Population and Household Demographics
Worth County is a county in Iowa with a population of 7,563. There are 3,180 households in the county with an average household size of 2.35 persons. 21.64% of households in Worth County are renters.
Income and Rent Overburden in Worth County
The median gross income for households in Worth County is $48,459 a year, or $4,038 a month. The median rent for the county is $523 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Worth County, a household making less than $1,743 a month would be considered overburdened when renting an apartment at or above the median rent. 37.21% of households who rent are overburdened in Worth County.
Area Median Income In Worth 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 Worth County, HUD calculates the Area Median Income for a family of four as $68,100
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 Worth 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 Worth County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$15,250||$17,400||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$25,400||$29,000||$32,650||$36,250||$39,150||$42,050||$44,950||$47,850|
|80% of Median||$40,600||$46,400||$52,200||$58,000||$62,650||$67,300||$71,950||$76,600|
Cities In Worth County
Select A City to View its Apartment Communities and Waiting Lists.
|Bolan||The HUD funded Public Housing Agency that serves Bolan is the North Iowa Regional Housing Authority.|
|Fertile||The HUD funded Public Housing Agency that serves Fertile is the North Iowa Regional Housing Authority.|
|Grafton||The HUD funded Public Housing Agency that serves Grafton is the North Iowa Regional Housing Authority.|
|Hanlontown||The HUD funded Public Housing Agency that serves Hanlontown is the North Iowa Regional Housing Authority.|
|Joice||The HUD funded Public Housing Agency that serves Joice is the North Iowa Regional Housing Authority.|
|Kensett||The HUD funded Public Housing Agency that serves Kensett is the North Iowa Regional Housing Authority.|
|Manly||The HUD funded Public Housing Agency that serves Manly is the North Iowa Regional Housing Authority.|
|Northwood||The HUD funded Public Housing Agency that serves Northwood is the North Iowa Regional Housing Authority.|