Iowa, Louisiana Affordable Housing

Affordable Housing programs support 73 income based apartments in Iowa where households pay rent based on how much they earn.

There are 16 affordable apartments in Iowa that offer reduced rents to low-income households.

Waiting Lists in Iowa, Louisiana

There are no open Section 8 Housing Choice Voucher waiting lists in Iowa. Go to the Louisiana Section 8 Waiting Lists page for openings near Iowa.

Iowa Elderly Apartments

401 E Miller Ave
Iowa, Louisiana
Rent Assisted
62+
Accessible
Elderly Supportive Housing

Meadowland Apartments

100 Fairview Dr
Iowa, Louisiana
Affordable

605 N Park Dr

605 N Park Dr
Iowa, Louisiana
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Affordable Housing Near Iowa

View affordable apartments and waiting lists in cities near Iowa

City Apartments
Lake Charles, LA Affordable Housing programs support 27 apartment communities in Lake Charles.
Sulphur, LA Affordable Housing programs support 5 apartment communities in Sulphur.
Westlake, LA Affordable Housing programs support 5 apartment communities in Westlake.
Vinton, LA Affordable Housing programs support 4 apartment communities in Vinton.
Dequincy, LA Affordable Housing programs support 3 apartment communities in Dequincy.

Public Housing Agencies Serving Iowa, Louisiana

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.

Waiting lists for project-based assistance, like the Public Housing program, are open:

Housing Authority Programs
Calcasieu Parish Police Jury Housing Department Section 8 Housing Choice Voucher (HCV)
Housing Authority of the Town of Iowa Public Housing
Go to the Louisiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Iowa.

Iowa, Louisiana Affordable Housing Data

Income Based Apartments in Iowa, Louisiana

Iowa features 73 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 Iowa, Louisiana

There are 16 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Iowa.

Housing Choice Vouchers in Iowa, Louisiana

On average, Section 8 Housing Choice vouchers pay Iowa landlords $600 per month towards rent. The average voucher holder contributes $400 towards rent in Iowa.

The maximum amount a voucher would pay on behalf of a low-income tenant in Iowa, Louisiana for a two-bedroom apartment is between $885 and $1,081.

2023 Iowa, Louisiana 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
Iowa, Louisiana Fair Market Rent $756 $767 $983 $1,235 $1,322
Iowa, Louisiana Payment Standard Range $680 to $832 $690 to $844 $885 to $1,081 $1,112 to $1,359 $1,190 to $1,454

Sourced from federal housing data and AffordableHousingOnline.com research.

Iowa, LA Affordable Housing Snapshot

Total Affordable Apartment Properties 3
Total Low Income Apartments 89
Total Housing Units with Rental Assistance 73
Percentage of Housing Units Occupied By Renters 37.25%
Average Renter Household Size 2.71
Average Household Size 2.63
Median Household Income $39,245 ±$4,225
Median Rent $705 ±$54
Percentage Of Renters Overburdened 42.86% ± 11.71pp
Total Population 3,110

Population and Household Demographics

Iowa is a city in Calcasieu Parish, Louisiana with a population of 3,110. There are 1,184 households in the city with an average household size of 2.63 persons. 37.25% of households in Iowa are renters.

Income and Rent Overburden in Iowa

The median gross income for households in Iowa is $39,245 a year, or $3,270 a month. The median rent for the city is $705 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Iowa, a household making less than $2,350 a month would be considered overburdened when renting an apartment at or above the median rent. 42.86% of households who rent are overburdened in Iowa.

Area Median Income In Iowa

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Iowa, the AMI is calculated from all households within Calcasieu Parish.

In Iowa, HUD calculates the Area Median Income for a family of four as $75,000

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 Iowa

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 Iowa

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 Iowa AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,200 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Iowa AMI may qualify for rental assistance programs that target Very Low Income households.
$25,350 $28,950 $32,550 $36,150 $39,050 $41,950 $44,850 $47,750
80% AMI Income Limits
Renters earning up to 80% of the Iowa AMI may qualify for rental assistance programs that target Low Income households.
$40,500 $46,300 $52,100 $57,850 $62,500 $67,150 $71,750 $76,400