Low Income Apartments For Rent in Fort Dodge, IA

Rental assistance programs support 340 low-income homes in Fort Dodge where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $283 towards rent each month.

Affordable rent data for some communities last confirmed on June 25th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Fort Dodge, 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.

Housing Authority	Programs
Fort Dodge Municipal Housing Agency	Section 8 Housing Choice Voucher (HCV); Public Housing

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

Fort Dodge, Iowa Affordable Housing Data

Income Based Apartments in Fort Dodge, Iowa

Fort Dodge features 340 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 Fort Dodge, Iowa

There are 156 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Fort Dodge.

Housing Choice Vouchers in Fort Dodge, Iowa

On average, Section 8 Housing Choice vouchers pay Fort Dodge landlords $400 per month towards rent. The average voucher holder contributes $300 towards rent in Fort Dodge.

The maximum amount a voucher would pay on behalf of a low-income tenant in Fort Dodge, Iowa for a two-bedroom apartment is between $777 and $949.

2024 Fort Dodge, 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
Fort Dodge, Iowa Fair Market Rent	$652	$657	$863	$1,159	$1,465
Fort Dodge, Iowa Payment Standard Range	$587 to $717	$591 to $723	$777 to $949	$1,043 to $1,275	$1,319 to $1,612

Sourced from federal housing data and AffordableHousingOnline.com research.

Fort Dodge, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 14

Total Low Income Apartments 501

Total Housing Units with Rental Assistance 340

Percentage of Housing Units Occupied By Renters 38.55%

Average Renter Household Size 2.08

Average Household Size 2.23

Median Household Income $39,315 ±$2,433

Median Rent $578 ±$23

Percentage Of Renters Overburdened 46.58% ± 5.79pp

Total Population 24,789

Total Affordable Apartment Properties	14
Total Low Income Apartments	501
Total Housing Units with Rental Assistance	340
Percentage of Housing Units Occupied By Renters	38.55%
Average Renter Household Size	2.08
Average Household Size	2.23
Median Household Income	$39,315 ±$2,433
Median Rent	$578 ±$23
Percentage Of Renters Overburdened	46.58% ± 5.79pp
Total Population	24,789

Population and Household Demographics

Fort Dodge is a city in Webster County, Iowa with a population of 24,789. There are 9,892 households in the city with an average household size of 2.23 persons. 38.55% of households in Fort Dodge are renters.

Income and Rent Overburden in Fort Dodge

The median gross income for households in Fort Dodge is $39,315 a year, or $3,276 a month. The median rent for the city is $578 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Fort Dodge, a household making less than $1,927 a month would be considered overburdened when renting an apartment at or above the median rent. 46.58% of households who rent are overburdened in Fort Dodge.

Area Median Income In Fort Dodge

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 Fort Dodge, the AMI is calculated from all households within Webster County.

In Fort Dodge, HUD calculates the Area Median Income for a family of four as $83,200

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 Fort Dodge

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 Fort Dodge

	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 Fort Dodge AMI may qualify for rental assistance programs that target Extremely Low Income households.	$17,550	$20,050	$24,860	$30,000	$35,140	$40,280	$45,420	$50,560
50% AMI Income Limits Renters earning up to 50% of the Fort Dodge AMI may qualify for rental assistance programs that target Very Low Income households.	$29,250	$33,400	$37,600	$41,750	$45,100	$48,450	$51,800	$55,150
80% AMI Income Limits Renters earning up to 80% of the Fort Dodge AMI may qualify for rental assistance programs that target Low Income households.	$46,800	$53,450	$60,150	$66,800	$72,150	$77,500	$82,850	$88,200