; Low Income Apartments For Rent in Guthrie County, IA

Menlo Devel Corp

4th and Sheridan
Menlo, Iowa
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Mid - Iowa Family

100 Olive Grove Ln
Bayard, Iowa
Subsidized
Rent Assisted
Senior
Supportive
S515
RDRA

Panora Assisted Living

807 E Main St
Panora, Iowa
Rent Assisted
LIHTC

Panora Ret Homes

116 NW 5th St
Panora, Iowa
Rent Assisted
Senior
Supportive
S515
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There are 25 low-income apartments in Guthrie County that offer reduced rents to eligible households.

Rental assistance programs support 21 low-income homes in Guthrie County where households pay rent based on how much they earn. For 2024, elgible households participating in federally assisted housing pay an average of $266 towards rent each month.

Affordable rent data for some communities last confirmed on June 7th, 2024. Subdsidized rents typically change once a year based on federal guidance.

Public Housing Agencies Serving Guthrie County, 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
Region XII Regional Housing Authority Section 8 Housing Choice Voucher (HCV); Family Self-Sufficiency
Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Guthrie County.

Guthrie County, Iowa Affordable Housing Data

Income Based Apartments in Guthrie County, Iowa

Guthrie County features 21 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 Guthrie County, Iowa

There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Guthrie County.

Housing Choice Vouchers in Guthrie County, Iowa

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Guthrie County, Iowa for a two-bedroom apartment is between $972 and $1,188.

2024 Guthrie 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
Guthrie County, Iowa Fair Market Rent $833 $899 $1,080 $1,477 $1,481
Guthrie County, Iowa Payment Standard Range $750 to $916 $809 to $989 $972 to $1,188 $1,329 to $1,625 $1,333 to $1,629

Sourced from federal housing data and AffordableHousingOnline.com research.

Guthrie County, IA Affordable Housing Snapshot

Total Affordable Apartment Properties 4
Total Low Income Apartments 46
Total Housing Units with Rental Assistance 21
Percentage of Housing Units Occupied By Renters 19.49%
Average Renter Household Size 2.29
Average Household Size 2.34
Median Household Income $51,013 ±$1,670
Median Rent $601 ±$36
Percentage Of Renters Overburdened 33.98% ± 5.39pp
Total Population 10,740

Population and Household Demographics

Guthrie County is a county in Iowa with a population of 10,740. There are 4,514 households in the county with an average household size of 2.34 persons. 19.49% of households in Guthrie County are renters.

Income and Rent Overburden in Guthrie County

The median gross income for households in Guthrie County is $51,013 a year, or $4,251 a month. The median rent for the county is $601 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Guthrie County, a household making less than $2,003 a month would be considered overburdened when renting an apartment at or above the median rent. 33.98% of households who rent are overburdened in Guthrie County.

Area Median Income In Guthrie 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 Guthrie County, HUD calculates the Area Median Income for a family of four as $105,600

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 Guthrie 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 Guthrie 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 Guthrie County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$21,950 $25,050 $28,200 $31,300 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Guthrie County AMI may qualify for rental assistance programs that target Very Low Income households.
$36,550 $41,750 $46,950 $52,150 $56,350 $60,500 $64,700 $68,850
80% AMI Income Limits
Renters earning up to 80% of the Guthrie County AMI may qualify for rental assistance programs that target Low Income households.
$58,450 $66,800 $75,150 $83,450 $90,150 $96,850 $103,500 $110,200