Sunset Apartments

118 E 21st St, Spencer, Iowa 51301

Sunset Apartments is People's Choice award-winning apartment community serving Spencer, Iowa for more than 50 years. Residents enjoy all new kitchens and appliances with in-unit laundry, internet access included in rent, and more. They're also pet friendly (weight limit and fee apply). At Sunset Apartments, rent is based on your income (restrictions apply), and all utilities are included in your monthly rent. Sunset Apartments offers seniors age 62+ and people with disabilities a comfortable place to call home that features updated spaces for enjoying connectedness, community, and fun. Come see what the fuss is all about at Sunset Apartments!

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) - Call for Price

Eligibility for Sunset Apartments

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in a HUD rental assistance program in Spencer but actual income limits may differ for units at Sunset Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% $17,550 $20,050 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% $29,250 $33,400 $37,600 $41,750 $45,100 $48,450 $51,800 $55,150
80% $46,800 $53,450 $60,150 $66,800 $72,150 $77,500 $82,850 $88,200

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Spencer but actual income limits may differ for units at Sunset Apartments.

AMI Band 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Very Low Income (50%) $29,250 $33,400 $37,600 $41,750 $45,100 $48,450 $51,800 $55,150

Sunset Apartments Details

  • 51 one bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)
  • Section 8 Project-Based Voucher (PBV)

Property Amenities

  • Elevator
  • Fitness Center
  • Community Room
  • Library
  • Off-Street Parking
  • Community Media Center
  • Wheel Chair Accessible

Unit Amenities

  • Air Conditioning
  • Ceiling Fan(s)
  • Dishwasher
  • Microwave
  • Washer and Dryer Hookup
  • Cable Ready
  • Window Coverings
  • Refrigerator
  • Extra Storage
  • Energy Efficient Appliances
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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