About This Property
Cedar Terrace South is a public housing development in Charles City, Iowa that contains 4 units. All 4 units are accessible. The property serves residents of Floyd County.
Waitlist Information
Waitlist managed by Charles City Housing and Redev Authority
Applicants must be income eligible to be placed onto any waiting list. Preferences are given to those over 62 years old or disabled, and local residents may be eligible for residency preference.
Applicants are selected from the waiting list based on date and time their application was received. Preference is given to applicants living/working within the city limits of Charles City IA, or 62+ years old, or disabled. Applicants must meet income eligibility. If applying from/living outside of Charles City, IA, applicants MUST attend all preliminary and certification appointments/briefings at the office and lease up in the jurisdiction for one full year before portability is possible.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
HUD Inspection Score
HUD inspects properties on a 0-100 scale. Scores above 60 are considered passing.
Fair Market Rent - Floyd County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $658 |
| 1 Bedroom | $663 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,144 |
| 4 Bedroom | $1,148 |
Income Limits - Floyd County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,100
- Very Low (50%)
- $25,150
- Low (80%)
- $40,250
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,750
- Low (80%)
- $46,000
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $32,350
- Low (80%)
- $51,750
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,900
- Low (80%)
- $57,450
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $38,800
- Low (80%)
- $62,050
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $41,650
- Low (80%)
- $66,650
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $44,550
- Low (80%)
- $71,250
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $47,400
- Low (80%)
- $75,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,100 | $25,150 | $40,250 |
| 2 Persons | $17,420 | $28,750 | $46,000 |
| 3 Persons | $21,960 | $32,350 | $51,750 |
| 4 Persons | $26,500 | $35,900 | $57,450 |
| 5 Persons | $31,040 | $38,800 | $62,050 |
| 6 Persons | $35,580 | $41,650 | $66,650 |
| 7 Persons | $40,120 | $44,550 | $71,250 |
| 8 Persons | $44,660 | $47,400 | $75,850 |
Frequently Asked Questions
What is the average rent for affordable housing in Charles City, IA?+
The Fair Market Rent (FMR) for Floyd County, IA is: $658 (Studio), $663 (1BR), $862 (2BR), $1144 (3BR), $1148 (4BR). Actual rent at subsidized properties like Cedar Terrace South is typically 30% of household income or less.
How many units does Cedar Terrace South have?+
Cedar Terrace South has a total of 4 housing units.
What is the HUD inspection score for Cedar Terrace South?+
Cedar Terrace South has a HUD inspection score of 90 out of 100, which is considered excellent. HUD inspects subsidized housing properties to ensure they meet minimum health and safety standards. Scores of 60 or above are considered passing.
How do I apply for housing at Cedar Terrace South?+
Cedar Terrace South is a Public Housing property. To apply, you can start by calling 6412286661, or visiting their website, or contacting the property management office. You may need to submit an application and be placed on a waitlist. Eligibility is typically based on income, family size, and other factors.
Is there a waitlist for Cedar Terrace South?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What are the income limits for affordable housing in Floyd County, IA?+
For a 4-person household in Floyd County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
