About This Property
Pheasant Ridge comprises 248 low-income units in Iowa City serving families with a mix of one-, two-, three-, and four-bedroom floor plans. The property was placed in service in 2017 and utilizes 4% Low-Income Housing Tax Credits. Units are distributed as 80 one-bedroom, 80 two-bedroom, 80 three-bedroom, and 8 four-bedroom apartments.
Waitlist Information
Waitlist managed by City of Iowa City Housing Authority
Preferences previously included displaced by government or natural disaster, families with children, elderly or disabled, and households of two or more, with priority for those in the ICHA jurisdiction.
Preferences previously included elderly, disabled, local residency/employment/school, families with children, and those displaced by government action or natural disaster.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Johnson 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 | $783 |
| 1 Bedroom | $902 |
| 2 Bedroom | $1,082 |
| 3 Bedroom | $1,525 |
| 4 Bedroom | $1,836 |
Income Limits - Johnson County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $20,950
- Very Low (50%)
- $34,900
- Low (80%)
- $55,850
- Extremely Low (30%)
- $23,950
- Very Low (50%)
- $39,900
- Low (80%)
- $63,800
- Extremely Low (30%)
- $26,950
- Very Low (50%)
- $44,900
- Low (80%)
- $71,800
- Extremely Low (30%)
- $29,900
- Very Low (50%)
- $49,850
- Low (80%)
- $79,750
- Extremely Low (30%)
- $32,300
- Very Low (50%)
- $53,850
- Low (80%)
- $86,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $57,850
- Low (80%)
- $92,550
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $61,850
- Low (80%)
- $98,900
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $65,850
- Low (80%)
- $105,300
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $20,950 | $34,900 | $55,850 |
| 2 Persons | $23,950 | $39,900 | $63,800 |
| 3 Persons | $26,950 | $44,900 | $71,800 |
| 4 Persons | $29,900 | $49,850 | $79,750 |
| 5 Persons | $32,300 | $53,850 | $86,150 |
| 6 Persons | $35,580 | $57,850 | $92,550 |
| 7 Persons | $40,120 | $61,850 | $98,900 |
| 8 Persons | $44,660 | $65,850 | $105,300 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Iowa City, IA?+
The Fair Market Rent (FMR) for Johnson County, IA is: $783 (Studio), $902 (1BR), $1082 (2BR), $1525 (3BR), $1836 (4BR). Actual rent at subsidized properties like Pheasant Ridge is typically 30% of household income or less.
What size apartments are available at Pheasant Ridge?+
Pheasant Ridge offers the following unit types: 80 One-Bedroom, 80 Two-Bedroom, 80 Three-Bedroom, 8 Four-Bedroom units, for a total of 248 units.
Who is eligible to live at Pheasant Ridge?+
Pheasant Ridge primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages Pheasant Ridge?+
Pheasant Ridge is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Iowa City, IA?+
Based on Fair Market Rent for Johnson County, the estimated price range is: 1-bedroom: $902, 2-bedroom: $1082, 3-bedroom: $1525. Actual rent at Pheasant Ridge may be lower for income-eligible households.
Is there a waitlist for Pheasant Ridge?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. 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 Johnson County, IA?+
For a 4-person household in Johnson County, IA, the income limits are: Extremely Low Income (30% AMI): $29,900, Very Low Income (50% AMI): $49,850, Low Income (80% AMI): $79,750. These limits are set by HUD and updated annually.
How do I apply for housing at Pheasant Ridge?+
Pheasant Ridge is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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