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
The program prioritizes applicants who are elderly, disabled, or have children in the household. Eligibility requires meeting family composition and income requirements, with additional preference for families residing in Johnson County, Iowa County, and part of Washington County.
The program assists very low-income families, the elderly, and the disabled; participants can choose any housing that meets program requirements. Preferences include individuals or families displaced by government action or disaster in the State of Iowa, and families residing in Johnson County, Iowa County, and part of Washington County.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 |
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.
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.
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.
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.
Who manages Pheasant Ridge?+
Pheasant Ridge is managed by . You can reach them at . Visit their website for more 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.
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.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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