1 waitlist is currently open in Fort Madison, IA
Apply before waitlists close. Check each listing for details and deadlines.
5202 RIVER VALLEY RD, FORT MADISON, IA, 52627
1125 48TH ST, FORT MADISON, IA, 52627
Fair Market Rent - Lee 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 | $598 |
| 1 Bedroom | $672 |
| 2 Bedroom | $882 |
| 3 Bedroom | $1,185 |
| 4 Bedroom | $1,207 |
Income Limits - Lee 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 About Housing in Fort Madison, IA
How many affordable housing options are in Fort Madison, Iowa?+
There are 6 affordable housing properties in Fort Madison, Iowa, including 1 public housing, 4 Low-Income Housing Tax Credit (LIHTC), 1 housing authority listings. Browse the full list above to find options that fit your needs.
What is the average rent for affordable housing in Fort Madison, Iowa?+
The Fair Market Rent for Lee County, Iowa is: Studio: $598, 1BR: $672, 2BR: $882, 3BR: $1185. Subsidized housing typically charges tenants 30% of their adjusted gross income, which may be significantly less than FMR.
How do I apply for Section 8 housing in Fort Madison, Iowa?+
To apply for Section 8 (Housing Choice Voucher) in Fort Madison, Iowa, contact your local housing authority. You can browse the housing authority listings on this page to find contact information. Applications are typically accepted when the waitlist is open. Eligibility is based on income (generally below 50% of Area Median Income), family size, and citizenship status.
What are the income limits for affordable housing in Lee County, Iowa?+
For a 4-person household in Lee County, Iowa, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,900, Low Income (80% AMI): $57,450. Income limits vary by household size and are updated annually by HUD.
Are there open waitlists for affordable housing in Fort Madison, Iowa?+
Yes, there are currently 1 housing authority with open waitlists in Fort Madison, Iowa. Look for the "Waitlist Open" badge on listings above, or use the waitlist filter to find them quickly. Waitlist availability changes frequently, so apply as soon as possible.
What types of affordable housing are available in Fort Madison, Iowa?+
Fort Madison, Iowa has the following types of affordable housing: Public Housing (government-owned units with income-based rent); LIHTC properties (privately owned, tax-credit funded affordable apartments); Housing Authorities (administering Section 8 vouchers and public housing). Each program has different eligibility requirements and application processes.
What is the population of Fort Madison, Iowa?+
Fort Madison, Iowa has an estimated population of 10,407. With 6 affordable housing properties serving the area, there are housing assistance options available for eligible residents.