About This Property
The Roosevelt is a 96-unit affordable housing community in Cedar Rapids that has served families since 2010. The property includes 92 low-income units with a mix of 3 studios, 60 one-bedroom, and 33 two-bedroom apartments. Prospective residents can contact the property management office for application information and lease terms.
Waitlist Information
Waitlist managed by Cedar Rapids Housing Services
The Section 8 waiting list is currently closed and will remain closed for an undetermined time. Applications were last accepted on October 14, 2019, requiring in-person completion at the Veterans Memorial Building. To be eligible, families must meet HUD and PHA definitions, income limits, and citizenship/eligible immigrant status.
Waitlist data provided by section8waitlist.org
Updated October 2, 2026
Property Details
Fair Market Rent - Linn 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 | $638 |
| 1 Bedroom | $716 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,326 |
| 4 Bedroom | $1,597 |
Income Limits - Linn County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,300
- Low (80%)
- $50,050
- Extremely Low (30%)
- $21,450
- Very Low (50%)
- $35,800
- Low (80%)
- $57,200
- Extremely Low (30%)
- $24,150
- Very Low (50%)
- $40,250
- Low (80%)
- $64,350
- Extremely Low (30%)
- $26,800
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,300
- Low (80%)
- $77,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,900
- Low (80%)
- $82,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,450
- Low (80%)
- $88,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,050
- Low (80%)
- $94,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,800 | $31,300 | $50,050 |
| 2 Persons | $21,450 | $35,800 | $57,200 |
| 3 Persons | $24,150 | $40,250 | $64,350 |
| 4 Persons | $26,800 | $44,700 | $71,500 |
| 5 Persons | $31,040 | $48,300 | $77,250 |
| 6 Persons | $35,580 | $51,900 | $82,950 |
| 7 Persons | $40,120 | $55,450 | $88,700 |
| 8 Persons | $44,660 | $59,050 | $94,400 |
Advertisement
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cedar Rapids, IA?+
The Fair Market Rent (FMR) for Linn County, IA is: $638 (Studio), $716 (1BR), $941 (2BR), $1326 (3BR), $1597 (4BR). Actual rent at subsidized properties like The Roosevelt is typically 30% of household income or less.
What size apartments are available at The Roosevelt?+
The Roosevelt offers the following unit types: 3 Studio, 60 One-Bedroom, 33 Two-Bedroom units, for a total of 96 units.
What is the price range for apartments in Cedar Rapids, IA?+
Based on Fair Market Rent for Linn County, the estimated price range is: 1-bedroom: $716, 2-bedroom: $941. Actual rent at The Roosevelt may be lower for income-eligible households.
Who manages The Roosevelt?+
The Roosevelt is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Linn County, IA?+
For a 4-person household in Linn County, IA, the income limits are: Extremely Low Income (30% AMI): $26,800, Very Low Income (50% AMI): $44,700, Low Income (80% AMI): $71,500. These limits are set by HUD and updated annually.
Who is eligible to live at The Roosevelt?+
The Roosevelt primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for The Roosevelt?+
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.
How do I apply for housing at The Roosevelt?+
The Roosevelt 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
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
More Affordable Housing Near The Roosevelt
Osada Apts
Cedar Rapids, IA
67 UnitsIrving Point
Cedar Rapids, IA
55 UnitsThe Gables
Cedar Rapids, IA
20 UnitsKingston Village
Cedar Rapids, IA
64 UnitsCedar View Apts
Cedar Rapids, IA
45 UnitsCedarwood Hills
Cedar Rapids, IA
180 Units