About This Property
Marshalltown Senior Residences comprises 28 low-income units designed to serve elderly residents in Marshalltown, Iowa. The property includes seven one-bedroom and twenty-one two-bedroom apartments and has been in service since 2014. This Marshall County property offers affordable housing options for seniors in the community.
Waitlist Information
Waitlist managed by City of Marshalltown Rent Assistance Program
The City of Marshalltown Rent Assistance Program accepts Public Housing pre-applications at the program level; declining two invitations will purge an application from the waitlist.
The program has preferences for households living in Marshall, Tama, or Hardin County jurisdiction, and for households with an elderly (62 years), disabled, or dependent member. Preference may be given to families at or below 30% of the Area Median Income (AMI).
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Marshall 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 | $699 |
| 1 Bedroom | $723 |
| 2 Bedroom | $947 |
| 3 Bedroom | $1,260 |
| 4 Bedroom | $1,261 |
Income Limits - Marshall 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 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Marshalltown, IA?+
The Fair Market Rent (FMR) for Marshall County, IA is: $699 (Studio), $723 (1BR), $947 (2BR), $1260 (3BR), $1261 (4BR). Actual rent at subsidized properties like Marshalltown Senior Residences is typically 30% of household income or less.
What size apartments are available at Marshalltown Senior Residences?+
Marshalltown Senior Residences offers the following unit types: 7 One-Bedroom, 21 Two-Bedroom units, for a total of 28 units.
Is there a waitlist for Marshalltown Senior Residences?+
Public Housing waitlist is currently Closed. 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.
Who is eligible to live at Marshalltown Senior Residences?+
Marshalltown Senior Residences primarily serves elderly residents. 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 Marshalltown Senior Residences?+
Marshalltown Senior Residences 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 Marshalltown Senior Residences?+
Marshalltown Senior Residences is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Marshalltown, IA?+
Based on Fair Market Rent for Marshall County, the estimated price range is: 1-bedroom: $723, 2-bedroom: $947. Actual rent at Marshalltown Senior Residences may be lower for income-eligible households.
What are the income limits for affordable housing in Marshall County, IA?+
For a 4-person household in Marshall 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.
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