Low Income (LIHTC)Waitlist Open

River Oaks

1509 Marion St, Marshalltown, IA, 50158

Information verified April 17, 2026·We re-check waiting list status daily

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About This Property

River Oaks is an affordable housing community in Marshalltown, Iowa, comprising 28 units. The property serves Marshall County residents and offers rental housing options for qualified households. For more information about availability and application procedures, interested parties may contact the management office.

Waitlist Information

Waitlist managed by City of Marshalltown Rent Assistance Program

Public Housing Waitlist

Closed

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.

Last verified March 27, 2026

Section 8 (HCV) Waitlist

Open

Apply: Multiple

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).

Last verified April 14, 2026

Waitlist data provided by section8waitlist.org

Updated April 17, 2026

Property Details

Total Units

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.

1 Person

Extremely Low (30%): $15,100
Very Low (50%): $25,150
Low (80%): $40,250

2 Persons

Extremely Low (30%): $17,420
Very Low (50%): $28,750
Low (80%): $46,000

3 Persons

Extremely Low (30%): $21,960
Very Low (50%): $32,350
Low (80%): $51,750

4 Persons

Extremely Low (30%): $26,500
Very Low (50%): $35,900
Low (80%): $57,450

5 Persons

Extremely Low (30%): $31,040
Very Low (50%): $38,800
Low (80%): $62,050

6 Persons

Extremely Low (30%): $35,580
Very Low (50%): $41,650
Low (80%): $66,650

7 Persons

Extremely Low (30%): $40,120
Very Low (50%): $44,550
Low (80%): $71,250

8 Persons

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

Year Placed in Service

8888

Low-Income Units

0 / 28

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 River Oaks is typically 30% of household income or less.

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.

Who manages River Oaks?+

River Oaks is managed by . You can reach them at . Visit their website for more information.

Is there a waitlist for River Oaks?+

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.

How do I apply for housing at River Oaks?+

River Oaks 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.

Begin Application Now