About This Property
Valley Apts comprises 48 low-income units in Shenandoah, Iowa, with a mix of 12 one-bedroom, 26 two-bedroom, and 10 three-bedroom apartments. The property has been in service since 1995 and utilizes 9% Low-Income Housing Tax Credits. Interested parties can contact the property management for additional information.
Waitlist Information
Waitlist managed by Shenandoah Low Rent Housing Agency
Currently accepting pre-applications for senior/disabled households; the agency does not offer a Public Housing program for families. Preference for senior and disabled individuals.
No current information found
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Page 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 | $630 |
| 1 Bedroom | $656 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,081 |
| 4 Bedroom | $1,277 |
Income Limits - Page 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 Shenandoah, IA?+
The Fair Market Rent (FMR) for Page County, IA is: $630 (Studio), $656 (1BR), $862 (2BR), $1081 (3BR), $1277 (4BR). Actual rent at subsidized properties like Valley Apts is typically 30% of household income or less.
What size apartments are available at Valley Apts?+
Valley Apts offers the following unit types: 12 One-Bedroom, 26 Two-Bedroom, 10 Three-Bedroom units, for a total of 48 units.
What is the price range for apartments in Shenandoah, IA?+
Based on Fair Market Rent for Page County, the estimated price range is: 1-bedroom: $656, 2-bedroom: $862, 3-bedroom: $1081. Actual rent at Valley Apts may be lower for income-eligible households.
Who manages Valley Apts?+
Valley Apts is managed by . You can reach them at . Visit their website for more information.
What are the income limits for affordable housing in Page County, IA?+
For a 4-person household in Page 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.
How do I apply for housing at Valley Apts?+
Valley Apts 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.
Is there a waitlist for Valley Apts?+
Public Housing waitlist is currently Open. 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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