About This Property
Marketplace Lofts comprises 52 residential units in Des Moines, Iowa, including 27 low-income units designated for families. The property offers a mix of 32 one-bedroom and 20 two-bedroom apartments and has been in service since 2007. This Polk County property provides affordable housing options for families seeking rental accommodations in the Des Moines area.
Waitlist Information
Waitlist managed by Des Moines Municipal Housing Agency
The Public Housing waiting list is currently closed for 2, 3, 4, and 5 bedroom units. Applications are only being accepted for household sizes of two persons or less (Royal View Manor). Eligibility requires applicants to be at least 18 years old, one household member a US citizen or eligible non-citizen, and no drug-related charge in the past five years. Preferences are based on need.
The waiting list for the Section 8 Housing Choice Voucher program is currently closed. It was last open from November 17-18, 2022, and for Mainstream Section 8 in October 2025. During the last opening, 4,500 applicants were placed on the waiting list by random lottery. Mainstream Voucher preference is for non-elderly persons with a disability who previously experienced homelessness and are current clients in a HUD-funded permanent supportive housing or rapid rehousing program. Eligibility requires applicants to be at least 18, one household member a US citizen or eligible non-citizen, and no drug-related charge within the past two years.
Waitlist data provided by section8waitlist.org
Updated June 7, 2026
Property Details
Fair Market Rent - Polk 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 | $833 |
| 1 Bedroom | $899 |
| 2 Bedroom | $1,080 |
| 3 Bedroom | $1,477 |
| 4 Bedroom | $1,481 |
Income Limits - Polk County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $19,200
- Very Low (50%)
- $32,000
- Low (80%)
- $51,150
- Extremely Low (30%)
- $21,950
- Very Low (50%)
- $36,550
- Low (80%)
- $58,450
- Extremely Low (30%)
- $24,700
- Very Low (50%)
- $41,100
- Low (80%)
- $65,750
- Extremely Low (30%)
- $27,400
- Very Low (50%)
- $45,650
- Low (80%)
- $73,050
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $49,350
- Low (80%)
- $78,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $53,000
- Low (80%)
- $84,750
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $56,650
- Low (80%)
- $90,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $60,300
- Low (80%)
- $96,450
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $19,200 | $32,000 | $51,150 |
| 2 Persons | $21,950 | $36,550 | $58,450 |
| 3 Persons | $24,700 | $41,100 | $65,750 |
| 4 Persons | $27,400 | $45,650 | $73,050 |
| 5 Persons | $31,040 | $49,350 | $78,900 |
| 6 Persons | $35,580 | $53,000 | $84,750 |
| 7 Persons | $40,120 | $56,650 | $90,600 |
| 8 Persons | $44,660 | $60,300 | $96,450 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Des Moines, IA?+
The Fair Market Rent (FMR) for Polk County, IA is: $833 (Studio), $899 (1BR), $1080 (2BR), $1477 (3BR), $1481 (4BR). Actual rent at subsidized properties like Marketplace Lofts is typically 30% of household income or less.
What size apartments are available at Marketplace Lofts?+
Marketplace Lofts offers the following unit types: 32 One-Bedroom, 20 Two-Bedroom units, for a total of 52 units.
What is the price range for apartments in Des Moines, IA?+
Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $899, 2-bedroom: $1080. Actual rent at Marketplace Lofts may be lower for income-eligible households.
Who manages Marketplace Lofts?+
Marketplace Lofts is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Marketplace Lofts?+
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.
How do I apply for housing at Marketplace Lofts?+
Marketplace Lofts 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.
What are the income limits for affordable housing in Polk County, IA?+
For a 4-person household in Polk County, IA, the income limits are: Extremely Low Income (30% AMI): $27,400, Very Low Income (50% AMI): $45,650, Low Income (80% AMI): $73,050. These limits are set by HUD and updated annually.
Who is eligible to live at Marketplace Lofts?+
Marketplace Lofts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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