About This Property
Melbourne Apartments III consists of 72 low-income rental units in Des Moines, Iowa. The property features 24 one-bedroom and 36 two-bedroom units and was placed in service in 2014. The development utilizes 9% Low-Income Housing Tax Credits to support its affordable housing mission.
Waitlist Information
Waitlist managed by Des Moines Municipal Housing Agency
The waitlist is open only for household sizes of two persons or less, with eligibility requiring applicants to be at least 18, a US citizen/eligible non-citizen, and without drug-related charges in the past five years. Need-based preferences apply, and applicants may be removed for declining two invitations or not responding to agency communications.
Applicants must be at least 18, a US citizen/eligible non-citizen, and without drug-related charges in the past two years. Mainstream Voucher Preference is for non-elderly (under 62) disabled, previously homeless, and current clients in HUD-funded permanent supportive housing or rapid rehousing programs.
Waitlist data provided by section8waitlist.org
Updated April 17, 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 |
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 Melbourne Apartments Iii is typically 30% of household income or less.
What size apartments are available at Melbourne Apartments Iii?+
Melbourne Apartments Iii offers the following unit types: 24 One-Bedroom, 36 Two-Bedroom units, for a total of 72 units.
Who is eligible to live at Melbourne Apartments Iii?+
Melbourne Apartments Iii primarily serves Victims of Domestic Violence. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
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.
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 Melbourne Apartments Iii may be lower for income-eligible households.
Is there a waitlist for Melbourne Apartments Iii?+
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 Melbourne Apartments Iii?+
Melbourne Apartments Iii is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , 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 Melbourne Apartments Iii?+
Melbourne Apartments Iii is managed by . You can reach them at .
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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