About This Property
Olive Street Brickstone offers 21 low-income units in Des Moines, Iowa, with a mix of 15 one-bedroom and 6 two-bedroom apartments serving families. The property has been in service since 2012 and receives 9% Low-Income Housing Tax Credits. This development provides affordable rental housing options for eligible households in Polk County.
Waitlist Information
Waitlist managed by Des Moines Municipal Housing Agency
Applications are currently being accepted only for household sizes of two persons or less; the waitlist is closed for 2, 3, 4, and 5 bedroom units. Eligibility requires applicants to be at least 18 years old, one household member to be a US citizen or eligible non-citizen, and no drug-related charges within the past five years. Applicants must meet HUD's income guidelines (80% of median family income). The DMMHA maintains site-based waiting lists.
The waiting list for the Section 8 Housing Choice Voucher program is currently closed. A preference exists for non-elderly persons with disabilities who previously experienced homelessness and are current clients in a HUD-funded permanent supportive housing or rapid rehousing program, limited to 60 families. Applicants are placed on the waitlist by date and time of application, and income guidelines are 50% of the median family income.
Waitlist data provided by section8waitlist.org
Updated April 18, 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 Olive Street Brickstone is typically 30% of household income or less.
What size apartments are available at Olive Street Brickstone?+
Olive Street Brickstone offers the following unit types: 15 One-Bedroom, 6 Two-Bedroom units, for a total of 21 units.
Who is eligible to live at Olive Street Brickstone?+
Olive Street Brickstone primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Is there a waitlist for Olive Street Brickstone?+
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.
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 Olive Street Brickstone may be lower for income-eligible households.
Who manages Olive Street Brickstone?+
Olive Street Brickstone is managed by . You can reach them at . Visit their website for more information.
How do I apply for housing at Olive Street Brickstone?+
Olive Street Brickstone 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.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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