About This Property
Thomas Square At Grimes provides 50 low-income housing units in Grimes, Iowa, with a mix of 20 two-bedroom and 30 three-bedroom apartments designed to serve families. The property has been in service since 2012 and is financed through 9% Low-Income Housing Tax Credits. Polk County residents seeking affordable rental housing options can inquire about availability and eligibility requirements.
Waitlist Information
Waitlist managed by Central Iowa Regional Housing Authority
The waiting list has no preferences, and applicants are placed by the date and time their application is received. Public Housing units are available in Boone, Dallas, Jasper, and Marion counties, in towns such as Boone, Madrid, Perry, Redfield, Colfax, Newton, and Melcher-Dallas.
At this time, CIRHA is not able to issue any new vouchers due to shortage of funding. If the family is not determined eligible for the program, they will be sent a letter informing them that they have been dropped from the waiting list.
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 Grimes, 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 Thomas Square At Grimes is typically 30% of household income or less.
What size apartments are available at Thomas Square At Grimes?+
Thomas Square At Grimes offers the following unit types: 20 Two-Bedroom, 30 Three-Bedroom units, for a total of 50 units.
Who is eligible to live at Thomas Square At Grimes?+
Thomas Square At Grimes primarily serves families. 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.
Is there a waitlist for Thomas Square At Grimes?+
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 is the price range for apartments in Grimes, IA?+
Based on Fair Market Rent for Polk County, the estimated price range is: 2-bedroom: $1080, 3-bedroom: $1477. Actual rent at Thomas Square At Grimes may be lower for income-eligible households.
How do I apply for housing at Thomas Square At Grimes?+
Thomas Square At Grimes 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.
Who manages Thomas Square At Grimes?+
Thomas Square At Grimes is managed by . You can reach them at . Visit their website for more information.
Contact Information
Location
Polk County, IA
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