Affordable Housing Hub
Low Income (LIHTC)

Canterbury Park Iii

700 NE 56th St Apt 5, Pleasant Hill, IA, 50327

Information verified April 18, 2026·We re-check waiting list status daily

Default photo for Canterbury Park Iii
Example Photo
Share

About This Property

Canterbury Park III contains 72 low-income rental units in Pleasant Hill, Iowa, serving families with a mix of one-, two-, and three-bedroom apartments. The property has been in service since 2008 and offers housing options across multiple unit sizes to accommodate different household compositions.

Property Details

Total Units
72
1 Bedroom
18
2 Bedroom
36
3 Bedroom
18

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.

BedroomsFMR
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.

1 Person
Extremely Low (30%)
$19,200
Very Low (50%)
$32,000
Low (80%)
$51,150
2 Persons
Extremely Low (30%)
$21,950
Very Low (50%)
$36,550
Low (80%)
$58,450
3 Persons
Extremely Low (30%)
$24,700
Very Low (50%)
$41,100
Low (80%)
$65,750
4 Persons
Extremely Low (30%)
$27,400
Very Low (50%)
$45,650
Low (80%)
$73,050
5 Persons
Extremely Low (30%)
$31,040
Very Low (50%)
$49,350
Low (80%)
$78,900
6 Persons
Extremely Low (30%)
$35,580
Very Low (50%)
$53,000
Low (80%)
$84,750
7 Persons
Extremely Low (30%)
$40,120
Very Low (50%)
$56,650
Low (80%)
$90,600
8 Persons
Extremely Low (30%)
$44,660
Very Low (50%)
$60,300
Low (80%)
$96,450

Tax Credit Program Details

Year Placed in Service
2008
LIHTC Credit Type
3
Low-Income Units
72 / 72
Target Population
Families

Frequently Asked Questions

What is the average rent for affordable housing in Pleasant Hill, 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 Canterbury Park Iii is typically 30% of household income or less.

What size apartments are available at Canterbury Park Iii?+

Canterbury Park Iii offers the following unit types: 18 One-Bedroom, 36 Two-Bedroom, 18 Three-Bedroom units, for a total of 72 units.

Who manages Canterbury Park Iii?+

Canterbury Park Iii is managed by . You can reach them at . Visit their website for more information.

Who is eligible to live at Canterbury Park Iii?+

Canterbury Park Iii primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.

How do I apply for housing at Canterbury Park Iii?+

Canterbury Park Iii 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 is the price range for apartments in Pleasant Hill, IA?+

Based on Fair Market Rent for Polk County, the estimated price range is: 1-bedroom: $899, 2-bedroom: $1080, 3-bedroom: $1477. Actual rent at Canterbury Park Iii may be lower for income-eligible households.

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.

Begin Application Now

Walk Score

Car-Dependent

45
Walk
36
Bike

Nearby Schools

Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.

Location

Polk County, IA

View on Google Maps