About This Property
Sherwood Place comprises 32 low-income residential units in Council Bluffs, Iowa, serving families with a mix of 16 two-bedroom and 16 three-bedroom apartments. The property has been in service since 2001 and utilizes 9% Low-Income Housing Tax Credits. A non-profit organization owns and operates the community.
Waitlist Information
Waitlist managed by Municipal Housing Agency of Council Bluffs
Preferences were given to elderly and disabled families, families who live, work, or have been hired to work within Council Bluffs city limits, low-income families residing in Council Bluffs, near elderly families, families displaced by natural disaster or government action, and victims of domestic abuse.
Preference points are given to elderly persons, persons with disabilities, and persons living or working in the city of Council Bluffs. Minimum rent is $50 per month.
Waitlist data provided by section8waitlist.org
Updated April 18, 2026
Property Details
Fair Market Rent - Pottawattamie 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 | $895 |
| 1 Bedroom | $971 |
| 2 Bedroom | $1,170 |
| 3 Bedroom | $1,562 |
| 4 Bedroom | $1,733 |
Income Limits - Pottawattamie County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,450
- Very Low (50%)
- $30,750
- Low (80%)
- $49,200
- Extremely Low (30%)
- $21,100
- Very Low (50%)
- $35,150
- Low (80%)
- $56,200
- Extremely Low (30%)
- $23,750
- Very Low (50%)
- $39,550
- Low (80%)
- $63,250
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $43,900
- Low (80%)
- $70,250
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $47,450
- Low (80%)
- $75,900
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $50,950
- Low (80%)
- $81,500
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $54,450
- Low (80%)
- $87,150
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $57,950
- Low (80%)
- $92,750
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,450 | $30,750 | $49,200 |
| 2 Persons | $21,100 | $35,150 | $56,200 |
| 3 Persons | $23,750 | $39,550 | $63,250 |
| 4 Persons | $26,500 | $43,900 | $70,250 |
| 5 Persons | $31,040 | $47,450 | $75,900 |
| 6 Persons | $35,580 | $50,950 | $81,500 |
| 7 Persons | $40,120 | $54,450 | $87,150 |
| 8 Persons | $44,660 | $57,950 | $92,750 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Council Bluffs, IA?+
The Fair Market Rent (FMR) for Pottawattamie County, IA is: $895 (Studio), $971 (1BR), $1170 (2BR), $1562 (3BR), $1733 (4BR). Actual rent at subsidized properties like Sherwood Place is typically 30% of household income or less.
What size apartments are available at Sherwood Place?+
Sherwood Place offers the following unit types: 16 Two-Bedroom, 16 Three-Bedroom units, for a total of 32 units.
Is there a waitlist for Sherwood Place?+
Public Housing waitlist is currently Closed. 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 Sherwood Place?+
Sherwood Place 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 is eligible to live at Sherwood Place?+
Sherwood Place primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Council Bluffs, IA?+
Based on Fair Market Rent for Pottawattamie County, the estimated price range is: 2-bedroom: $1170, 3-bedroom: $1562. Actual rent at Sherwood Place may be lower for income-eligible households.
What are the income limits for affordable housing in Pottawattamie County, IA?+
For a 4-person household in Pottawattamie County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $43,900, Low Income (80% AMI): $70,250. These limits are set by HUD and updated annually.
Who manages Sherwood Place?+
Sherwood Place is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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