About This Property
River Valley Homes provides 30 three-bedroom units for low-income families in Iola, Kansas. The property has been in service since 2009 and is situated in Allen County. Interested applicants can contact the property management for availability and application information.
Waitlist Information
Waitlist managed by Iola Housing Authority
Pre-applications are currently accepted for families and senior/disabled individuals for units ranging from studio to 4 bedrooms. No specific preferences were noted. To apply, individuals must call the Iola Housing Authority to schedule an application interview and bring required documents including Social Security Cards, birth certificates, proof of income, and photo IDs. A criminal history check is performed.
The Iola Housing Authority Voucher Programs department is accepting pre-applications. For application details, contact the Iola Housing Authority at (620) 365-5143. No specific preferences or restrictions for the voucher program were found.
Waitlist data provided by section8waitlist.org
Updated April 17, 2026
Property Details
Fair Market Rent - Allen County, KS
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $603 |
| 1 Bedroom | $671 |
| 2 Bedroom | $882 |
| 3 Bedroom | $1,095 |
| 4 Bedroom | $1,244 |
Income Limits - Allen County, KS
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $13,700
- Very Low (50%)
- $22,800
- Low (80%)
- $36,500
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $26,050
- Low (80%)
- $41,700
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $29,300
- Low (80%)
- $46,900
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $32,550
- Low (80%)
- $52,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $35,200
- Low (80%)
- $56,300
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $37,800
- Low (80%)
- $60,450
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $40,400
- Low (80%)
- $64,650
- Extremely Low (30%)
- $43,000
- Very Low (50%)
- $43,000
- Low (80%)
- $68,800
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $13,700 | $22,800 | $36,500 |
| 2 Persons | $17,420 | $26,050 | $41,700 |
| 3 Persons | $21,960 | $29,300 | $46,900 |
| 4 Persons | $26,500 | $32,550 | $52,100 |
| 5 Persons | $31,040 | $35,200 | $56,300 |
| 6 Persons | $35,580 | $37,800 | $60,450 |
| 7 Persons | $40,120 | $40,400 | $64,650 |
| 8 Persons | $43,000 | $43,000 | $68,800 |
Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Iola, KS?+
The Fair Market Rent (FMR) for Allen County, KS is: $603 (Studio), $671 (1BR), $882 (2BR), $1095 (3BR), $1244 (4BR). Actual rent at subsidized properties like River Valley Homes is typically 30% of household income or less.
What size apartments are available at River Valley Homes?+
River Valley Homes offers the following unit types: 30 Three-Bedroom units, for a total of 30 units.
What are the income limits for affordable housing in Allen County, KS?+
For a 4-person household in Allen County, KS, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $32,550, Low Income (80% AMI): $52,100. These limits are set by HUD and updated annually.
Who is eligible to live at River Valley Homes?+
River Valley Homes 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 River Valley Homes?+
River Valley Homes 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 Iola, KS?+
Based on Fair Market Rent for Allen County, the estimated price range is: 3-bedroom: $1095. Actual rent at River Valley Homes may be lower for income-eligible households.
Who manages River Valley Homes?+
River Valley Homes is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for River Valley Homes?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Open. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
Contact Information
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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