Suburban Estates 03 — Income-Restricted Housing in Armstrong, IA 50514

807 C Ave, Armstrong, IA 50514

USDA rural

12 units · 1–2 BR

Directions

How to apply

  1. Managed by Murphy Enterprises. USDA does not publish a phone number for this property.
  2. Find contact info on USDA's Multifamily Housing programs page.
  3. These records do not show openings — call to confirm vacancies and waiting lists.

At this building

Opened
1980
Bedrooms
8 1 bedroom · 4 2 bedrooms
USDA rental assistance
6 units (tenant pays about 30% of income)
Managed by
Murphy Enterprises

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Nearby income-restricted buildings

  • Columbian Blvd 041

    700 Columbian Blvd, Armstrong, IA 50514

    0.3 mi away

    USDA ruralSeniors

    12 units · 1–2 BR

    • 1 vacant unit reported (Oct 2026) — call to confirm
    No phone listedDetailsDirections

Rents and income limits in 50514

Fair market rent, 2 bedrooms
$930/mo
Income needed to pay it at 30% of income
$37,200/yr
Renters in 50514 paying 30% or more of income on rent
20%

Income limits (2026)

Emmet County, IA area · median family income $87,600. Your household's yearly income before taxes must be at or below the limit.

PeopleExtremely low 30%Very low 50%Low 80%
1$19,800$32,950$52,750
2$22,600$37,650$60,250
3$27,320$42,350$67,800
4$33,000$47,050$75,300
5$38,680$50,850$81,350
6$44,360$54,600$87,350
7$50,040$58,350$93,400
8$55,720$62,150$99,400

Section 8 vouchers: up to the 50% limit, and most go to households under 30%. Public housing: up to 80%. Tax-credit apartments: usually up to 60% of median income, between the 50% and 80% columns.

Fair market rents (2027)

HUD's estimate of rent plus utilities for a modest home. Housing authorities set Section 8 voucher limits from it.

Size50514Wider area
Studio$690$688
1 bedroom$780$778
2 bedrooms$930$927
3 bedrooms$1,230$1,247
4 bedrooms$1,250$1,251

Wider area = Emmet County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $930 (50578) to $1,020 (56121).

Census figures for 50514 (2020–2024 average): median rent $612. Median household income $73,000. 19% of homes are rented. 20% of renters pay 30% or more of their income on rent, and 18% pay half or more.

Census median rent is what renters here actually pay, including long-term leases. Fair market rent is HUD's estimate for a modest apartment available now.

Sources: HUD income limits FY2026; HUD Fair Market Rents FY2027 (Small Area FMR for ZIP figures); U.S. Census Bureau American Community Survey 5-year 2020–2024. Each program and building can set its own limits — confirm with the property.

Estimate your Section 8 rent share

Project-based Section 8 is on the buildings above. A Housing Choice Voucher is different: you apply with the housing authority, then find a landlord who takes it. Your share of rent is based on income — not always 30%. The calculator uses 50514's fair market rent.

Estimate your Section 8 rent share for 50514

Frequently Asked Questions

How do I apply to Suburban Estates 03?

No phone is listed for Suburban Estates 03. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Suburban Estates 03 Section 8 housing?

Suburban Estates 03 is listed as income-restricted housing in Armstrong, IA 50514 (usda). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.

How many units are at Suburban Estates 03?

Public records list 12 units at Suburban Estates 03 in Armstrong, IA 50514. That is a building size, not a count of open apartments.

Are there other affordable apartments near Suburban Estates 03?

Yes — this page lists other income-restricted buildings in 50514 and nearby ZIP codes. Open a nearby card for the address and phone. Lists still do not show vacancies.

People Also Ask

How do I get into Suburban Estates 03?

Call the number on this page and ask about the waiting list or how to apply at Suburban Estates 03 in Armstrong, IA 50514. Public housing is through the housing authority. Bring ID and income documents when they tell you to. This site cannot submit an application for you.

How do I qualify for affordable housing in Armstrong, IA 50514?

Most income-restricted buildings in Armstrong, IA 50514 serve households at or below 50% or 80% of area median income. HUD's 2026 very low-income (50%) limit for a 1-person household is $32,950, and $47,050 for a 4-person household. Public housing can go up to 80% ($52,750 for 1 person). Each building sets its own cap — call to confirm before you apply. Citizenship, household size, and local preferences can also apply.

What is the income limit for low-income housing in Armstrong, IA 50514?

For many programs in Armstrong, IA 50514, the 2026 HUD very low-income (50%) limit is $32,950 a year for 1 person and $47,050 for 4 people. The low-income (80%) limit is $52,750 for 1 person. Tax-credit buildings often use 60% of median income. Confirm with the property — they can be stricter.

How much rent do you pay for low-income housing in Armstrong, IA 50514?

In public housing and most Section 8 in Armstrong, IA 50514, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Armstrong, IA 50514 is $930 a month (rent plus utilities for a modest unit). Tax-credit apartments use set rents below market, not always 30% of income. Call the building for the actual rent; this site is not a vacancy or price list.

Does Suburban Estates 03 take Section 8 vouchers?

This file does not say that Suburban Estates 03 has a project-based Section 8 contract. Some landlords in Armstrong, IA 50514 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Suburban Estates 03.

Sources: USDA Rural Development multifamily, Oct 2026. Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.