Cypress Lofts — Income-Restricted Housing in Cedar Rapids, IA 52404
1225 Jacolyn Dr SW, Cedar Rapids, IA 52404
51 units · 45 income-restricted · 1–3 BR
How to apply
- No phone is listed. Try visiting the property or asking the city housing office how to apply.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2019
- Income limit
- 60% AMI
- Bedrooms
- 6 1 bedroom · 33 2 bedrooms · 12 3 bedrooms
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Nearby income-restricted buildings
Raintree Apts
4850 16th Ave SW, Cedar Rapids, IA 52404
0.1 mi away
72 units · 1–2 BR
- Affordability period may have ended — call to confirm
Westdale Apartments (aka the Avenue)
5200 16th Avenue SW, Cedar Rapids, IA 52404
0.2 mi away
152 units · 1–2 BR
Ashton Flats
214 7th Avesw, Cedar Rapids, IA 52404
2.6 mi away
52 units · 46 income-restricted · 1–3 BR
Kingston Village
600 2nd St SW, Cedar Rapids, IA 52404
3.1 mi away
64 units · 54 income-restricted · 1–4+ BR
Rents and income limits in 52404
- Fair market rent, 2 bedrooms
- $1,080/mo
- Income needed to pay it at 30% of income
- $43,200/yr
- Renters in 52404 paying 30% or more of income on rent
- 43%
Income limits (2026)
Cedar Rapids, IA area · median family income $105,300. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $22,150 | $36,900 | $59,000 |
| 2 | $25,300 | $42,150 | $67,400 |
| 3 | $28,450 | $47,400 | $75,850 |
| 4 | $33,000 | $52,650 | $84,250 |
| 5 | $38,680 | $56,900 | $91,000 |
| 6 | $44,360 | $61,100 | $97,750 |
| 7 | $50,040 | $65,300 | $104,500 |
| 8 | $55,720 | $69,500 | $111,250 |
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.
| Size | 52404 | Wider area |
|---|---|---|
| Studio | $800 | $734 |
| 1 bedroom | $870 | $806 |
| 2 bedrooms | $1,080 | $1,054 |
| 3 bedrooms | $1,500 | $1,459 |
| 4 bedrooms | $1,810 | $1,762 |
Wider area = Cedar Rapids, IA. Two-bedroom fair market rents in 10 nearby ZIPs range from $970 (52401) to $1,580 (52228).
Census figures for 52404 (2020–2024 average): median rent $916. Median household income $61,870. 34% of homes are rented. 43% 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 52404's fair market rent.
Estimate your Section 8 rent share for 52404Frequently Asked Questions
How do I apply to Cypress Lofts?
No phone is listed for Cypress Lofts. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Cypress Lofts Section 8 housing?
Cypress Lofts is listed as income-restricted housing in Cedar Rapids, IA 52404 (lihtc). It is not labeled as project-based Section 8 in this file. Call to ask which programs they run.
How many units are at Cypress Lofts?
Public records list 51 units at Cypress Lofts in Cedar Rapids, IA 52404. That is a building size, not a count of open apartments.
Are there other affordable apartments near Cypress Lofts?
Yes — this page lists other income-restricted buildings in 52404 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 Cypress Lofts?
Call the number on this page and ask about the waiting list or how to apply at Cypress Lofts in Cedar Rapids, IA 52404. 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 Cedar Rapids, IA 52404?
Most income-restricted buildings in Cedar Rapids, IA 52404 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 $36,900, and $52,650 for a 4-person household. Public housing can go up to 80% ($59,000 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 Cedar Rapids, IA 52404?
For many programs in Cedar Rapids, IA 52404, the 2026 HUD very low-income (50%) limit is $36,900 a year for 1 person and $52,650 for 4 people. The low-income (80%) limit is $59,000 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 Cedar Rapids, IA 52404?
In public housing and most Section 8 in Cedar Rapids, IA 52404, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Cedar Rapids, IA 52404 is $1,080 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 Cypress Lofts take Section 8 vouchers?
This file does not say that Cypress Lofts has a project-based Section 8 contract. Some landlords in Cedar Rapids, IA 52404 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Cypress Lofts.
Sources: HUD LIHTC database, 2024 (released Apr 2026). Not affiliated with HUD or USDA. Details can be out of date — confirm with the property before applying. Report a correction.