Corydon 01-4 — Income-Restricted Housing in Corydon, IA 50060

511 E Jackson St, Corydon, IA 50060

USDA ruralSeniors

24 units · 1 BR

Directions

How to apply

  1. Managed by Right Way Management Services Ll. 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
1975
Bedrooms
48 1 bedroom
USDA rental assistance
38 units (tenant pays about 30% of income)
Accessible units
3
Managed by
Right Way Management Services Ll

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Rents and income limits in 50060

Fair market rent, 2 bedrooms
$980/mo
Income needed to pay it at 30% of income
$39,200/yr
Renters in 50060 paying 30% or more of income on rent
40%

Income limits (2026)

Wayne County, IA area · median family income $85,800. 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.

Size50060Wider area
Studio$730$688
1 bedroom$760$723
2 bedrooms$980$927
3 bedrooms$1,300$1,232
4 bedrooms$1,320$1,251

Wider area = Wayne County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $930 (50052) to $980 (50165).

Census figures for 50060 (2020–2024 average): median rent $780. Median household income $63,438. 23% of homes are rented. 40% 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 50060's fair market rent.

Estimate your Section 8 rent share for 50060

Frequently Asked Questions

How do I apply to Corydon 01-4?

No phone is listed for Corydon 01-4. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.

Is Corydon 01-4 Section 8 housing?

Corydon 01-4 is listed as income-restricted housing in Corydon, IA 50060 (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 Corydon 01-4?

Public records list 24 units at Corydon 01-4 in Corydon, IA 50060. That is a building size, not a count of open apartments.

Are there other affordable apartments near Corydon 01-4?

Yes — this page lists other income-restricted buildings in 50060 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 Corydon 01-4?

Call the number on this page and ask about the waiting list or how to apply at Corydon 01-4 in Corydon, IA 50060. 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 Corydon, IA 50060?

Most income-restricted buildings in Corydon, IA 50060 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 Corydon, IA 50060?

For many programs in Corydon, IA 50060, 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 Corydon, IA 50060?

In public housing and most Section 8 in Corydon, IA 50060, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Corydon, IA 50060 is $980 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 Corydon 01-4 take Section 8 vouchers?

This file does not say that Corydon 01-4 has a project-based Section 8 contract. Some landlords in Corydon, IA 50060 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Corydon 01-4.

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.