Hotel Iowana — Income-Restricted Housing in Creston, IA 50801
203 W Montgomery St, Creston, IA 50801
24 units · 1–2 BR
- 1 vacant unit reported (Oct 2026) — call to confirm
How to apply
- Managed by Right Way Management Services Ll. USDA does not publish a phone number for this property.
- Find contact info on USDA's Multifamily Housing programs page.
- These records do not show openings — call to confirm vacancies and waiting lists.
At this building
- Opened
- 2011
- Income limit
- 60% AMI
- Bedrooms
- 14 1 bedroom · 10 2 bedrooms
- USDA rental assistance
- 24 units (tenant pays about 30% of income)
- Accessible units
- 3
- Managed by
- Right Way Management Services Ll
Map loads here…
This buildingNearbyOpen a pin for the building name.
Nearby income-restricted buildings
Creston Park Apts
402 N Oak St, Creston, IA 50801
0.2 mi away
24 units
- Affordability period may have ended — call to confirm
Regency Park
612 Grand Ave, Creston, IA 50801
0.7 mi away
100 units · 1–2 BR
- 6 vacant units reported (Oct 2026) — call to confirm
Green Valley Manor
122-124 Manor Dr, Creston, IA 50801
1.1 mi away
48 units · 47 income-restricted · Studio–3 BR
Rd Cg LLLP
1501 North Lincoln Ave, Creston, IA 50801
2.8 mi away
40 units · 1–3 BR
- 16 vacant units reported (Oct 2026) — call to confirm
Rents and income limits in 50801
- Fair market rent, 2 bedrooms
- $930/mo
- Income needed to pay it at 30% of income
- $37,200/yr
- Renters in 50801 paying 30% or more of income on rent
- 36%
Income limits (2026)
Union County, IA area · median family income $81,300. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $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.
| Size | 50801 | Wider area |
|---|---|---|
| Studio | $650 | $646 |
| 1 bedroom | $710 | $709 |
| 2 bedrooms | $930 | $927 |
| 3 bedrooms | $1,210 | $1,210 |
| 4 bedrooms | $1,220 | $1,218 |
Wider area = Union County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $930 (50842) to $1,010 (50859).
Census figures for 50801 (2020–2024 average): median rent $716. Median household income $58,015. 31% of homes are rented. 36% of renters pay 30% or more of their income on rent, and 26% 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 50801's fair market rent.
Estimate your Section 8 rent share for 50801Frequently Asked Questions
How do I apply to Hotel Iowana?
No phone is listed for Hotel Iowana. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Hotel Iowana Section 8 housing?
Hotel Iowana is listed as income-restricted housing in Creston, IA 50801 (lihtc, 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 Hotel Iowana?
Public records list 24 units at Hotel Iowana in Creston, IA 50801. That is a building size, not a count of open apartments.
Are there other affordable apartments near Hotel Iowana?
Yes — this page lists other income-restricted buildings in 50801 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 Hotel Iowana?
Call the number on this page and ask about the waiting list or how to apply at Hotel Iowana in Creston, IA 50801. 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 Creston, IA 50801?
Most income-restricted buildings in Creston, IA 50801 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 Creston, IA 50801?
For many programs in Creston, IA 50801, 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 Creston, IA 50801?
In public housing and most Section 8 in Creston, IA 50801, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Creston, IA 50801 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 Hotel Iowana take Section 8 vouchers?
This file does not say that Hotel Iowana has a project-based Section 8 contract. Some landlords in Creston, IA 50801 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Hotel Iowana.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; 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. To add a different building, use the suggestion rubric.