Des Moines Greystone Homes LP — Income-Restricted Housing in Des Moines, IA 50314
1160 Mlk Jr Pkwy, Des Moines, IA 50314
26 units · 4+ 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
- 2013
- Income limit
- 60% AMI
- Bedrooms
- 26 4+ bedrooms
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Nearby income-restricted buildings
Martin Luther King Brickstone Development
1039 19th St, Des Moines, IA 50314
0.2 mi away
18 units · 1–2 BR
13th & Forest Single Family Housing I
1312 13th St, Des Moines, IA 50314
0.5 mi away
10 units
- Affordability period may have ended — call to confirm
13th & Forest Single Family Housing II
1316 13th St, Des Moines, IA 50314
0.5 mi away
5 units
- Affordability period may have ended — call to confirm
13th & Forest Single Family Housing III
1312 13th Pl, Des Moines, IA 50314
0.5 mi away
6 units · 3 BR
- Affordability period may have ended — call to confirm
Oakridge Neighborhood (Dmacc)
926 Oakridge Dr, Des Moines, IA 50314
0.5 mi away
150 units · Studio–4+ BR
Rents and income limits in 50314
- Fair market rent, 2 bedrooms
- $1,160/mo
- Income needed to pay it at 30% of income
- $46,400/yr
- Renters in 50314 paying 30% or more of income on rent
- 70%
Income limits (2026)
Des Moines-West Des Moines, IA area · median family income $116,400. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $24,450 | $40,750 | $65,200 |
| 2 | $27,950 | $46,600 | $74,500 |
| 3 | $31,450 | $52,400 | $83,800 |
| 4 | $34,900 | $58,200 | $93,100 |
| 5 | $38,680 | $62,900 | $100,550 |
| 6 | $44,360 | $67,550 | $108,000 |
| 7 | $50,040 | $72,200 | $115,450 |
| 8 | $55,720 | $76,850 | $122,900 |
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 | 50314 | Wider area |
|---|---|---|
| Studio | $940 | $1,102 |
| 1 bedroom | $980 | $1,145 |
| 2 bedrooms | $1,160 | $1,360 |
| 3 bedrooms | $1,580 | $1,856 |
| 4 bedrooms | $1,620 | $1,901 |
Wider area = Des Moines-West Des Moines, IA. Two-bedroom fair market rents in 12 nearby ZIPs range from $1,180 (50316) to $1,610 (50324).
Census figures for 50314 (2020–2024 average): median rent $950. Median household income $39,950. 52% of homes are rented. 70% of renters pay 30% or more of their income on rent, and 47% 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 50314's fair market rent.
Estimate your Section 8 rent share for 50314Frequently Asked Questions
How do I apply to Des Moines Greystone Homes LP?
No phone is listed for Des Moines Greystone Homes LP. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Des Moines Greystone Homes LP Section 8 housing?
Des Moines Greystone Homes LP is listed as income-restricted housing in Des Moines, IA 50314 (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 Des Moines Greystone Homes LP?
Public records list 26 units at Des Moines Greystone Homes LP in Des Moines, IA 50314. That is a building size, not a count of open apartments.
Are there other affordable apartments near Des Moines Greystone Homes LP?
Yes — this page lists other income-restricted buildings in 50314 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 Des Moines Greystone Homes LP?
Call the number on this page and ask about the waiting list or how to apply at Des Moines Greystone Homes LP in Des Moines, IA 50314. 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 Des Moines, IA 50314?
Most income-restricted buildings in Des Moines, IA 50314 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 $40,750, and $58,200 for a 4-person household. Public housing can go up to 80% ($65,200 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 Des Moines, IA 50314?
For many programs in Des Moines, IA 50314, the 2026 HUD very low-income (50%) limit is $40,750 a year for 1 person and $58,200 for 4 people. The low-income (80%) limit is $65,200 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 Des Moines, IA 50314?
In public housing and most Section 8 in Des Moines, IA 50314, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Des Moines, IA 50314 is $1,160 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 Des Moines Greystone Homes LP take Section 8 vouchers?
This file does not say that Des Moines Greystone Homes LP has a project-based Section 8 contract. Some landlords in Des Moines, IA 50314 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Des Moines Greystone Homes LP.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, 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.