Malcom Manor — Income-Restricted Housing in Malcom, IA 50157
608 Clay St, Malcom, IA 50157
9 units · 1–2 BR
How to apply
- 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
- 1980
- Bedrooms
- 7 1 bedroom · 2 2 bedrooms
- USDA rental assistance
- 7 units (tenant pays about 30% of income)
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Nearby income-restricted buildings
Brooklyn Housing
204 W 2nd Ave, Brooklyn, IA 52211
5.2 mi away
35 units · 1–2 BR
- 12 vacant units reported (Oct 2026) — call to confirm
Sunny View Square
504 E Ogden St, Montezuma, IA 50171
9.1 mi away
32 units · 1–2 BR
- 9 vacant units reported (Oct 2026) — call to confirm
The Arbor's
401 Washington Ave, Grinnell, IA 50112
9.4 mi away
42 units · 39 income-restricted · 2–3 BR · People with disabilities
Poynter Apartments
412 3rd Ave, Grinnell, IA 50112
9.4 mi away
8 units · 1 BR · People with disabilities
Grinnell Estates
2020 West St, Grinnell, IA 50112
9.6 mi away
24 units · 1 BR
- 4 vacant units reported (Oct 2026) — call to confirm
Rents and income limits in 50157
- Fair market rent, 2 bedrooms
- $930/mo
- Income needed to pay it at 30% of income
- $37,200/yr
Income limits (2026)
Poweshiek County, IA area · median family income $97,000. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $20,400 | $33,950 | $54,350 |
| 2 | $23,300 | $38,800 | $62,100 |
| 3 | $27,320 | $43,650 | $69,850 |
| 4 | $33,000 | $48,500 | $77,600 |
| 5 | $38,680 | $52,400 | $83,850 |
| 6 | $44,360 | $56,300 | $90,050 |
| 7 | $50,040 | $60,150 | $96,250 |
| 8 | $55,720 | $64,050 | $102,450 |
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 | 50157 | Wider area |
|---|---|---|
| Studio | $670 | $729 |
| 1 bedroom | $780 | $854 |
| 2 bedrooms | $930 | $1,014 |
| 3 bedrooms | $1,280 | $1,403 |
| 4 bedrooms | $1,310 | $1,433 |
Wider area = Poweshiek County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $980 (52232) to $1,040 (52211).
Census figures for 50157 (2020–2024 average): median rent $638. Median household income $115,000. 18% of homes are rented.
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 50157's fair market rent.
Estimate your Section 8 rent share for 50157Frequently Asked Questions
How do I apply to Malcom Manor?
No phone is listed for Malcom Manor. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Malcom Manor Section 8 housing?
Malcom Manor is listed as income-restricted housing in Malcom, IA 50157 (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 Malcom Manor?
Public records list 9 units at Malcom Manor in Malcom, IA 50157. That is a building size, not a count of open apartments.
Are there other affordable apartments near Malcom Manor?
Yes — this page lists other income-restricted buildings in 50157 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 Malcom Manor?
Call the number on this page and ask about the waiting list or how to apply at Malcom Manor in Malcom, IA 50157. 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 Malcom, IA 50157?
Most income-restricted buildings in Malcom, IA 50157 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 $33,950, and $48,500 for a 4-person household. Public housing can go up to 80% ($54,350 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 Malcom, IA 50157?
For many programs in Malcom, IA 50157, the 2026 HUD very low-income (50%) limit is $33,950 a year for 1 person and $48,500 for 4 people. The low-income (80%) limit is $54,350 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 Malcom, IA 50157?
In public housing and most Section 8 in Malcom, IA 50157, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Malcom, IA 50157 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 Malcom Manor take Section 8 vouchers?
This file does not say that Malcom Manor has a project-based Section 8 contract. Some landlords in Malcom, IA 50157 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Malcom Manor.
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.