Valley Apts — Income-Restricted Housing in Shenandoah, IA 51601
302 S Iowa St, Shenandoah, IA 51601
48 units · 1–3 BR
- Affordability period may have ended — call to confirm
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
- 1995
- Bedrooms
- 12 1 bedroom · 26 2 bedrooms · 10 3 bedrooms
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Nearby income-restricted buildings
Autumn Park Apartments ~ Shenandoah
201 N Blossom St, Shenandoah, IA 51601
0.6 mi away
55 units · 1 BR · People with disabilities
Forest Park Manor
707 W Summit Ave Apt 111, Shenandoah, IA 51601
0.6 mi away
78 units · 1 BR
- Apply through Shenandoah Low Rent Housing Agency
- Residents waited about 1 month to move in (HUD, Oct 2026)
Nishna Productions Group Home
304 W. Valley, Shenandoah, IA 51601
0.8 mi away
24 units · 1 BR · People with disabilities
Shenwood Apts
27 Keith Dr, Shenandoah, IA 51601
1.7 mi away
23 units · 2 BR
- 2 vacant units reported (Oct 2026) — call to confirm
Admiral Manor
714 Jackson Ave Apt 1, Farragut, IA 51639
5.7 mi away
20 units · 1–2 BR
- Apply through Low Rent Housing Agency Of Farragut
Southview Village
604 South Ave Apt 1, Essex, IA 51638
6.1 mi away
15 units · 1 BR
- Apply through Essex Low Rent Housing Agency
Rents and income limits in 51601
- Fair market rent, 2 bedrooms
- $960/mo
- Income needed to pay it at 30% of income
- $38,400/yr
- Renters in 51601 paying 30% or more of income on rent
- 48%
Income limits (2026)
Page County, IA area · median family income $84,300. 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 | 51601 | Wider area |
|---|---|---|
| Studio | $710 | $688 |
| 1 bedroom | $730 | $709 |
| 2 bedrooms | $960 | $927 |
| 3 bedrooms | $1,230 | $1,184 |
| 4 bedrooms | $1,300 | $1,255 |
Wider area = Page County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $930 (51639) to $940 (51647).
Census figures for 51601 (2020–2024 average): median rent $780. Median household income $62,143. 40% of homes are rented. 48% of renters pay 30% or more of their income on rent, and 25% 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 51601's fair market rent.
Estimate your Section 8 rent share for 51601Frequently Asked Questions
How do I apply to Valley Apts?
No phone is listed for Valley Apts. Try the city housing office or, for USDA rural properties, USDA's Multifamily Housing search. These records do not show openings.
Is Valley Apts Section 8 housing?
Valley Apts is listed as income-restricted housing in Shenandoah, IA 51601 (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 Valley Apts?
Public records list 48 units at Valley Apts in Shenandoah, IA 51601. That is a building size, not a count of open apartments.
Are there other affordable apartments near Valley Apts?
Yes — this page lists other income-restricted buildings in 51601 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 Valley Apts?
Call the number on this page and ask about the waiting list or how to apply at Valley Apts in Shenandoah, IA 51601. 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 Shenandoah, IA 51601?
Most income-restricted buildings in Shenandoah, IA 51601 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 Shenandoah, IA 51601?
For many programs in Shenandoah, IA 51601, 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 Shenandoah, IA 51601?
In public housing and most Section 8 in Shenandoah, IA 51601, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Shenandoah, IA 51601 is $960 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 Valley Apts take Section 8 vouchers?
This file does not say that Valley Apts has a project-based Section 8 contract. Some landlords in Shenandoah, IA 51601 accept Housing Choice Vouchers; you have to ask. Apply for a voucher with the housing authority, then call Valley Apts.
Sources: HUD LIHTC database, 2024 (released Apr 2026); HUD Multifamily Assisted Properties, Oct 2026; HUD Public Housing Developments, 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.