Affordable & Low-Income Housing in Altoona, IA 50009
8 affordable buildings in 50009 · 96 more within 9 mi
Altoona, IA 50009 has 8 income-restricted buildings: 7 tax credit, 2 senior, and 2 usda rural. 96 more are listed within 9 miles. These lists don't show openings — call to ask about vacancies and waiting lists.
In 50009
Cloveridge Apts
858 8th St SE, Altoona, IA 50009
24 units · 1 BR · People with disabilities
- 1 vacant unit reported (Oct 2026) — call to confirm
Oakland Pointe
623 17th Ave NW, Altoona, IA 50009
89 units · 1–3 BR · People with disabilities
- Affordability period may have ended — call to confirm
Oakland Pointe
619 17th Ave NW, Altoona, IA 50009
42 units · 1–3 BR · People with disabilities
- Affordability period may have ended — call to confirm
No buildings in 50009 match this filter.
Nearby
The 20 closest of 96 in nearby ZIPs. Pick a ZIP below to see all of them.
Spring Creek Apartments
6120 NE 12th Ave, Pleasant Hill, IA 50327
3.4 mi away
36 units · 32 income-restricted · 2 BR
Candleridge VII LLC
515 Brick Street SE, Bondurant, IA 50035
3.4 mi away
154 units · 1 BR
- 29 vacant units reported (Oct 2026) — call to confirm
Canterbury Heights
755 NE 56th St, Pleasant Hill, IA 50327
3.9 mi away
62 units · 55 income-restricted · 1–2 BR
Maple Lane Apts
4041 Fredrick Hubbell Ave, Des Moines, IA 50317
3.9 mi away
28 units · 26 income-restricted
Canterbury Park Apts II
925 Sherrylynn Blvd, Pleasant Hill, IA 50327
4 mi away
49 units · 48 income-restricted · 1–3 BR
Cottages of Pleasant Hill
555 North Walnut, Pleasant Hill, IA 50317
4.3 mi away
60 units · 1–2 BR
- Affordability period may have ended — call to confirm
Hilltop Senior
3720 E Douglas Ave, Des Moines, IA 50317
4.5 mi away
98 units · 87 income-restricted · 1–4+ BR
Parkside East Apts I
3640 E Douglas, Des Moines, IA 50317
4.5 mi away
43 units · 42 income-restricted · 1–3 BR
Park Winds Apartments
3604 E. Douglas Ave, Des Moines, IA 50317
4.6 mi away
96 units · 95 income-restricted · 1–3 BR
2420 E 37th Ct
2420 E 37th Ct, Des Moines, IA 50317
4.7 mi away
1 unit
- Affordability period may have ended — call to confirm
Eastview Manor
3700 E 31st St, Des Moines, IA 50317
5.1 mi away
190 units · 1–2 BR
- Apply through Des Moines Municipal Housing Agency
- Residents waited about 9 months to move in (HUD, Oct 2026)
- Most residents are 62 or older
1211 E 36th Ct
1211 E 36th Ct, Des Moines, IA 50317
5.2 mi away
1 unit
- Affordability period may have ended — call to confirm
No nearby buildings match this filter.
Rents and income limits in 50009
- Fair market rent, 2 bedrooms
- $1,440/mo
- Income needed to pay it at 30% of income
- $57,600/yr
- Renters in 50009 paying 30% or more of income on rent
- 48%
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 | 50009 | Wider area |
|---|---|---|
| Studio | $1,170 | $1,102 |
| 1 bedroom | $1,210 | $1,145 |
| 2 bedrooms | $1,440 | $1,360 |
| 3 bedrooms | $1,970 | $1,856 |
| 4 bedrooms | $2,010 | $1,901 |
Wider area = Des Moines-West Des Moines, IA. Two-bedroom fair market rents in 12 nearby ZIPs range from $930 (50237) to $1,690 (50021).
Census figures for 50009 (2020–2024 average): median rent $1,232. Median household income $88,447. 29% of homes are rented. 48% of renters pay 30% or more of their income on rent, and 21% 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 50009's fair market rent.
Estimate your Section 8 rent share for 50009Frequently Asked Questions
Is there Section 8 housing in Altoona, IA 50009?
Yes — this directory lists income-restricted buildings in Altoona, IA 50009, including project-based Section 8 apartments (the subsidy stays with the unit), public housing, tax-credit, and USDA rural rentals. Housing Choice Vouchers are different: you apply with the local housing authority and can use them at a private landlord. Estimate your voucher rent share with the Section 8 calculator.
Do affordable housing buildings in Altoona, IA 50009 have openings?
These lists for Altoona, IA 50009 don't show openings. Call the property (or the housing authority, for public housing) to ask about vacancies and waiting lists.
How do I apply for affordable housing in Altoona, IA 50009?
Use the phone number on each building card in Altoona, IA 50009. Public housing is run by the local housing authority — apply with them, not at the building. USDA rural rentals can also be found through USDA's property search.
What counts as affordable housing in Altoona, IA 50009?
In Altoona, IA 50009, this directory lists income-restricted rentals from HUD tax-credit (LIHTC) records, public housing, HUD-assisted buildings (including project-based Section 8, 202, and 811), and USDA Rural Development.
How many affordable housing buildings are in ZIP 50009?
This directory lists 8 income-restricted buildings in Altoona, IA 50009. The list does not show vacancies — call each property or the housing authority to ask about openings and waiting lists.
Is there affordable housing near 50009?
Yes — this page also lists 96 income-restricted buildings in ZIP codes near Altoona, IA 50009 (within about 9 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Altoona, IA 50009?
Most income-restricted buildings in Altoona, IA 50009 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 Altoona, IA 50009?
For many programs in Altoona, IA 50009, 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 long is the waiting list for Section 8 in Altoona, IA 50009?
There is no single waiting list for Altoona, IA 50009. Public housing, project-based Section 8, and tax-credit buildings each keep their own list. Housing Choice Voucher lists at the housing authority open only sometimes and can stay closed for years. This directory does not show which lists are open — call the number on each card. Some public housing cards show HUD's reported wait in months.
What is the difference between Section 8 and public housing in Altoona, IA 50009?
Public housing is owned by a housing authority — you apply with that agency, not at the building. Project-based Section 8 is a HUD contract on a private building; the subsidy stays with the apartment. A Housing Choice Voucher is different: you apply with the housing authority and can use it at a landlord who takes it. This page lists tax-credit apartments in Altoona, IA 50009. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Altoona, IA 50009?
In public housing and most Section 8 in Altoona, IA 50009, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Altoona, IA 50009 is $1,440 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.
Can I use a Section 8 voucher at affordable apartments in Altoona, IA 50009?
A Housing Choice Voucher is not automatically accepted at every building in Altoona, IA 50009. Project-based Section 8 units already have a subsidy on the apartment — you apply there, not with a tenant voucher. For a voucher, apply with the housing authority, then ask each landlord. Estimate your share with the Section 8 calculator.
Is there senior affordable housing in Altoona, IA 50009?
Yes — this directory flags senior (often 62+) buildings in Altoona, IA 50009. Use the Seniors filter on the list. Age rules vary; call to confirm.
Nearby ZIP codes
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.
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