Affordable & Low-Income Housing in Nora Springs, IA 50458
No income-restricted buildings are listed in 50458 — here are the closest ones.
No income-restricted buildings are listed in Nora Springs, IA 50458. 14 income-restricted buildings are listed nearby (within about 10 miles). These lists don't show openings — call to ask about vacancies and waiting lists.
Closest to 50458
The Meadows of Mason City
1600 Tenth St SE, Mason City, IA 50401
8 mi away
60 units · 1–3 BR · People with disabilities
Pilgrim Place
741 S Illinois Ave, Mason City, IA 50401
8.1 mi away
34 units · Studio–1 BR · People with disabilities
19 N Ohio Ave
19 N Ohio Ave, Mason City, IA 50401
8.3 mi away
1 unit
- Affordability period may have ended — call to confirm
River City Apts
15 N Pennsylvania Ave, Mason City, IA 50401
9.4 mi away
46 units · 41 income-restricted · 1–2 BR · People with disabilities
Three Links Apartments
1033 19th St SW, Mason City, IA 50401
10.4 mi away
31 units · 30 income-restricted · 1 BR
Autumn Park Apartments ~ Mason City
710 S Pierce Ave, Mason City, IA 50401
10.6 mi away
64 units · 1 BR · People with disabilities
Pebble Creek Apts
150 S Grover Ave, Mason City, IA 50401
11.2 mi away
32 units · 2–4+ BR · People with disabilities
Pebble Creek Apts Phase II
190 S Grover Ave, Mason City, IA 50401
11.2 mi away
33 units · 32 income-restricted · 1–4+ BR
Westside Manor
2401 South Taft Avenue, Mason City, IA 50401
11.7 mi away
72 units · 35 income-restricted
Legacy Manor of Mason City II
3300 9th St SW, Mason City, IA 50401
11.9 mi away
48 units · 43 income-restricted · 2 BR
Legacy Manor of Mason City
3310 Ninth St SW, Mason City, IA 50401
11.9 mi away
48 units · 47 income-restricted · 2 BR
No nearby buildings match this filter.
Rents and income limits in 50458
- Fair market rent, 2 bedrooms
- $1,000/mo
- Income needed to pay it at 30% of income
- $40,000/yr
- Renters in 50458 paying 30% or more of income on rent
- 30%
Income limits (2026)
Floyd County, IA area · median family income $96,100. Your household's yearly income before taxes must be at or below the limit.
| People | Extremely low 30% | Very low 50% | Low 80% |
|---|---|---|---|
| 1 | $20,200 | $33,650 | $53,850 |
| 2 | $23,100 | $38,450 | $61,550 |
| 3 | $27,320 | $43,250 | $69,250 |
| 4 | $33,000 | $48,050 | $76,900 |
| 5 | $38,680 | $51,900 | $83,100 |
| 6 | $44,360 | $55,750 | $89,250 |
| 7 | $50,040 | $59,600 | $95,400 |
| 8 | $55,720 | $63,450 | $101,550 |
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 | 50458 | Wider area |
|---|---|---|
| Studio | $750 | $688 |
| 1 bedroom | $780 | $709 |
| 2 bedrooms | $1,000 | $927 |
| 3 bedrooms | $1,240 | $1,136 |
| 4 bedrooms | $1,490 | $1,359 |
Wider area = Floyd County, IA. Two-bedroom fair market rents in 5 nearby ZIPs range from $950 (50401) to $1,110 (50471).
Census figures for 50458 (2020–2024 average): median rent $770. Median household income $99,643. 14% of homes are rented. 30% 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 50458's fair market rent.
Estimate your Section 8 rent share for 50458Frequently Asked Questions
Is there Section 8 housing in Nora Springs, IA 50458?
Yes — this directory lists income-restricted buildings in Nora Springs, IA 50458, 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 Nora Springs, IA 50458 have openings?
These lists for Nora Springs, IA 50458 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 Nora Springs, IA 50458?
Use the phone number on each building card in Nora Springs, IA 50458. 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 Nora Springs, IA 50458?
In Nora Springs, IA 50458, 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 50458?
No income-restricted buildings are listed in ZIP 50458 right now. 14 nearby buildings are shown on this page. Call to confirm openings.
Is there affordable housing near 50458?
Yes — this page also lists 14 income-restricted buildings in ZIP codes near Nora Springs, IA 50458 (within about 10 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Nora Springs, IA 50458?
Most income-restricted buildings in Nora Springs, IA 50458 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 $33,650, and $48,050 for a 4-person household. Public housing can go up to 80% ($53,850 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 Nora Springs, IA 50458?
For many programs in Nora Springs, IA 50458, the 2026 HUD very low-income (50%) limit is $33,650 a year for 1 person and $48,050 for 4 people. The low-income (80%) limit is $53,850 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 Nora Springs, IA 50458?
There is no single waiting list for Nora Springs, IA 50458. 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 Nora Springs, IA 50458?
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. Estimate voucher rent share with the Section 8 calculator.
How much rent do you pay for low-income housing in Nora Springs, IA 50458?
In public housing and most Section 8 in Nora Springs, IA 50458, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Nora Springs, IA 50458 is $1,000 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 Nora Springs, IA 50458?
A Housing Choice Voucher is not automatically accepted at every building in Nora Springs, IA 50458. 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 Nora Springs, IA 50458?
This page may still list buildings in Nora Springs, IA 50458 that accept seniors without being senior-only. Use the filters and call to ask about age set-asides.
Nearby ZIP codes
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.
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