Affordable & Low-Income Housing in Emerson, IA 51533
No income-restricted buildings are listed in 51533 — here are the closest ones.
No income-restricted buildings are listed in Emerson, IA 51533. 3 income-restricted buildings are listed nearby (within about 11 miles). These lists don't show openings — call to ask about vacancies and waiting lists.
Closest to 51533
City View Apts
2400 N Eighth St, Red Oak, IA 51566
8.1 mi away
48 units · 1–3 BR · People with disabilities
- Affordability period may have ended — call to confirm
Acorn Acres Phase II
1805 N 8th St, Red Oak, IA 51566
8.2 mi away
48 units · 1 BR
- Apply through Low Rent Housing Agency Of Red Oak
- Residents waited about 5 months to move in (HUD, Oct 2026)
Malvern Village
306 Lincoln Ave Apt 7, Malvern, IA 51551
10.9 mi away
20 units · 1 BR
- Apply through Malvern Low Rent Housing Agency
- Residents waited about 4 months to move in (HUD, Oct 2026)
Hawkeye Apartments
333 N Commercial St, Carson, IA 51525
14 mi away
12 units · 1 BR · People with disabilities
Halland Village
602 Elliott St, Stanton, IA 51573
15 mi away
20 units · 1–2 BR
- Apply through Stanton Housing Commission
Southview Village
604 South Ave Apt 1, Essex, IA 51638
15 mi away
15 units · 1 BR
- Apply through Essex Low Rent Housing Agency
Valley View Villa
204 W Orange St Apt 1, Tabor, IA 51653
18.4 mi away
20 units · 1–2 BR
- Apply through Tabor Low Rent Housing Agency
- Residents waited about 1 month to move in (HUD, Oct 2026)
Oakland Park Apts
405 S Chautauqua Ave, Oakland, IA 51560
18.5 mi away
12 units · 1–2 BR · People with disabilities
Hillside Village ~ Glenwood
258-72 Sievers Road, Glenwood, IA 51534
18.7 mi away
36 units · 26 income-restricted · 1–3 BR
Autumn Park Apartments ~ Shenandoah
201 N Blossom St, Shenandoah, IA 51601
18.8 mi away
55 units · 1 BR · People with disabilities
No nearby buildings match this filter.
Rents and income limits in 51533
- Fair market rent, 2 bedrooms
- $1,310/mo
- Income needed to pay it at 30% of income
- $52,400/yr
- Renters in 51533 paying 30% or more of income on rent
- 13%
Income limits (2026)
Montgomery County, IA area · median family income $86,800. 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 | 51533 | Wider area |
|---|---|---|
| Studio | $1,040 | $688 |
| 1 bedroom | $1,120 | $852 |
| 2 bedrooms | $1,310 | $927 |
| 3 bedrooms | $1,750 | $1,267 |
| 4 bedrooms | $1,970 | $1,378 |
Wider area = Montgomery County, IA. Two-bedroom fair market rents in 4 nearby ZIPs range from $1,010 (51566) to $1,160 (51540).
Census figures for 51533 (2020–2024 average): median rent $1,034. Median household income $68,750. 12% of homes are rented. 13% of renters pay 30% or more of their income on rent, and 3% 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 51533's fair market rent.
Estimate your Section 8 rent share for 51533Frequently Asked Questions
Is there Section 8 housing in Emerson, IA 51533?
Yes — this directory lists income-restricted buildings in Emerson, IA 51533, 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 Emerson, IA 51533 have openings?
These lists for Emerson, IA 51533 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 Emerson, IA 51533?
Use the phone number on each building card in Emerson, IA 51533. 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 Emerson, IA 51533?
In Emerson, IA 51533, 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 51533?
No income-restricted buildings are listed in ZIP 51533 right now. 3 nearby buildings are shown on this page. Call to confirm openings.
Is there affordable housing near 51533?
Yes — this page also lists 3 income-restricted buildings in ZIP codes near Emerson, IA 51533 (within about 11 miles). Pick a nearby ZIP to see every building there.
People Also Ask
How do I qualify for affordable housing in Emerson, IA 51533?
Most income-restricted buildings in Emerson, IA 51533 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 Emerson, IA 51533?
For many programs in Emerson, IA 51533, 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 long is the waiting list for Section 8 in Emerson, IA 51533?
There is no single waiting list for Emerson, IA 51533. 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 Emerson, IA 51533?
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 Emerson, IA 51533?
In public housing and most Section 8 in Emerson, IA 51533, tenants typically pay about 30% of adjusted income. HUD's 2027 fair market rent for a 2-bedroom near Emerson, IA 51533 is $1,310 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 Emerson, IA 51533?
A Housing Choice Voucher is not automatically accepted at every building in Emerson, IA 51533. 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 Emerson, IA 51533?
This page may still list buildings in Emerson, IA 51533 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; 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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