About This Property
The Meadows of Mason City comprises 60 low-income units serving families and disabled residents in Mason City, Iowa. The property features a mix of 15 one-bedroom, 30 two-bedroom, and 15 three-bedroom units and has been in service since 1997. The development utilizes 9% Low-Income Housing Tax Credits to support its affordable housing mission.
Waitlist Information
Waitlist managed by North Iowa Regional Housing Authority
Applicants can be placed on waiting lists for multiple public housing developments, with exceptions for age or bedroom availability. The wait time depends on the chosen development, family size, and availability.
The wait for Section 8 assistance is estimated to be over 2 years for applicants with the Residency Preference, and several years for applicants with no preferences. The agency has not received sufficient funding to assist the maximum number of families.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Cerro Gordo County, IA
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $649 |
| 1 Bedroom | $677 |
| 2 Bedroom | $889 |
| 3 Bedroom | $1,145 |
| 4 Bedroom | $1,323 |
Income Limits - Cerro Gordo County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,500
- Very Low (50%)
- $25,800
- Low (80%)
- $41,300
- Extremely Low (30%)
- $17,700
- Very Low (50%)
- $29,500
- Low (80%)
- $47,200
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,200
- Low (80%)
- $53,100
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,850
- Low (80%)
- $58,950
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,800
- Low (80%)
- $63,700
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,750
- Low (80%)
- $68,400
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,700
- Low (80%)
- $73,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,650
- Low (80%)
- $77,850
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,500 | $25,800 | $41,300 |
| 2 Persons | $17,700 | $29,500 | $47,200 |
| 3 Persons | $21,960 | $33,200 | $53,100 |
| 4 Persons | $26,500 | $36,850 | $58,950 |
| 5 Persons | $31,040 | $39,800 | $63,700 |
| 6 Persons | $35,580 | $42,750 | $68,400 |
| 7 Persons | $40,120 | $45,700 | $73,100 |
| 8 Persons | $44,660 | $48,650 | $77,850 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Mason City, IA?+
The Fair Market Rent (FMR) for Cerro Gordo County, IA is: $649 (Studio), $677 (1BR), $889 (2BR), $1145 (3BR), $1323 (4BR). Actual rent at subsidized properties like The Meadows of Mason City is typically 30% of household income or less.
What size apartments are available at The Meadows of Mason City?+
The Meadows of Mason City offers the following unit types: 15 One-Bedroom, 30 Two-Bedroom, 15 Three-Bedroom units, for a total of 60 units.
Who is eligible to live at The Meadows of Mason City?+
The Meadows of Mason City primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What is the price range for apartments in Mason City, IA?+
Based on Fair Market Rent for Cerro Gordo County, the estimated price range is: 1-bedroom: $677, 2-bedroom: $889, 3-bedroom: $1145. Actual rent at The Meadows of Mason City may be lower for income-eligible households.
Who manages The Meadows of Mason City?+
The Meadows of Mason City is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for The Meadows of Mason City?+
Public Housing waitlist is currently Open. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
How do I apply for housing at The Meadows of Mason City?+
The Meadows of Mason City is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Cerro Gordo County, IA?+
For a 4-person household in Cerro Gordo County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,850, Low Income (80% AMI): $58,950. These limits are set by HUD and updated annually.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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