About This Property
Pheasant Run Apts offers 32 low-income units in Iowa Falls, serving families and individuals with disabilities. The property contains 16 two-bedroom and 16 three-bedroom apartments and has been in service since 2000. The development receives 9% Low-Income Housing Tax Credit financing.
Property Details
Fair Market Rent - Hardin 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 | $630 |
| 1 Bedroom | $656 |
| 2 Bedroom | $862 |
| 3 Bedroom | $1,135 |
| 4 Bedroom | $1,262 |
Income Limits - Hardin County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,450
- Very Low (50%)
- $25,750
- Low (80%)
- $41,200
- Extremely Low (30%)
- $17,650
- Very Low (50%)
- $29,400
- Low (80%)
- $47,050
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,100
- Low (80%)
- $52,950
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $36,750
- Low (80%)
- $58,800
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $39,700
- Low (80%)
- $63,550
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $42,650
- Low (80%)
- $68,250
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $45,600
- Low (80%)
- $72,950
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $48,550
- Low (80%)
- $77,650
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,450 | $25,750 | $41,200 |
| 2 Persons | $17,650 | $29,400 | $47,050 |
| 3 Persons | $21,960 | $33,100 | $52,950 |
| 4 Persons | $26,500 | $36,750 | $58,800 |
| 5 Persons | $31,040 | $39,700 | $63,550 |
| 6 Persons | $35,580 | $42,650 | $68,250 |
| 7 Persons | $40,120 | $45,600 | $72,950 |
| 8 Persons | $44,660 | $48,550 | $77,650 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Iowa Falls, IA?+
The Fair Market Rent (FMR) for Hardin County, IA is: $630 (Studio), $656 (1BR), $862 (2BR), $1135 (3BR), $1262 (4BR). Actual rent at subsidized properties like Pheasant Run Apts is typically 30% of household income or less.
What size apartments are available at Pheasant Run Apts?+
Pheasant Run Apts offers the following unit types: 16 Two-Bedroom, 16 Three-Bedroom units, for a total of 32 units.
What are the income limits for affordable housing in Hardin County, IA?+
For a 4-person household in Hardin County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $36,750, Low Income (80% AMI): $58,800. These limits are set by HUD and updated annually.
Who is eligible to live at Pheasant Run Apts?+
Pheasant Run Apts primarily serves families, persons with disabilities. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
How do I apply for housing at Pheasant Run Apts?+
Pheasant Run Apts 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.
Who manages Pheasant Run Apts?+
Pheasant Run Apts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Iowa Falls, IA?+
Based on Fair Market Rent for Hardin County, the estimated price range is: 2-bedroom: $862, 3-bedroom: $1135. Actual rent at Pheasant Run Apts may be lower for income-eligible households.
Walk Score
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Nearby Schools
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