About This Property
The Way Home offers 24 low-income units in Cedar Rapids designed for families, with 16 two-bedroom and 8 three-bedroom apartments. The property has been in service since 2007 and is owned and operated by a non-profit organization.
Waitlist Information
Waitlist managed by Cedar Rapids Housing Services
No specific waiting list information found for a Public Housing program administered by Cedar Rapids Housing Services.
The waiting list was last open for one day on October 14, 2019. Eligibility requires meeting HUD and PHA family definitions, income limits, citizenship or eligible immigrant status, providing social security numbers, and consenting to information use. Reasonable accommodation requests for disabilities can be made by contacting the office.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Linn 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 | $638 |
| 1 Bedroom | $716 |
| 2 Bedroom | $941 |
| 3 Bedroom | $1,326 |
| 4 Bedroom | $1,597 |
Income Limits - Linn County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $18,800
- Very Low (50%)
- $31,300
- Low (80%)
- $50,050
- Extremely Low (30%)
- $21,450
- Very Low (50%)
- $35,800
- Low (80%)
- $57,200
- Extremely Low (30%)
- $24,150
- Very Low (50%)
- $40,250
- Low (80%)
- $64,350
- Extremely Low (30%)
- $26,800
- Very Low (50%)
- $44,700
- Low (80%)
- $71,500
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $48,300
- Low (80%)
- $77,250
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $51,900
- Low (80%)
- $82,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $55,450
- Low (80%)
- $88,700
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $59,050
- Low (80%)
- $94,400
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $18,800 | $31,300 | $50,050 |
| 2 Persons | $21,450 | $35,800 | $57,200 |
| 3 Persons | $24,150 | $40,250 | $64,350 |
| 4 Persons | $26,800 | $44,700 | $71,500 |
| 5 Persons | $31,040 | $48,300 | $77,250 |
| 6 Persons | $35,580 | $51,900 | $82,950 |
| 7 Persons | $40,120 | $55,450 | $88,700 |
| 8 Persons | $44,660 | $59,050 | $94,400 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Cedar Rapids, IA?+
The Fair Market Rent (FMR) for Linn County, IA is: $638 (Studio), $716 (1BR), $941 (2BR), $1326 (3BR), $1597 (4BR). Actual rent at subsidized properties like The Way Home is typically 30% of household income or less.
What size apartments are available at The Way Home?+
The Way Home offers the following unit types: 16 Two-Bedroom, 8 Three-Bedroom units, for a total of 24 units.
How do I apply for housing at The Way Home?+
The Way Home 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 is the price range for apartments in Cedar Rapids, IA?+
Based on Fair Market Rent for Linn County, the estimated price range is: 2-bedroom: $941, 3-bedroom: $1326. Actual rent at The Way Home may be lower for income-eligible households.
What are the income limits for affordable housing in Linn County, IA?+
For a 4-person household in Linn County, IA, the income limits are: Extremely Low Income (30% AMI): $26,800, Very Low Income (50% AMI): $44,700, Low Income (80% AMI): $71,500. These limits are set by HUD and updated annually.
Is there a waitlist for The Way Home?+
Public Housing waitlist is currently Closed. 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.
Who is eligible to live at The Way Home?+
The Way Home primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
Who manages The Way Home?+
The Way Home is managed by . You can reach them at . Visit their website for more information.
Contact Information
Walk Score
Car-Dependent
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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