
About This Property
Spaulding Lofts offers 77 units in Grinnell, Iowa, including 57 designated low-income units designed for families. The property provides a mix of 41 one-bedroom and 36 two-bedroom apartments and has been in service since 2016.
Waitlist Information
Waitlist managed by Grinnell Low Rent Housing Authority
Serves qualifying low-income families, the elderly, and persons with disabilities, managing 60 subsidized units; eligibility is based on income, family size, and other factors.
Assists very low-income families, the elderly, and the disabled to afford housing in the private market, administering 166-170 Housing Choice Vouchers; eligibility is based on income, family size, and other factors.
Waitlist data provided by section8waitlist.org
Updated May 8, 2026
Property Details
Fair Market Rent - Poweshiek 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 | $661 |
| 1 Bedroom | $806 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,201 |
| 4 Bedroom | $1,205 |
Income Limits - Poweshiek County, IA
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $15,850
- Very Low (50%)
- $26,400
- Low (80%)
- $42,250
- Extremely Low (30%)
- $18,100
- Very Low (50%)
- $30,200
- Low (80%)
- $48,250
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $33,950
- Low (80%)
- $54,300
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $37,700
- Low (80%)
- $60,300
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $40,750
- Low (80%)
- $65,150
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $43,750
- Low (80%)
- $69,950
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $46,750
- Low (80%)
- $74,800
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $49,800
- Low (80%)
- $79,600
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $15,850 | $26,400 | $42,250 |
| 2 Persons | $18,100 | $30,200 | $48,250 |
| 3 Persons | $21,960 | $33,950 | $54,300 |
| 4 Persons | $26,500 | $37,700 | $60,300 |
| 5 Persons | $31,040 | $40,750 | $65,150 |
| 6 Persons | $35,580 | $43,750 | $69,950 |
| 7 Persons | $40,120 | $46,750 | $74,800 |
| 8 Persons | $44,660 | $49,800 | $79,600 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Grinnell, IA?+
The Fair Market Rent (FMR) for Poweshiek County, IA is: $661 (Studio), $806 (1BR), $905 (2BR), $1201 (3BR), $1205 (4BR). Actual rent at subsidized properties like Spaulding Lofts is typically 30% of household income or less.
What size apartments are available at Spaulding Lofts?+
Spaulding Lofts offers the following unit types: 41 One-Bedroom, 36 Two-Bedroom units, for a total of 77 units.
Is there a waitlist for Spaulding Lofts?+
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 Spaulding Lofts?+
Spaulding Lofts 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 is eligible to live at Spaulding Lofts?+
Spaulding Lofts primarily serves families. All applicants must also meet income eligibility requirements for the area. Contact the property for specific eligibility criteria.
What are the income limits for affordable housing in Poweshiek County, IA?+
For a 4-person household in Poweshiek County, IA, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $37,700, Low Income (80% AMI): $60,300. These limits are set by HUD and updated annually.
Who manages Spaulding Lofts?+
Spaulding Lofts is managed by . You can reach them at . Visit their website for more information.
What is the price range for apartments in Grinnell, IA?+
Based on Fair Market Rent for Poweshiek County, the estimated price range is: 1-bedroom: $806, 2-bedroom: $905. Actual rent at Spaulding Lofts may be lower for income-eligible households.
Contact Information
Walk Score
Very Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
