The Folks Apartments PB Section 8 Mount Pleasant, IA
Profile last updated · Data vintage: HUD FY2025
The Folks Apartments is a Project-Based Section 8 community in Mount Pleasant, IA with 25 units reporting 100% occupancy. Assisted residents pay about $401/month on average.
25
total units
100%
occupancy
$401
avg resident rent
—
reported wait
Resident & program facts (HUD-reported)
| Program(s) | Project-Based Section 8 |
|---|---|
| Address | 308 N Adams St, Mount Pleasant, IA 52641 Map → |
| Average household income | $18,935/yr |
| Average personal income | $18,206/yr |
| People per unit | 1 |
| Moved in within last year | 12% |
| Households below 30% AMI | 60% |
| Households below 50% AMI | 92% |
| One-bedroom share | 100% |
How to apply at The Folks Apartments
Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
- Call or visit the management office at 308 N Adams St, Mount Pleasant; ask if the waitlist is open and request an application.
- Gather ID, Social Security cards, birth certificates, and proof of all income. Applications are always free.
- Claim eligible preferences (homelessness, veteran, local residency) with documentation.
- Respond fast to interview letters; verify rent expectations against your budget (~$401/mo average here).
Other subsidized housing in Mount Pleasant
- Mapleleaf Apartments Corp. PB Section 8
Nearby subsidized housing (within ~10 km)
| Property | Location | Distance |
|---|---|---|
| Englewood Village Apts LIHTC | Mt Pleasant | 1.1 km |
| Chesapeake Apts I LIHTC | Mt Pleasant | 1.4 km |
| Chesapeake Apts Ii LIHTC | Mt Pleasant | 1.4 km |
| Mt Pleasant Park Apts LIHTCPB Section 8 | Mt Pleasant | 1.4 km |
← All subsidized housing in Mount Pleasant
Frequently asked questions
What kind of subsidy does The Folks Apartments have?
Project-Based Section 8. Project-Based Section 8: HUD contracts cover the gap between about 30% of your income and the approved rent for this building. Apply at the management office.
How much is rent at The Folks Apartments?
Residents report average rents near $401/month in HUD administrative data. Under most federal programs you pay roughly 30% of adjusted income — your actual amount depends on household income and unit size.
How do I apply at The Folks Apartments?
Contact the management office at 308 N Adams St in Mount Pleasant. Ask whether the waitlist is open, request an application, and claim any preferences you qualify for. There is never a fee to apply for HUD-subsidized housing.