Low Income & Subsidized Housing in Waterloo, IA
There are 27 subsidized and income-restricted properties in Waterloo with roughly 1,498 assisted units — including 18 project-based Section 8 buildings, 1 public housing developments, and 16 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $276 to $518 per month. Median reported wait: about 2 months.
Map of subsidized housing in Waterloo
Complete directory of subsidized housing in Waterloo
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Heritage Apts LIHTCPB Section 8 | 101 | — | — |
| The Preserve at Crossroads LIHTCPB Section 8 | 96 | — | — |
| Russell Lamson LIHTCPB Section 8 | 90 | — | — |
| Cedar River Renewal Llc LIHTC | 85 | — | — |
| Cedar River Tower PB Section 8 | 85 | $355 | — |
| Hotel President LIHTCPB Section 8 | 84 | $276 | — |
| Camelot Apartments PB Section 8 | 81 | $320 | — |
| Crossroads Square PB Section 8 | 80 | $300 | — |
| Mt. Village Ii Apartments PB Section 8 | 80 | $333 | — |
| The Rose of Waterloo LIHTCPB Section 8 | 64 | — | — |
| Legacy Manor of Waterloo LIHTCPB Section 8 | 60 | — | — |
| Liberty Manor LIHTCPB Section 8 | 57 | $412 | — |
| Pineview Apts LIHTC | 54 | — | — |
| Stokes Manor LIHTC | 52 | — | — |
| Renaissance Park Apartments PB Section 8 | 50 | $360 | — |
| Ridgeway Towers Public Housing | 50 | $413 | 2 mo |
| Greenhill Point LIHTC | 47 | — | — |
| Pinnacle Apts of Waterloo LIHTC | 40 | — | — |
| Unity Square LIHTCPB Section 8 | 40 | — | — |
| Greenridge Family Housing PB Section 8 | 32 | $339 | — |
| Ridge Village PB Section 8 | 30 | $304 | — |
| Wc Stokes Estates LIHTC | 28 | — | — |
| Bill's Community Homes PB Section 8 | 26 | $518 | — |
| Epi Housing PB Section 8 | 25 | $326 | — |
| Marsh Place LIHTC | 25 | — | — |
| Roosevelt Senior Residences LIHTC | 21 | — | — |
| Epi Housing PB Section 8 | 15 | — | — |
Section 8 apartments in Waterloo (project-based)
These buildings carry HUD Section 8 contracts attached to the units — apply at each management office rather than through the voucher waitlist. How project-based Section 8 works →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Heritage Apts LIHTCPB Section 8 | 101 | — | — |
| The Preserve at Crossroads LIHTCPB Section 8 | 96 | — | — |
| Russell Lamson LIHTCPB Section 8 | 90 | — | — |
| Cedar River Tower PB Section 8 | 85 | $355 | — |
| Hotel President LIHTCPB Section 8 | 84 | $276 | — |
| Camelot Apartments PB Section 8 | 81 | $320 | — |
| Crossroads Square PB Section 8 | 80 | $300 | — |
| Mt. Village Ii Apartments PB Section 8 | 80 | $333 | — |
| The Rose of Waterloo LIHTCPB Section 8 | 64 | — | — |
| Legacy Manor of Waterloo LIHTCPB Section 8 | 60 | — | — |
| Liberty Manor LIHTCPB Section 8 | 57 | $412 | — |
| Renaissance Park Apartments PB Section 8 | 50 | $360 | — |
| Unity Square LIHTCPB Section 8 | 40 | — | — |
| Greenridge Family Housing PB Section 8 | 32 | $339 | — |
| Ridge Village PB Section 8 | 30 | $304 | — |
Public housing developments in Waterloo
Rents here are set at about 30% of household income and managed by the local housing authority. About the public housing program →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Ridgeway Towers Public Housing | 50 | $413 | 2 mo |
LIHTC & affordable tax-credit apartments in Waterloo
Tax-credit units rent below market rate for households within income bands (often 30–60% of Area Median Income). Understanding LIHTC →
| Property | Units | Avg rent | Reported wait |
|---|---|---|---|
| Cedar River Renewal Llc LIHTC | 85 | — | — |
| Pineview Apts LIHTC | 54 | — | — |
| Stokes Manor LIHTC | 52 | — | — |
| Greenhill Point LIHTC | 47 | — | — |
| Pinnacle Apts of Waterloo LIHTC | 40 | — | — |
| Wc Stokes Estates LIHTC | 28 | — | — |
| Marsh Place LIHTC | 25 | — | — |
| Roosevelt Senior Residences LIHTC | 21 | — | — |
Voucher rent limits: Black Hawk County Fair Market Rents
Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Black Hawk County: studio $725, 1-BR $801, 2-BR $1,051, 3-BR $1,357, 4-BR $1,763.
Full FMR table for Black Hawk County →
How to apply for subsidized housing in Waterloo
- Apply to buildings directly. Project-based Section 8, public housing, §202/§811 and LIHTC properties run their own waitlists — contact each office using the details on its page.
- Join voucher waitlists. Your regional housing authority administers Housing Choice Vouchers; ask about current openings and preferences. Step-by-step application guide →
- Document everything. ID, Social Security cards, birth certificates, and income proof speed up both paths.
- Stay reachable. Update your address everywhere — missed mail is the top reason applicants lose spots.
Nearby cities with low income housing
- Cedar Falls, IA
- Des Moines, IA
- Cedar Rapids, IA
- Davenport, IA
- Sioux City, IA
- Council Bluffs, IA
- West Des Moines, IA
- Dubuque, IA
- Iowa City, IA
- Burlington, IA
- Muscatine, IA
- Ames, IA
Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.