How many low income apartments are in Waverly, IA?

HUD administrative data tracks 6 subsidized properties in Waverly with approximately 217 assisted units across project-based Section 8, public housing, LIHTC and §202/§811 programs.

What is the average rent in subsidized housing in Waverly?

Tenant-paid rents in Waverly's assisted buildings typically range from about $350 to $414 monthly, depending on program and bedroom size. Voucher holders generally pay close to 30% of their own income instead.

How do I apply for Section 8 in Waverly?

Two routes: (1) apply directly to each subsidized building — they manage their own waitlists; (2) join your regional housing authority's Housing Choice Voucher waitlist when open. Our step-by-step guide walks through documents and timing.

What rent will a Section 8 voucher cover in Waverly?

Payment standards track HUD's FY2026 Fair Market Rent for Bremer County: about $745/mo for one-bedroom and $978/mo for two-bedroom units (gross rent incl. utilities). You pay roughly 30% of income toward the remainder.

Low Income & Subsidized Housing in Waverly, IA

There are 6 subsidized and income-restricted properties in Waverly with roughly 217 assisted units — including 3 project-based Section 8 buildings, 0 public housing developments, and 4 LIHTC tax-credit communities, according to HUD administrative data. Reported tenant-paid rents across these buildings range from about $350 to $414 per month.

assisted properties

217

subsidized units

$382

typical rent

—

median wait

Map of subsidized housing in Waverly

Complete directory of subsidized housing in Waverly

Property	Units	Avg rent	Reported wait
Rolling Meadows Apts LIHTC	54	—	—
Waverly Manor PB Section 8	54	$414	—
Waverly Homes-section 8 PB Section 8	47	$350	—
Waverly Historic Lofts LIHTC	34	—	—
Lantern Park Apts LIHTC	16	—	—
Community Based Services Se Housing Proj LIHTCPB Section 8	12	—	—

Section 8 apartments in Waverly (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
Waverly Manor PB Section 8	54	$414	—
Waverly Homes-section 8 PB Section 8	47	$350	—
Community Based Services Se Housing Proj LIHTCPB Section 8	12	—	—

LIHTC & affordable tax-credit apartments in Waverly

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
Rolling Meadows Apts LIHTC	54	—	—
Waverly Historic Lofts LIHTC	34	—	—
Lantern Park Apts LIHTC	16	—	—

Voucher rent limits: Bremer County Fair Market Rents

Housing Choice Voucher payment standards in this area derive from HUD's FY2026 Fair Market Rents for Bremer County: studio $674, 1-BR $745, 2-BR $978, 3-BR $1,290, 4-BR $1,295.

Full FMR table for Bremer County →

How to apply for subsidized housing in Waverly

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

Data: HUD Picture of Subsidized Households & LIHTC database (2024 vintage). Figures are administrative averages — confirm current availability with each property.