StayRentalsStayRentals

Affordable apartments in Boone, Iowa

8 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

7 lihtc1 section 8

Buildings

BOONE SUNDANCE APTS

LIHTC
1305 S LINN ST, BOONE, IA, 50036
Income-restricted units
40 of 40
Year placed in service
1999
Bedroom mix
32 2BR · 8 3BR

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

PINNACLE APARTMENTS

Section 8
312 2nd Street, Boone, IA, 50036
Income-restricted units
34 of 72
Year placed in service
Not reported

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

LINDEN APTS

LIHTC
1111 PKWY DR, BOONE, IA, 50036
Income-restricted units
25 of 25
Year placed in service
2004
Bedroom mix
20 1BR · 3 3BR · 2 4+BR

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

CEDAR MANOR APTS II

LIHTC
2003 CEDAR ST, BOONE, IA, 50036
Income-restricted units
24 of 24
Year placed in service
2009
Bedroom mix
24 1BR

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

BOONE PARK APTS

LIHTC
1127 S LINN ST, BOONE, IA, 50036
Income-restricted units
24 of 24
Year placed in service
1988

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

CANDLERIDGE APTS OF BOONE

LIHTC
1012 PKWY DR, BOONE, IA, 50036
Income-restricted units
23 of 23
Year placed in service
1988

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

CEDAR MANOR APTS

LIHTC
2003 CEDAR ST, BOONE, IA, 50036
Income-restricted units
Not reported of 24
Year placed in service
8888

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

PINNACLE OF BOONE

LIHTC
308 SECOND ST, BOONE, IA, 50036
Income-restricted units
Not reported of 72
Year placed in service
8888

Estimated total housing cost: $837 rent + $117 utilities = $954/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Iowa

Residential electricity in Iowa runs about 13.85¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $15.27/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Boone, IA

Metro-level
BedroomsLocal FMRNational median
Studio$711n/a
1 bedroom$795n/a
2 bedroom$837$1,502
3 bedroom$1,088n/a
4 bedroom$1,256n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Boone County, IA

Ames, IA. FY2025. Area median income: $108,800.

Household size30% AMI50% AMI80% AMI
1 person$22,900$38,100$60,950
2 people$26,150$43,550$69,650
3 people$29,400$49,000$78,350
4 people$32,650$54,400$87,050
5 people$37,650$58,800$94,050
6 people$43,150$63,150$101,000
7 people$48,650$67,500$107,950
8 people$54,150$71,850$114,950

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Iowa cities

See all affordable-rental cities in Iowa

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Boone cost-of-living and Fair Market Rent overview