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Affordable apartments in Carroll, Iowa

5 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.

5 lihtc

Buildings

MONTEREY POINT

LIHTC
822 MONTEREY DR, CARROLL, IA, 51401
Income-restricted units
24 of 24
Year placed in service
2002
Bedroom mix
24 1BR

Estimated total housing cost: $695 rent + $117 utilities = $812/mo

Contact property management for current availability. Waitlists may apply.

MEADOW WOOD OF CARROLL

LIHTC
1010 WOODLAND DR, CARROLL, IA, 51401
Income-restricted units
24 of 24
Year placed in service
1998
Bedroom mix
1 1BR · 17 2BR · 6 3BR

Estimated total housing cost: $695 rent + $117 utilities = $812/mo

Contact property management for current availability. Waitlists may apply.

MEADOW WOOD OF CARROLL PHASE II

LIHTC
1102 WOODLAND DR, CARROLL, IA, 51401
Income-restricted units
23 of 24
Year placed in service
2000
Bedroom mix
1 1BR · 17 2BR · 6 3BR

Estimated total housing cost: $695 rent + $117 utilities = $812/mo

Contact property management for current availability. Waitlists may apply.

REGENCY VILLA CARROLL

LIHTC
741 GRANADA RD, CARROLL, IA, 51401
Income-restricted units
20 of 20
Year placed in service
1991

Estimated total housing cost: $695 rent + $117 utilities = $812/mo

Contact property management for current availability. Waitlists may apply.

HARBOR CREST

LIHTC
704 E 18TH ST, CARROLL, IA, 51401
Income-restricted units
20 of 20
Year placed in service
1992

Estimated total housing cost: $695 rent + $117 utilities = $812/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.

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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 Carroll, IA

Metro-level
BedroomsLocal FMRNational median
Studio$591n/a
1 bedroom$660n/a
2 bedroom$695$1,502
3 bedroom$904n/a
4 bedroom$1,043n/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 : Carroll County, IA

FY2025. Area median income: $98,800.

Household size30% AMI50% AMI80% AMI
1 person$20,800$34,600$55,350
2 people$23,750$39,550$63,250
3 people$26,700$44,500$71,150
4 people$32,150$49,400$79,050
5 people$37,650$53,400$85,400
6 people$43,150$57,350$91,700
7 people$48,650$61,300$98,050
8 people$54,150$65,250$104,350

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: Carroll cost-of-living and Fair Market Rent overview