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Affordable apartments in Marshalltown, Iowa

10 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.

1 section 2021 section 88 lihtc

Buildings

ODD FELLOWS APARTMENTS

Section 202
206 Nicholas Dr, Marshalltown, IA, 50158
Income-restricted units
65 of 65
Year placed in service
Not reported

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

ODD FELLOWS APARTMENTS

Section 8
206 Nicholas Dr, Marshalltown, IA, 50158
Income-restricted units
65 of 65
Year placed in service
Not reported

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

THE TALLCORN

LIHTC
2 N 2ND AVE, MARSHALLTOWN, IA, 50158
Income-restricted units
45 of 49
Year placed in service
2014
Bedroom mix
42 1BR · 7 2BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

CRESTVIEW OF MARSHALLTOWN

LIHTC
202 N SECOND AVE, MARSHALLTOWN, IA, 50158
Income-restricted units
40 of 40
Year placed in service
1994

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

WESTOWN APTS

LIHTC
122 W MAIN ST, MARSHALLTOWN, IA, 50158
Income-restricted units
36 of 36
Year placed in service
2005
Bedroom mix
24 1BR · 12 2BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

MARSHALLTOWN SUNDANCE APTS

LIHTC
1711 S SEVENTH AVE, MARSHALLTOWN, IA, 50158
Income-restricted units
32 of 32
Year placed in service
1999
Bedroom mix
24 2BR · 8 3BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

HILLCREST APTS

LIHTC
208 GLENDA DR, MARSHALLTOWN, IA, 50158
Income-restricted units
32 of 32
Year placed in service
1995
Bedroom mix
24 2BR · 8 3BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

MARSHALLTOWN SENIOR RESIDENCES

LIHTC
201 E MAIN ST, MARSHALLTOWN, IA, 50158
Income-restricted units
28 of 28
Year placed in service
2014
Bedroom mix
7 1BR · 21 2BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

RIVER BIRCH ETO

LIHTC
1601 MARION ST, MARSHALLTOWN, IA, 50158
Income-restricted units
20 of 20
Year placed in service
2003
Bedroom mix
16 3BR · 4 4+BR

Estimated total housing cost: $832 rent + $117 utilities = $949/mo

Contact property management for current availability. Waitlists may apply.

RIVER OAKS

LIHTC
1509 MARION ST, MARSHALLTOWN, IA, 50158
Income-restricted units
Not reported of 28
Year placed in service
8888

Estimated total housing cost: $832 rent + $117 utilities = $949/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 Marshalltown, IA

Metro-level
BedroomsLocal FMRNational median
Studio$707n/a
1 bedroom$790n/a
2 bedroom$832$1,502
3 bedroom$1,082n/a
4 bedroom$1,248n/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 : Marshall County, IA

FY2025. Area median income: $94,800.

Household size30% AMI50% AMI80% AMI
1 person$19,950$33,200$53,100
2 people$22,800$37,950$60,700
3 people$26,650$42,700$68,300
4 people$32,150$47,400$75,850
5 people$37,650$51,200$81,950
6 people$43,150$55,000$88,000
7 people$48,650$58,800$94,100
8 people$54,150$62,600$100,150

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