GRANT VILLAGE
Section 8- Income-restricted units
- 64 of 64
- Year placed in service
- Not reported
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
Affordable apartments in Mason City, Iowa
13 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.
4 section 88 lihtc1 section 202
Buildings
AUTUMN PARK APARTMENTS ~ MASON CITY
Section 8- Income-restricted units
- 64 of 66
- Year placed in service
- Not reported
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
GRANT VILLAGE
LIHTC- Income-restricted units
- 62 of 64
- Year placed in service
- 2004
- Bedroom mix
- 64 1BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
THE MEADOWS OF MASON CITY
LIHTC- Income-restricted units
- 60 of 60
- Year placed in service
- 1997
- Bedroom mix
- 15 1BR · 30 2BR · 15 3BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
LEGACY MANOR OF MASON CITY
LIHTC- Income-restricted units
- 47 of 48
- Year placed in service
- 2013
- Bedroom mix
- 48 2BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
LEGACY MANOR OF MASON CITY II
LIHTC- Income-restricted units
- 43 of 48
- Year placed in service
- 2016
- Bedroom mix
- 48 2BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
RIVER CITY APTS
LIHTC- Income-restricted units
- 41 of 46
- Year placed in service
- 2003
- Bedroom mix
- 26 1BR · 20 2BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
REGENCY APARTMENTS
Section 8- Income-restricted units
- 40 of 40
- Year placed in service
- Not reported
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
PILGRIM PLACE
Section 8- Income-restricted units
- 34 of 34
- Year placed in service
- Not reported
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
PILGRIM PLACE
Section 202- Income-restricted units
- 34 of 34
- Year placed in service
- Not reported
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
PEBBLE CREEK APTS PHASE II
LIHTC- Income-restricted units
- 32 of 33
- Year placed in service
- 2004
- Bedroom mix
- 1 1BR · 15 2BR · 8 3BR · 8 4+BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
PEBBLE CREEK APTS
LIHTC- Income-restricted units
- 32 of 32
- Year placed in service
- 1999
- Bedroom mix
- 17 2BR · 14 3BR · 1 4+BR
Estimated total housing cost: $841 rent + $117 utilities = $958/mo
Contact property management for current availability. Waitlists may apply.
Showing 12 of 13. Open any pin on the map below for the rest.
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 Mason City, IA
Metro-level| Bedrooms | Local FMR | National median |
|---|---|---|
| Studio | $715 | n/a |
| 1 bedroom | $799 | n/a |
| 2 bedroom | $841 | $1,502 |
| 3 bedroom | $1,093 | n/a |
| 4 bedroom | $1,262 | n/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 : Cerro Gordo County, IA
FY2025. Area median income: $94,300.
| Household size | 30% AMI | 50% AMI | 80% AMI |
|---|---|---|---|
| 1 person | $19,850 | $33,050 | $52,850 |
| 2 people | $22,650 | $37,750 | $60,400 |
| 3 people | $26,650 | $42,450 | $67,950 |
| 4 people | $32,150 | $47,150 | $75,450 |
| 5 people | $37,650 | $50,950 | $81,500 |
| 6 people | $43,150 | $54,700 | $87,550 |
| 7 people | $48,650 | $58,500 | $93,600 |
| 8 people | $54,150 | $62,250 | $99,600 |
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
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: Mason City cost-of-living and Fair Market Rent overview