Wapello County, IA
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $793/mo | $714 – $872/mo |
| 1 BR | $814/mo | $733 – $895/mo |
| 2 BR | $1,068/mo | $961 – $1,175/mo |
| 3 BR | $1,354/mo | $1,219 – $1,489/mo |
| 4 BR | $1,468/mo | $1,321 – $1,615/mo |
Fair Market Rent by unit size — Wapello County, IA (FY 2026)
Source: HUD FY 2026 data for Wapello County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authorities serving Wapello County
This county is served by 2 housing authorities. Each may have its own waiting list, payment standards, and application requirements.
- Ottumwa Housing Authority
935 W Main St, Ottumwa, IA, 52501 · 6416828369
- Area XV Multi-County Housing Agency
417 N College St, Agency, IA, 52530 · 6419375222
Am I eligible?
To qualify for a Housing Choice Voucher in Wapello County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $32,950 |
| 2 people | $37,650 |
| 3 people | $42,350 |
| 4 people | $47,050 |
| 5 people | $50,850 |
| 6 people | $54,600 |
| 7 people | $58,350 |
| 8 people | $62,150 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Wapello County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
WASHINGTON APARTMENTS
539 W 4TH ST, OTTUMWA, IA, 52501-255346 income-restricted units of 52 total11 1BR, 24 2BR, 17 3BRBuilt 20194% LIHTCCompliance through ~2049EMERALD HILL APTS
1600 STELLER AVE, OTTUMWA, IA, 5250135 income-restricted units of 36 total9 1BR, 18 2BR, 9 3BRBuilt 20064% LIHTCCompliance through ~2036PRAIRIE TOWNHOMES
910 LOCUST ST, OTTUMWA, IA, 5250119 income-restricted units2 1BR, 11 2BR, 3 3BR, 3 4BR+Built 20054% LIHTCCompliance through ~2035OAK TERRACE
561 OTTUMWA ST, OTTUMWA, IA, 5250112 income-restricted units10 3BR, 2 4BR+Built 20044% LIHTCCompliance through ~2034
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Wapello County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
Run the numbers →