Northwest Iowa Regional Housing Authority

2016 Highway Blvd, Spencer, IA, 51301 · ~1,086 units under management

Call 7122627460

Fair Market Rent by unit size — Spencer, IA (2026)

Figures shown are Fair Market Rent for the county this agency primarily serves — the agency's actual payment standard (typically 90–110% of FMR) may differ. Confirm directly with the agency. Full county data: Clay County

Who this agency serves

Northwest Iowa Regional Housing Authority served 870 households across 1,086 units (80% occupied) as of HUD's 2025 Picture of Subsidized Households data. The typical assisted household here has an average of 1.6 people, an average annual income of $16,514, and pays an average of $393 per month toward rent.

Households served
870 of 1,086 units
Avg. household income
$16,514
Avg. rent paid by household
$393
Avg. household size
1.6 people
Households with children
22%
Head of household 62+
41%
Head of household with a disability
66%
Avg. wait to move in
5 months

Unit mix: 37% 1-bedroom, 39% 2-bedroom, 24% 3-bedroom.

Source: HUD's Picture of Subsidized Households, 2025— figures reflect this agency's most recent reporting period across all HUD programs it administers, not just Housing Choice Vouchers.

For Renters

Income-restricted housing in Spencer, IA

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.

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 →

Applying with this agency

Application processes and waiting-list status vary by agency — contact Northwest Iowa Regional Housing Authority directly using the info above, or read our general guide to how to apply and how waiting lists work.

Evaluating this market

Landlords and investors: see becoming a Section 8 landlord and how to read this market's numbers.