Low-Income Apartments in Spencer, Iowa
5 Communities
194 Low-Income Units
These Spencer apartment communities were built under the Low-Income Housing Tax Credit program and reserve units for lower-income renters at restricted rents. Contact each property directly to apply. Rents and availability change; the property can confirm current income limits.
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5 Tax-Credit Communities in Spencer
| Community | Address | Low-Income Units | Total Units | Year |
|---|---|---|---|---|
| Fairway Estates | 100 12Th St Sw, 51301 | 24 | 24 | 2001 |
| Northwest Apts | 511 E 19Th St, 51301 | 36 | 36 | 1987 |
| Old Spencer School | 104 E Fourth St, 51301 | 16 | 16 | 2009 |
| Southern Pointe | 902 13Th St Sw, 51301 | 27 | 30 | 2017 |
| Sunset Apartments | 118 East 21St Street, 51301 | 91 | 91 | 2019 |
Spencer Low-Income Apartment FAQs
HUD's LIHTC database lists 5 tax-credit apartment communities in Spencer, together offering about 194 income-restricted units out of 197 total units.
Apply directly to the property - there is no central waiting list for tax-credit apartments. Income limits are typically around 60% of the area median income; check your household's eligibility with our income eligibility guide, and contact the community for current availability and rents.
Often yes - most LIHTC properties accept Housing Choice Vouchers, which lowers your out-of-pocket rent further. See Iowa Section 8 waiting lists to apply for a voucher.
Related Resources
Source: HUD Low-Income Housing Tax Credit (LIHTC) property database · huduser.gov