The Iowana Apartments for Seniors
Creston, IA - 50801

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The Iowana Apartments for Seniors

203 W Montgomery Street
Creston, IA - 50801
(877) 635-6971


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Median apartment rental rate in this zip code: $594
Population in zip code: 9,383
Media age of those living in this zip code: 39.8
Media household income of those living in this zip code: $46,356
Average home value in this zip code: $104,401


The Iowana is an affordable housing community, with rental assistance provided by the USDA. Residents pay 30% of the gross monthly household income, and the USDA subsidy pays the balance of the rent. Water, sewer, and trash are paid by the landlord, and the resident is provided with a utility allowance, or a standard rent deduction, to offset the cost of the electricity. Additional deductions may be available for dependent care expenses, as well as out-of-pocket medical expenses, based on eligibility.

The Iowana is a spacious community with beautiful one- and two-bedroom apartments in Creston, IA . The property is perfectly placed just a block from Fareway Grocery. Residents enjoy entertainment at nearby establishments, including bowling at Panther Lanes and recently released movies at the Strand Theater.

*Tenant, co-tenant, or spouse must be 62+ years of age or disabled of any age to qualify.
No office on site. Showings by appointment only.

Most apartments these days have waiting lists. We provide this listing so you can contact them directly at the number provided to see if you can apply and qualify to live here.

If you find this listing is no longer low income, or the phone number is incorrect, please contact us using the online form below.



Tips Before Applying for Low Income Housing
  • 1. Research all of the different low-income housing programs available in your area. There are a variety of federal, state, and local programs that offer low-income housing assistance. Each program has its own eligibility requirements and application process, so it is important to do your research to find the program that is right for you.
  • 2. Get all of your documentation in order: When you apply for low income housing, you will need to provide documentation of your income, assets, and household composition. This documentation may include tax returns, pay stubs, bank statements, and birth certificates.
  • 3. Be careful and accurate on all information provided: Any false or misleading information on your application will most likely result in your disqualification.
  • 4. Waiting Lists: The waiting lists for most, if not all low-income housing programs is long. Do not limit yourself to only apply to one apartment location.

Qualifications: Do you qualify to live here?
To qualify for low income housing in Iowa, you must meet the following income requirements:

Your household income must be below 80% of the area median income (AMI). The AMI is updated annually by the Department of Housing and Urban Development (HUD) and varies by county.

You must have a valid Social Security number or Individual Taxpayer Identification Number (ITIN).

You must be a U.S. citizen or a legal immigrant.

In addition to the income requirements, you may also need to meet other eligibility requirements, such as:

- You must not have been evicted from any public housing or Section 8 housing in the past three years.
- You must not have any outstanding felony convictions for drug-related offenses.
- You must not be a registered sex offender.



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See ALL Creston Low Income Housing Apartments ALL CRESTON Listings


Low Income Apartments Nearby

* Mileage is based as direct lines from geocoded point to point (as the crow flies). Please check google maps for exact directions and road miles.



Federal Poverty Guidelines for 2023
Persons In Family Household Poverty Guideline
For Households with more than 8 persons, add $4,480 for each additional person.
1 $14,580
2 $19,720
3 $24,860
4 $30,000
5 $35,140
6 $40,280
7 $45,420
8 $50,560

*Alaska and Hawaii have different rates for HUD federal poverty guidelines.
These numbers above represent 100% of the Federal Poverty Rate. In order to get in some apartments the 100% rate changes to things like 200%. In these cases, you will only need to multiply the rate in each category by 2.


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Check to see if you qualify for low cost or free housing by comparing the guidelines to your income records.



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