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Housing market/Iowa/ZIP 51534

ACS 2023 · FY2027 SAFMR

ZIP 51534 Glenwood, Iowa

Omaha-Council Bluffs, NE-IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
9,238
Households
3,469
Median HH income
$89,023
Renter share
16.8%
Median gross rent
$838
Vacancy
8.2%
Pop. change
+0.1%
2BR SAFMR
$1,090
SAFMR / rent
1.301×
2–49 unit stock
557
LIHTC proj / units
1 / 42
HUD assisted MF
2 / 45

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 51534 · IA — sent to you.

ZIP 51534 · IA

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ACS rent vs 2BR SAFMR

ZIP 51534 — Glenwood, IA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$838
2BR SAFMR$1,090
90% floor$981
110% ceiling$1,199

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 51534

  • 1-unit detached3,01679.9%
  • 1-unit attached1052.8%
  • 2–4 units40810.8%
  • 5–49 units1493.9%
  • 50+ units290.8%
  • Mobile701.9%
TypeUnitsShare
1-unit detached3,01679.9%
1-unit attached1052.8%
2 units (duplex)1233.3%
3–4 units2857.5%
5–9 units942.5%
10–19 units220.6%
20–49 units330.9%
50+ units290.8%
Mobile701.9%

2–4 unit share 10.8% · 5–49 unit share 3.9% · combined 2–49 14.7%.

Units by bedrooms

Studio
0
1BR
396
2BR
563
3BR
1,721
4BR
979
5+
118

Rent burden

Rent ≥30% of income35.3%
Rent ≥50% of income21.1%
  • ACS median gross rent $838 (all bedrooms, occupied rentals).
  • Median contract rent $756.
  • Renters paying ≥30% of income 35.3%; ≥50% 21.1%.
  • FY2027 2BR SAFMR $1,090 (1.301× ACS median gross rent).

Population

9,238 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 42 units.
  • HUD project-based assisted MF: 2 properties, 45 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 51534 16.8% of occupied households are renters; vacancy is 8.2%; ACS median gross rent is $838; population increased +0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 408 units in 2–4-unit structures and 149 units in 5–49-unit structures; 1 LIHTC projects totaling 42 units; FY2027 2BR SAFMR is $1,090 versus ACS median gross rent of $838. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Iowa research

ZIP 51534 is a Census / HUD profile for Omaha-Council Bluffs, NE-IA, IA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 51534 — Glenwood, IA HUD Section 8 Payment Standards / SAFMR·Iowa ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
51501Omaha-Council Bluffs, NE-IA HUD Metro FMR Area33.8%$997$1,31051503Omaha-Council Bluffs, NE-IA HUD Metro FMR Area32.0%$964$1,23051510Omaha-Council Bluffs, NE-IA HUD Metro FMR Area15.7%$1,115$1,46051525Omaha-Council Bluffs, NE-IA HUD Metro FMR Area18.4%$696$1,01051526Omaha-Council Bluffs, NE-IA HUD Metro FMR Area9.5%$593$1,23051536Omaha-Council Bluffs, NE-IA HUD Metro FMR Area10.5%$794$1,06051540Omaha-Council Bluffs, NE-IA HUD Metro FMR Area12.5%—$1,16051542Omaha-Council Bluffs, NE-IA HUD Metro FMR Area5.0%—$1,09051546Omaha-Council Bluffs, NE-IA HUD Metro FMR Area19.6%$847$1,09051548Omaha-Council Bluffs, NE-IA HUD Metro FMR Area2.4%—$1,20051550Omaha-Council Bluffs, NE-IA HUD Metro FMR Area9.2%—$1,07051553Omaha-Council Bluffs, NE-IA HUD Metro FMR Area11.1%$700$1,010

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 51534?

ZIP 51534 (Omaha-Council Bluffs, NE-IA HUD Metro FMR Area) has 9,238 residents, 3,469 households, a renter share of 16.8%, median household income of $89,023, and ACS 2023 median gross rent of $838. Vacancy is 8.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 51534?

ACS counts 123 units in 2-unit buildings, 285 in 3–4 unit buildings, 94 in 5–9, 22 in 10–19, and 33 in 20–49. Combined 2–49 unit stock is 557 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 51534?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,090. See the full schedule and 90–110% payment-standard band on the ZIP 51534 — Glenwood, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 51534 is Census / HUD research for Omaha-Council Bluffs, NE-IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.