How many renters live in North Bonneville, Washington?
The City of North Bonneville has 1,146 people living in 457 households.
There are 269 renters living in 149 renter households in this City. Renters make up 23.47 percent of the population living in North Bonneville.
What is the rental market like in North Bonneville, Washington?
There are an estimated 505 housing units in the North Bonneville area. Of these, 164 units are rental homes, making up 32 percent of the housing market. For every renter household in North Bonneville, Washington, there are 1 rental units.
What is the vacancy rate for rentals in North Bonneville?
The rental vacancy rate in North Bonneville is 5 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.
How many rental units are in North Bonneville for each bedroom size?
Occupied Rental Units by Size in North Bonneville
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 15 | 36 | 58 | 40 | 0 |
Occupied Rental Units by Size in North Bonneville
A large number of apartments in North Bonneville have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in North Bonneville are overburdened by housing costs?
Among renter households in this market, 44 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in North Bonneville
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,650 to $3,254. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $1,650 |
| One BR | $1,776 |
| Two BR | $2,024 |
| Three BR | $2,809 |
| Four BR | $3,254 |
2024 Fair Market Rents in North Bonneville, Washington
How many units are rented at Fair Market Rent (FMR) in North Bonneville?
Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.
These are the approximate number of units renting below the FMR in this market:
| Unit Size | Count of Units Below FMR | Percentage of Total Units Below FMR |
| Studio | 15 | 100 percent |
| One BR | 36 | 100 percent |
| Two BR | 54 | 93 percent |
Rental Units Below FMR in North Bonneville, Washington
How many affordable rental units are in North Bonneville?
There are a variety of federal affordable housing programs serving households in North Bonneville, Washington including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 23 |
Tracked Units by Federal Program in North Bonneville, Washington
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in North Bonneville, Washington
North Bonneville features 0 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.
Low Rent Apartments in North Bonneville, Washington
There are 25 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in North Bonneville.
Housing Choice Vouchers in North Bonneville, Washington
On average, Section 8 Housing Choice vouchers pay North Bonneville landlords $500 per month towards rent. The average voucher holder contributes $400 towards rent in North Bonneville.
The maximum amount a voucher would pay on behalf of a low-income tenant in North Bonneville, Washington for a two-bedroom apartment is between $1,822 and $2,226.
Sourced from federal housing data and AffordableHousingOnline.com research.
