Low Income Apartments and Affordable Housing For Rent in Big Horn County, WY

Discover affordable housing in Big Horn County where there are 4+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Big Horn Court Syringa Property Mg

912 S 5th St, Basin, Wyoming

Lovell Apartments

223 Montana Ave, Lovell, Wyoming

Valley Homes Syringa Property Mg

925 N 7th St, Greybull, Wyoming

Martin Apartments Syringa Property Mg

156 N. 8th, Basin, Wyoming

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Big Horn County, Wyoming
$17.14/hour
$9.89 (+136%) more than Wyoming minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Big Horn County, Wyoming Affordable Housing ↓

How many renters live in Big Horn County, Wyoming?

The County of Big Horn County has 11,690 people living in 4,262 households.

There are 2,405 renters living in 976 renter households in this County. Renters make up 20.57 percent of the population living in Big Horn County.

What is the rental market like in Big Horn County, Wyoming?

There are an estimated 5,355 housing units in the Big Horn County area. Of these, 1,138 units are rental homes, making up 21 percent of the housing market. For every renter household in Big Horn County, Wyoming, there are 1 rental units.

What is the vacancy rate for rentals in Big Horn County?

The rental vacancy rate in Big Horn County is 12 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Big Horn County for each bedroom size?

Occupied Rental Units by Size in Big Horn County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
4 151 388 317 91
Occupied Rental Units by Size in Big Horn County

A large number of apartments in Big Horn County 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 Big Horn County are overburdened by housing costs?

Among renter households in this market, 25 percent have housing cost burden. Further, 12 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 Big Horn County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $744 to $1,430. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $744
One BR $747
Two BR $905
Three BR $1,133
Four BR $1,430
2024 Fair Market Rents in Big Horn County, Wyoming

How many units are rented at Fair Market Rent (FMR) in Big Horn County?

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 0 100 percent
One BR 96 64 percent
Two BR 204 53 percent
Rental Units Below FMR in Big Horn County, Wyoming

How many affordable rental units are in Big Horn County?

There are a variety of federal affordable housing programs serving households in Big Horn County, Wyoming including the following:

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 63
Tracked Units by Federal Program in Big Horn County, Wyoming

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Big Horn County, Wyoming

Big Horn County features 57 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 Big Horn County, Wyoming

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Big Horn County.

Housing Choice Vouchers in Big Horn County, Wyoming

On average, Section 8 Housing Choice vouchers pay Big Horn County landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Big Horn County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Big Horn County, Wyoming for a two-bedroom apartment is between $815 and $996.

Sourced from federal housing data and AffordableHousingOnline.com research.