Affordable Housing In Bannock County
Idaho

18 Low Income Apartment Communities In Bannock County

Diamond Court

5315 Diamond Cir
Chubbuck, Idaho
Income Based
2-3 BR
Market Rate

Cedar View Apartments

1155 E Cedar St
Pocatello, Idaho
Income Based
2-3 BR
Market Rate

The Whitman Apartments

122 S Main St
Pocatello, Idaho
Call For Rent
Studio-1 BR

Stockman Terrace

3641 Stockman Rd
Pocatello, Idaho
Subsidized

Independence Homes

409 Willard Ave
Pocatello, Idaho
Subsidized

Hawthorne Terrace

3731 Hawthorne Rd
Pocatello, Idaho
Subsidized

Portneuf Towers

666 W Day St
Pocatello, Idaho
Subsidized

Franklin Heights

747 Franklin Ave
Pocatello, Idaho
Subsidized

Swisher Terrace

1221 Swisher Rd
Pocatello, Idaho
Subsidized

Katsilometes Courts

675
Pocatello, Idaho

Guide To Affordable Housing in Bannock County, Idaho

There are 18 low income housing apartment communities offering 574 affordable apartments for rent in Bannock County, Idaho.

Income Based Apartments in Bannock County, Idaho

Bannock County features 311 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 Bannock County, Idaho

There are 263 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bannock County.

Housing Choice Vouchers in Bannock County, Idaho

On average, Section 8 Housing Choice vouchers pay Bannock County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Bannock County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bannock County, Idaho for a two-bedroom apartment is between $742 and $906.

2022 Bannock County, Idaho Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Bannock County, Idaho Fair Market Rent $547 $626 $824 $1,170 $1,410
Bannock County, Idaho Payment Standard Range $492 to $602 $563 to $689 $742 to $906 $1,053 to $1,287 $1,269 to $1,551

Sourced from federal housing data and AffordableHousingOnline.com research.

Bannock County, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 18
Total Low Income Apartments 574
Total Housing Units with Rental Assistance 311
Percentage of Housing Units Occupied By Renters 33.17%
Average Renter Household Size 2.47
Average Household Size 2.67
Median Household Income $43,779 ±$1,584
Median Rent $636 ±$19
Percentage Of Renters Overburdened 48.02% ± 4.04pp
Total Population 83,604

Population and Household Demographics

Bannock County is a county in Idaho with a population of 83,604. There are 30,394 households in the county with an average household size of 2.67 persons. 33.17% of households in Bannock County are renters.

Income and Rent Overburden in Bannock County

The median gross income for households in Bannock County is $43,779 a year, or $3,648 a month. The median rent for the county is $636 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bannock County, a household making less than $2,120 a month would be considered overburdened when renting an apartment at or above the median rent. 48.02% of households who rent are overburdened in Bannock County.

Area Median Income In Bannock County

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

In Bannock County, HUD calculates the Area Median Income for a family of four as $73,000

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Bannock County

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Bannock County

1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% AMI Income Limits
Renters earning up to 30% of the Bannock County AMI may qualify for rental assistance programs that target Extremely Low Income households.
$15,300 $18,310 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Bannock County AMI may qualify for rental assistance programs that target Very Low Income households.
$25,550 $29,200 $32,850 $36,450 $39,400 $42,300 $45,200 $48,150
80% AMI Income Limits
Renters earning up to 80% of the Bannock County AMI may qualify for rental assistance programs that target Low Income households.
$40,850 $46,650 $52,500 $58,300 $63,000 $67,650 $72,300 $77,000

Cities In Bannock County

Select A City to View its Apartment Communities and Waiting Lists.

City Served By
Arimo
Chubbuck
Downey
Fort Hall
Inkom
Lava Hot Springs
McCammon
Pocatello The HUD funded Public Housing Agency that serves Pocatello is the Housing Authority of the City of Pocatello.
Tyhee