Low Income Apartments and Affordable Housing For Rent in Bonner County, ID

Discover affordable housing in Bonner County where there are 20+ 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.

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Bonner County, Idaho
$12.98 (+179%) more than Idaho minimum wage and $12.98 (+179%) more than the Federal minimum wage.
Learn More About Bonner County, Idaho Affordable Housing ↓

How many renters live in Bonner County, Idaho?

The County of Bonner County has 47,976 people living in 19,228 households.

There are 10,542 renters living in 4,184 renter households in this County. Renters make up 21.97 percent of the population living in Bonner County.

What is the rental market like in Bonner County, Idaho?

There are an estimated 26,374 housing units in the Bonner County area. Of these, 4,452 units are rental homes, making up 17 percent of the housing market. For every renter household in Bonner County, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Bonner County?

The rental vacancy rate in Bonner County 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 Bonner County for each bedroom size?

Occupied Rental Units by Size in Bonner County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
299 670 1,340 1,318 338
Occupied Rental Units by Size in Bonner County

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

Among renter households in this market, 39 percent have housing cost burden. Further, 18 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 Bonner County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $825 to $1,812. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $825
One BR $830
Two BR $1,068
Three BR $1,505
Four BR $1,812
2024 Fair Market Rents in Bonner County, Idaho

How many units are rented at Fair Market Rent (FMR) in Bonner 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 172 58 percent
One BR 412 61 percent
Two BR 755 56 percent
Rental Units Below FMR in Bonner County, Idaho

How many affordable rental units are in Bonner County?

There are a variety of federal affordable housing programs serving households in Bonner County, Idaho including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 405
Section 8 Project-Based Rental Assistance 72
USDA Section 515 Rural Rental Housing 252
Tracked Units by Federal Program in Bonner County, Idaho

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

Income Based Apartments in Bonner County, Idaho

Bonner County features 322 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 Bonner County, Idaho

There are 169 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bonner County.

Housing Choice Vouchers in Bonner County, Idaho

On average, Section 8 Housing Choice vouchers pay Bonner County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bonner County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Bonner County, Idaho for a two-bedroom apartment is between $961 and $1,175.

Sourced from federal housing data and AffordableHousingOnline.com research.