Affordable Housing In Bonneville County
19 Low Income Apartment Communities In Bonneville County
Guide To Affordable Housing in Bonneville County, Idaho
There are 19 low income housing apartment communities offering 978 affordable apartments for rent in Bonneville County, Idaho.
Income Based Apartments in Bonneville County, Idaho
Bonneville County features 264 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 Bonneville County, Idaho
There are 714 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Bonneville County.
Housing Choice Vouchers in Bonneville County, Idaho
On average, Section 8 Housing Choice vouchers pay Bonneville County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Bonneville County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Bonneville County, Idaho for a two-bedroom apartment is between $713 and $871.
2020 Bonneville 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|
|Fair Market Rent||$522||$645||$792||$1,143||$1,364|
|Payment Standard Range||$470 to $574||$581 to $710||$713 to $871||$1,029 to $1,257||$1,228 to $1,500|
Sourced from federal housing data and AffordableHousingOnline.com research.
Bonneville County, ID Affordable Housing Snapshot
|Total Affordable Apartment Properties||19|
|Total Low Income Apartments||978|
|Total Housing Units with Rental Assistance||264|
|Percentage of Housing Units Occupied By Renters||28.44%|
|Average Renter Household Size||2.63|
|Average Household Size||2.90|
|Median Household Income||$50,762 ±$1,206|
|Median Rent||$720 ±$19|
|Percentage Of Renters Overburdened||46.76% ± 4.07pp|
Population and Household Demographics
Bonneville County is a county in Idaho with a population of 107,788. There are 36,686 households in the county with an average household size of 2.90 persons. 28.44% of households in Bonneville County are renters.
Income and Rent Overburden in Bonneville County
The median gross income for households in Bonneville County is $50,762 a year, or $4,230 a month. The median rent for the county is $720 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Bonneville County, a household making less than $2,400 a month would be considered overburdened when renting an apartment at or above the median rent. 46.76% of households who rent are overburdened in Bonneville County.
Area Median Income In Bonneville 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 Bonneville County, HUD calculates the Area Median Income for a family of four as $70,500
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 Bonneville 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 Bonneville County
|Income||1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% of Median||$14,850||$17,240||$21,720||$26,200||$30,680||$35,160||$39,640||$44,120|
|50% of Median||$24,700||$28,200||$31,750||$35,250||$38,100||$40,900||$43,750||$46,550|
|80% of Median||$39,500||$45,150||$50,800||$56,400||$60,950||$65,450||$69,950||$74,450|