Low Income Apartments and Affordable Housing For Rent in Cambridge, ID

Discover affordable housing in Cambridge where there are 1+ 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.

Cambridge Senior Housing

80 W Mckinley, Cambridge, Idaho 83610

How To Identify Affordable Housing in Cambridge, Idaho

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
Open Until Further Notice

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Cambridge, Idaho
$12.50 (+172%) more than Idaho minimum wage and $12.50 (+172%) more than the Federal minimum wage.
Learn More About Cambridge, Idaho Affordable Housing ↓

What HUD offices serve Cambridge, Idaho?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Cambridge, Idaho.

Go to the Idaho Public Housing and Low-Income Apartments Waiting Lists page for openings near Cambridge.

How many renters live in Cambridge, Idaho?

The City of Cambridge has 326 people living in 123 households.

There are 88 renters living in 38 renter households in this City. Renters make up 26.99 percent of the population living in Cambridge.

What is the rental market like in Cambridge, Idaho?

There are an estimated 153 housing units in the Cambridge area. Of these, 43 units are rental homes, making up 28 percent of the housing market. For every renter household in Cambridge, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Cambridge?

The rental vacancy rate in Cambridge 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 Cambridge for each bedroom size?

Occupied Rental Units by Size in Cambridge
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 10 8 11 9
Occupied Rental Units by Size in Cambridge

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

Among renter households in this market, 37 percent have housing cost burden. Further, 32 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 Cambridge

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $766 to $1,758. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $766
One BR $794
Two BR $1,043
Three BR $1,338
Four BR $1,758
2024 Fair Market Rents in Cambridge, Idaho

How many units are rented at Fair Market Rent (FMR) in Cambridge?

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
One BR 10 100 percent
Two BR 2 25 percent
Rental Units Below FMR in Cambridge, Idaho

How many affordable rental units are in Cambridge?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 4
Tracked Units by Federal Program in Cambridge, Idaho

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

Income Based Apartments in Cambridge, Idaho

Cambridge features 4 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 Cambridge, Idaho

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

Housing Choice Vouchers in Cambridge, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cambridge, Idaho for a two-bedroom apartment is between $939 and $1,147.

Sourced from federal housing data and AffordableHousingOnline.com research.