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

Discover affordable housing in Caribou 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.

Alsace Village

341 S 1st E , Soda Springs, Idaho 83276

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible

Fountain Terrace Apartments

351 S 1st W, Soda Springs, Idaho 83276

payment Subsidized

Soda Springs Vista

451 N 7th E, Soda Springs, Idaho 83276

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
accessibility Accessible

Elm Court Apt

162 North 100 West, Grace, Idaho

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Caribou County, 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.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Caribou County, Idaho
$9.89 (+136%) more than Idaho minimum wage and $9.89 (+136%) more than the Federal minimum wage.
Learn More About Caribou County, Idaho Affordable Housing ↓

How many renters live in Caribou County, Idaho?

The County of Caribou County has people living in households.

There are renters living in renter households in this County. Renters make up 16.73 percent of the population living in Caribou County.

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

There are an estimated housing units in the Caribou County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Caribou County, Idaho, there are 1.05 rental units.

What is the vacancy rate for rentals in Caribou County?

The rental vacancy rate in Caribou County is 4 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 Caribou County for each bedroom size?

Occupied Rental Units by Size in Caribou County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
36 74 174 167 96
Occupied Rental Units by Size in Caribou County

A large number of apartments in Caribou County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Caribou County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $665 to $1,500. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $665
One BR $689
Two BR $905
Three BR $1,275
Four BR $1,500
2024 Fair Market Rents in Caribou County, Idaho

How many units are rented at Fair Market Rent (FMR) in Caribou 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 52 70 percent
Two BR 147 84 percent
Rental Units Below FMR in Caribou County, Idaho

How many affordable rental units are in Caribou County?

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

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

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

Income Based Apartments in Caribou County, Idaho

Caribou County features 62 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 Caribou County, Idaho

There are 36 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Caribou County.

Housing Choice Vouchers in Caribou County, Idaho

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.