Cascade, Idaho Affordable Housing

Affordable Housing programs support 16 income based apartments in Cascade where households pay rent based on how much they earn.

There are 24 affordable apartments in Cascade that offer reduced rents to low-income households.

Waiting Lists in Cascade, Idaho

There is one Section 8 Housing Choice Voucher waiting list open in Cascade.

  • is currently open for new Section 8 applications.

Go to the Idaho Section 8 Waiting Lists page for more openings near Cascade.

Claremont

410 Old State Highway
Cascade, Idaho
Rent Assisted

Cascade Senior Housing

13 E Spring St
Cascade, Idaho
Affordable
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Affordable Housing Near Cascade

View affordable apartments and waiting lists in cities near Cascade

City Apartments
Mccall, ID Affordable Housing programs support 5 apartment communities in Mccall.
Donnelly, ID Affordable Housing programs support 1 apartment communities in Donnelly.

Public Housing Agencies Serving Cascade, 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.

Housing Authority Programs
Southwestern Idaho Cooperative Housing Authority Section 8 Housing Choice Voucher (HCV); Public Housing; Homeownership Voucher; Family Self-Sufficiency
Go to the Idaho Public Housing and Low-Income Apartments Waiting Lists page for openings near Cascade.

Cascade, Idaho Affordable Housing Data

Income Based Apartments in Cascade, Idaho

Cascade features 16 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 Cascade, Idaho

There are 24 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Cascade.

Housing Choice Vouchers in Cascade, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Cascade, Idaho for a two-bedroom apartment is between $842 and $1,029.

2023 Cascade, 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
Cascade, Idaho Fair Market Rent $712 $828 $935 $1,225 $1,586
Cascade, Idaho Payment Standard Range $641 to $783 $745 to $911 $842 to $1,029 $1,103 to $1,348 $1,427 to $1,745

Sourced from federal housing data and AffordableHousingOnline.com research.

Cascade, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 2
Total Low Income Apartments 40
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 32.26%
Average Renter Household Size 5.43
Average Household Size 3.23
Median Household Income $37,500 ±$24,807
Median Rent $901 ±$634
Percentage Of Renters Overburdened 43% ± 30.28pp
Total Population 1,056

Population and Household Demographics

Cascade is a city in Valley County, Idaho with a population of 1,056. There are 310 households in the city with an average household size of 3.23 persons. 32.26% of households in Cascade are renters.

Income and Rent Overburden in Cascade

The median gross income for households in Cascade is $37,500 a year, or $3,125 a month. The median rent for the city is $901 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Cascade, a household making less than $3,003 a month would be considered overburdened when renting an apartment at or above the median rent. 43% of households who rent are overburdened in Cascade.

Area Median Income In Cascade

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.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Cascade, the AMI is calculated from all households within Valley County.

In Cascade, HUD calculates the Area Median Income for a family of four as $85,600

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 Cascade

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 Cascade

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 Cascade AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,450 $18,800 $23,030 $27,750 $32,470 $37,190 $41,910 $46,630
50% AMI Income Limits
Renters earning up to 50% of the Cascade AMI may qualify for rental assistance programs that target Very Low Income households.
$27,400 $31,300 $35,200 $39,100 $42,250 $45,400 $48,500 $51,650
80% AMI Income Limits
Renters earning up to 80% of the Cascade AMI may qualify for rental assistance programs that target Low Income households.
$43,750 $50,000 $56,250 $62,500 $67,500 $72,500 $77,500 $82,500