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

Discover affordable housing in Genesee 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.

Hillcrest Apartments

146 E Persimmon St, Genesee, Idaho 83832

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Genesee, Idaho
$17.92/hour
$10.67 (+147%) more than Idaho minimum wage and $10.67 (+147%) more than the Federal minimum wage.
Learn More About Genesee, Idaho Affordable Housing ↓

How many renters live in Genesee, Idaho?

The City of Genesee has 1,209 people living in 471 households.

There are 118 renters living in 37 renter households in this City. Renters make up 9.76 percent of the population living in Genesee.

What is the rental market like in Genesee, Idaho?

There are an estimated 492 housing units in the Genesee area. Of these, 42 units are rental homes, making up 9 percent of the housing market. For every renter household in Genesee, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Genesee?

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

Occupied Rental Units by Size in Genesee
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 3 17 12 5
Occupied Rental Units by Size in Genesee

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

Among renter households in this market, 35 percent have housing cost burden. Further, 22 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 Genesee

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $703 to $1,605. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $703
One BR $763
Two BR $946
Three BR $1,333
Four BR $1,605
2024 Fair Market Rents in Genesee, Idaho

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

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 0 100 percent
Two BR 13 76 percent
Rental Units Below FMR in Genesee, Idaho

How many affordable rental units are in Genesee?

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

Federal Program Unit Count
USDA Section 515 Rural Rental Housing 8
Tracked Units by Federal Program in Genesee, Idaho

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

Income Based Apartments in Genesee, Idaho

Genesee features 8 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 Genesee, Idaho

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

Housing Choice Vouchers in Genesee, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Genesee, Idaho for a two-bedroom apartment is between $851 and $1,041.

Sourced from federal housing data and AffordableHousingOnline.com research.