Low Income Apartments and Affordable Housing For Rent in Grand View, ID

Discover affordable housing in Grand View where there are 2+ 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.

Riverbend Court IV

1150 Riverside Ave, Grand View, Idaho 83624

Grand View Senior Housing

150 Iowa St, Grand View, Idaho 83624

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 Grand View, Idaho
$26.29/hour
$19.04 (+263%) more than Idaho minimum wage and $19.04 (+263%) more than the Federal minimum wage.
Learn More About Grand View, Idaho Affordable Housing ↓

What HUD offices serve Grand View, 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 Grand View, Idaho.

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

How many renters live in Grand View, Idaho?

The City of Grand View has 485 people living in 206 households.

There are 171 renters living in 96 renter households in this City. Renters make up 35.26 percent of the population living in Grand View.

What is the rental market like in Grand View, Idaho?

There are an estimated 233 housing units in the Grand View area. Of these, 96 units are rental homes, making up 41 percent of the housing market. For every renter household in Grand View, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Grand View?

The rental vacancy rate in Grand View is 0 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 Grand View for each bedroom size?

Occupied Rental Units by Size in Grand View
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
10 26 47 13 0
Occupied Rental Units by Size in Grand View

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

Among renter households in this market, 13 percent have housing cost burden. Further, 7 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 Grand View

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $993 to $2,298. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $993
One BR $1,139
Two BR $1,388
Three BR $1,956
Four BR $2,298
2024 Fair Market Rents in Grand View, Idaho

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

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 10 100 percent
One BR 26 100 percent
Two BR 29 62 percent
Rental Units Below FMR in Grand View, Idaho

How many affordable rental units are in Grand View?

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

Federal Program Unit Count
Low Income Housing Tax Credit 8
USDA Section 515 Rural Rental Housing 14
Tracked Units by Federal Program in Grand View, Idaho

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

Income Based Apartments in Grand View, Idaho

Grand View features 14 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 Grand View, Idaho

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

Housing Choice Vouchers in Grand View, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Grand View, Idaho for a two-bedroom apartment is between $1,249 and $1,527.

Sourced from federal housing data and AffordableHousingOnline.com research.