How many renters live in Hayden, Idaho?
The City of Hayden has 15,703 people living in 6,115 households.
There are 2,559 renters living in 1,201 renter households in this City. Renters make up 16.3 percent of the population living in Hayden.
What is the rental market like in Hayden, Idaho?
There are an estimated 6,303 housing units in the Hayden area. Of these, 1,201 units are rental homes, making up 19 percent of the housing market. For every renter household in Hayden, Idaho, there are 1 rental units.
What is the vacancy rate for rentals in Hayden?
The rental vacancy rate in Hayden 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 Hayden for each bedroom size?
Occupied Rental Units by Size in Hayden
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 39 | 90 | 485 | 554 | 22 |
Occupied Rental Units by Size in Hayden
A large number of apartments in Hayden 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 Hayden are overburdened by housing costs?
Among renter households in this market, 52 percent have housing cost burden. Further, 23 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 Hayden
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $853 to $2,135. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $853 |
| One BR | $1,042 |
| Two BR | $1,258 |
| Three BR | $1,773 |
| Four BR | $2,135 |
2024 Fair Market Rents in Hayden, Idaho
How many units are rented at Fair Market Rent (FMR) in Hayden?
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 | 90 | 100 percent |
| Two BR | 255 | 53 percent |
Rental Units Below FMR in Hayden, Idaho
How many affordable rental units are in Hayden?
There are a variety of federal affordable housing programs serving households in Hayden, Idaho including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | 97 |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Hayden, Idaho
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Hayden, Idaho
Hayden features 60 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 Hayden, Idaho
There are 75 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Hayden.
Housing Choice Vouchers in Hayden, Idaho
On average, Section 8 Housing Choice vouchers pay Hayden landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Hayden.
The maximum amount a voucher would pay on behalf of a low-income tenant in Hayden, Idaho for a two-bedroom apartment is between $1,132 and $1,384.
Sourced from federal housing data and AffordableHousingOnline.com research.
