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

Discover affordable housing in Heyburn 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.

Mountain View East Tomlinson and Assoc

461 14th St, Heyburn, Idaho 83336

Project Hope

730 14th Street, Heyburn, Idaho

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Heyburn, Idaho
$17.42/hour
$10.17 (+140%) more than Idaho minimum wage and $10.17 (+140%) more than the Federal minimum wage.
Learn More About Heyburn, Idaho Affordable Housing ↓

How many renters live in Heyburn, Idaho?

The City of Heyburn has 3,640 people living in 1,285 households.

There are 1,627 renters living in 676 renter households in this City. Renters make up 44.7 percent of the population living in Heyburn.

What is the rental market like in Heyburn, Idaho?

There are an estimated 1,384 housing units in the Heyburn area. Of these, 736 units are rental homes, making up 53 percent of the housing market. For every renter household in Heyburn, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Heyburn?

The rental vacancy rate in Heyburn is 8 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 Heyburn for each bedroom size?

Occupied Rental Units by Size in Heyburn
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 121 262 258 35
Occupied Rental Units by Size in Heyburn

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

Among renter households in this market, 31 percent have housing cost burden. Further, 9 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 Heyburn

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $676 to $1,550. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $676
One BR $782
Two BR $920
Three BR $1,296
Four BR $1,550
2024 Fair Market Rents in Heyburn, Idaho

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

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 105 87 percent
Two BR 183 70 percent
Rental Units Below FMR in Heyburn, Idaho

How many affordable rental units are in Heyburn?

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

Federal Program Unit Count
Low Income Housing Tax Credit 24
USDA Section 515 Rural Rental Housing 24
Tracked Units by Federal Program in Heyburn, Idaho

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

Income Based Apartments in Heyburn, Idaho

Heyburn features 48 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 Heyburn, Idaho

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

Housing Choice Vouchers in Heyburn, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Heyburn, Idaho for a two-bedroom apartment is between $828 and $1,012.

Sourced from federal housing data and AffordableHousingOnline.com research.