Low Income Apartments and Affordable Housing For Rent in Idaho City, ID

Discover affordable housing in Idaho City 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.

Shadow Mountain Apartments

205 W Wall St, Idaho City, Idaho 83631

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
accessibility Accessible

How To Identify Affordable Housing in Idaho City, Idaho

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
Open Until Further Notice
cloud_download
attach_email
calendar_month

Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Idaho City, 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 Idaho City, Idaho Affordable Housing ↓

What HUD offices serve Idaho City, 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 Idaho City, Idaho.

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

How many renters live in Idaho City, Idaho?

The City of Idaho City has people living in households.

There are renters living in renter households in this City. Renters make up 30.16 percent of the population living in Idaho City.

What is the rental market like in Idaho City, Idaho?

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

What is the vacancy rate for rentals in Idaho City?

The rental vacancy rate in Idaho City 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 Idaho City for each bedroom size?

Occupied Rental Units by Size in Idaho City
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 3 70 26 0
Occupied Rental Units by Size in Idaho City

A large number of apartments in Idaho City have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Idaho City

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 Idaho City, Idaho

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

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 3 100 percent
Two BR 68 97 percent
Rental Units Below FMR in Idaho City, Idaho

How many affordable rental units are in Idaho City?

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

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Tracked Units by Federal Program in Idaho City, Idaho

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

Income Based Apartments in Idaho City, Idaho

Idaho City 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 Idaho City, Idaho

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

Housing Choice Vouchers in Idaho City, Idaho

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

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

Sourced from federal housing data and AffordableHousingOnline.com research.