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Affordable Housing In Irwin
Bonneville County, Idaho

Guide To Affordable Housing in Irwin, Idaho

There are 0 low income housing apartment communities offering 0 affordable apartments for rent in Irwin, Idaho.

Income Based Apartments in Irwin, Idaho

Irwin features 0 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 Irwin, Idaho

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

Housing Choice Vouchers in Irwin, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Irwin, Idaho for a two-bedroom apartment is between $713 and $871.

2020 Irwin, Idaho Fair Market Rents and Housing Choice Voucher Payment Standards

Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.

Studio One BR Two BR Three BR Four BR
Fair Market Rent $522 $645 $792 $1,143 $1,364
Payment Standard Range $470 to $574 $581 to $710 $713 to $871 $1,029 to $1,257 $1,228 to $1,500

Sourced from federal housing data and research.

Irwin, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 0
Total Low Income Apartments 0
Total Housing Units with Rental Assistance 0
Percentage of Housing Units Occupied By Renters 20%
Average Renter Household Size 1.91
Average Household Size 2.14
Median Household Income $46,000 ±$20,978
Median Rent $850 ±$585
Percentage Of Renters Overburdened 22.73% ± 90.95pp
Total Population 235

Population and Household Demographics

Irwin is a city in Bonneville County, Idaho with a population of 235. There are 110 households in the city with an average household size of 2.14 persons. 20% of households in Irwin are renters.

Income and Rent Overburden in Irwin

The median gross income for households in Irwin is $46,000 a year, or $3,833 a month. The median rent for the city is $850 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Irwin, a household making less than $2,833 a month would be considered overburdened when renting an apartment at or above the median rent. 22.73% of households who rent are overburdened in Irwin.

Area Median Income In Irwin

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Irwin, the AMI is calculated from all households within Bonneville County.

In Irwin, HUD calculates the Area Median Income for a family of four as $70,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Irwin

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for HUD Rental Assistance in Irwin

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $14,850 $17,240 $21,720 $26,200 $30,680 $35,160 $39,640 $44,120
50% of Median $24,700 $28,200 $31,750 $35,250 $38,100 $40,900 $43,750 $46,550
80% of Median $39,500 $45,150 $50,800 $56,400 $60,950 $65,450 $69,950 $74,450