How many renters live in Kootenai County, Idaho?
The County of Kootenai County has people living in households.
There are renters living in renter households in this County. Renters make up 26.06 percent of the population living in Kootenai County.
What is the rental market like in Kootenai County, Idaho?
There are an estimated housing units in the Kootenai County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Kootenai County, Idaho, there are 1.05 rental units.
What is the vacancy rate for rentals in Kootenai County?
The rental vacancy rate in Kootenai County is 5 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 Kootenai County for each bedroom size?
Occupied Rental Units by Size in Kootenai County
Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
---|---|---|---|---|
843 | 3,583 | 6,513 | 7,340 | 2,122 |
Occupied Rental Units by Size in Kootenai County
A large number of apartments in Kootenai County 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 Kootenai County
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 Kootenai County, Idaho
How many units are rented at Fair Market Rent (FMR) in Kootenai County?
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 | 171 | 20 percent |
One BR | 2,040 | 57 percent |
Two BR | 2,940 | 45 percent |
Rental Units Below FMR in Kootenai County, Idaho
How many affordable rental units are in Kootenai County?
There are a variety of federal affordable housing programs serving households in Kootenai County, Idaho including the following:
Federal Program | Unit Count |
Low Income Housing Tax Credit | |
Section 8 Project-Based Rental Assistance | |
Section 202 Supportive Housing for the Elderly | |
Section 811 Supportive Housing for Persons with Disabilities | |
USDA Section 515 Rural Rental Housing |
Tracked Units by Federal Program in Kootenai County, Idaho
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Kootenai County, Idaho
Kootenai County features 725 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 Kootenai County, Idaho
There are 1,854 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Kootenai County.
Housing Choice Vouchers in Kootenai County, Idaho
On average, Section 8 Housing Choice vouchers pay Kootenai County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Kootenai County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Kootenai County, Idaho for a two-bedroom apartment is between $1,132 and $1,384.
Sourced from federal housing data and AffordableHousingOnline.com research.