How many renters live in Minidoka County, Idaho?
The County of Minidoka County has people living in households.
There are renters living in renter households in this County. Renters make up 26.2 percent of the population living in Minidoka County.
What is the rental market like in Minidoka County, Idaho?
There are an estimated housing units in the Minidoka County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Minidoka County, Idaho, there are 1.09 rental units.
What is the vacancy rate for rentals in Minidoka County?
The rental vacancy rate in Minidoka County 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 Minidoka County for each bedroom size?
Occupied Rental Units by Size in Minidoka County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 84 | 340 | 800 | 726 | 129 |
Occupied Rental Units by Size in Minidoka County
A large number of apartments in Minidoka 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 Minidoka County
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 Minidoka County, Idaho
How many units are rented at Fair Market Rent (FMR) in Minidoka 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 | 26 | 31 percent |
| One BR | 246 | 72 percent |
| Two BR | 543 | 68 percent |
Rental Units Below FMR in Minidoka County, Idaho
How many affordable rental units are in Minidoka County?
There are a variety of federal affordable housing programs serving households in Minidoka County, Idaho including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing | |
| USDA Section 514 Farm Labor Housing |
Tracked Units by Federal Program in Minidoka County, Idaho
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Minidoka County, Idaho
Minidoka County features 182 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 Minidoka County, Idaho
There are 29 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Minidoka County.
Housing Choice Vouchers in Minidoka County, Idaho
On average, Section 8 Housing Choice vouchers pay Minidoka County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Minidoka County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Minidoka County, Idaho for a two-bedroom apartment is between $828 and $1,012.
Sourced from federal housing data and AffordableHousingOnline.com research.