Low Income Apartments and Affordable Housing For Rent in Mountain Home, ID

Discover affordable housing in Mountain Home where there are 7+ 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.

Day Meadows Apartments

455 N Haskett St, Mountain Home, Idaho 83647

bed 1-3
payment Subsidized

Fairway Apartments

1835 East 8th North, Mountain Home, Idaho 83647

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

Escoshio Manor Apartments

595 W 5th St N, #4, Mountain Home, Idaho 83647

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior

Sunset Manor VII

845 N 3rd E, Mountain Home, Idaho 83647

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

Northparke II Apartments

175 E 12th N, Mountain Home, Idaho 83647

switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible

Skyview Terrace

945 W 5th N, Mountain Home, Idaho 83647

switch_access_shortcut Short Wait
accessibility Accessible

Hamilton Court

1100 N 3rd E, Mountain Home, Idaho 83647

switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers

How To Identify Affordable Housing in Mountain Home, 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
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Reported On February 23rd, 2024 by Nathan Brunet

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Mountain Home, Idaho
$19.83/hour
$12.58 (+174%) more than Idaho minimum wage and $12.58 (+174%) more than the Federal minimum wage.
Learn More About Mountain Home, Idaho Affordable Housing ↓

What HUD offices serve Mountain Home, 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 Mountain Home, Idaho.

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

How many renters live in Mountain Home, Idaho?

The City of Mountain Home has people living in households.

There are renters living in renter households in this City. Renters make up 32.42 percent of the population living in Mountain Home.

What is the rental market like in Mountain Home, Idaho?

There are an estimated housing units in the Mountain Home area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Mountain Home, Idaho, there are 1.02 rental units.

What is the vacancy rate for rentals in Mountain Home?

The rental vacancy rate in Mountain Home is 1 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 Mountain Home for each bedroom size?

Occupied Rental Units by Size in Mountain Home
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
63 231 1,303 675 38
Occupied Rental Units by Size in Mountain Home

A large number of apartments in Mountain Home 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 Mountain Home

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $769 to $1,717. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $769
One BR $797
Two BR $1,047
Three BR $1,475
Four BR $1,717
2024 Fair Market Rents in Mountain Home, Idaho

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

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 2 3 percent
One BR 121 52 percent
Two BR 885 68 percent
Rental Units Below FMR in Mountain Home, Idaho

How many affordable rental units are in Mountain Home?

There are a variety of federal affordable housing programs serving households in Mountain Home, 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
Tracked Units by Federal Program in Mountain Home, Idaho

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

Income Based Apartments in Mountain Home, Idaho

Mountain Home features 142 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 Mountain Home, Idaho

There are 100 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Mountain Home.

Housing Choice Vouchers in Mountain Home, Idaho

On average, Section 8 Housing Choice vouchers pay Mountain Home landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Mountain Home.

The maximum amount a voucher would pay on behalf of a low-income tenant in Mountain Home, Idaho for a two-bedroom apartment is between $942 and $1,152.

Sourced from federal housing data and AffordableHousingOnline.com research.