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.
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 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.