How many renters live in Orofino, Idaho?
The City of Orofino has 3,251 people living in 1,015 households.
There are 731 renters living in 287 renter households in this City. Renters make up 22.49 percent of the population living in Orofino.
What is the rental market like in Orofino, Idaho?
There are an estimated 1,226 housing units in the Orofino area. Of these, 326 units are rental homes, making up 27 percent of the housing market. For every renter household in Orofino, Idaho, there are 1 rental units.
What is the vacancy rate for rentals in Orofino?
The rental vacancy rate in Orofino is 10 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 Orofino for each bedroom size?
Occupied Rental Units by Size in Orofino
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 17 | 48 | 145 | 67 | 10 |
Occupied Rental Units by Size in Orofino
A large number of apartments in Orofino have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.
How many renter households in Orofino are overburdened by housing costs?
Among renter households in this market, 47 percent have housing cost burden. Further, 26 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.
The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.
How Much Is Rent in Orofino
Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $726 to $1,678. FMRs are updated annually by HUD for every city and county nationwide.
| Bed Size | 2024 Fair Market Rents |
| Studio | $726 |
| One BR | $753 |
| Two BR | $989 |
| Three BR | $1,389 |
| Four BR | $1,678 |
2024 Fair Market Rents in Orofino, Idaho
How many units are rented at Fair Market Rent (FMR) in Orofino?
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 | 7 | 41 percent |
| One BR | 27 | 56 percent |
| Two BR | 94 | 65 percent |
Rental Units Below FMR in Orofino, Idaho
How many affordable rental units are in Orofino?
There are a variety of federal affordable housing programs serving households in Orofino, Idaho including the following:
| Federal Program | Unit Count |
| USDA Section 515 Rural Rental Housing | 24 |
Tracked Units by Federal Program in Orofino, Idaho
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Orofino, Idaho
Orofino features 24 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 Orofino, Idaho
There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Orofino.
Housing Choice Vouchers in Orofino, Idaho
On average, Section 8 Housing Choice vouchers pay Orofino landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Orofino.
The maximum amount a voucher would pay on behalf of a low-income tenant in Orofino, Idaho for a two-bedroom apartment is between $890 and $1,088.
Sourced from federal housing data and AffordableHousingOnline.com research.
