Affordable Housing In Pocatello
14 Low Income Apartment Communities In Pocatello
Section 8 Vouchers, Apartments, and Waiting Lists in Pocatello, 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.
Households who qualify for these programs may also qualify for Project-Based Section 8, which contributes rental assistance payments directly to private landlords on behalf of low-income tenants. Eligibility for the project-based program is similar to the voucher programs, but waiting list and application policies will vary depending on the landlord.
Public Housing Agencies Serving Pocatello, Idaho
|Housing Authority of the City of Pocatello||Section 8 Housing Choice Voucher (HCV); Public Housing; Moving to Work|
Guide To Affordable Housing in Pocatello, Idaho
There are 14 low income housing apartment communities offering 368 affordable apartments for rent in Pocatello, Idaho.
Income Based Apartments in Pocatello, Idaho
Pocatello features 303 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 Pocatello, Idaho
There are 65 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Pocatello.
Housing Choice Vouchers in Pocatello, Idaho
On average, Section 8 Housing Choice vouchers pay Pocatello landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Pocatello.
The maximum amount a voucher would pay on behalf of a low-income tenant in Pocatello, Idaho for a two-bedroom apartment is between $742 and $906.
2022 Pocatello, Idaho Fair Market Rents and Housing Choice Voucher Payment Standards
Fair Market Rents can be used to better understand the average housing costs of an area. Fair Market Rents are used by HUD to establish payment and rent standards for federal rental assistance programs like the Section 8 Housing Choice Voucher Program.
|Studio||One BR||Two BR||Three BR||Four BR|
|Pocatello, Idaho Fair Market Rent||$547||$626||$824||$1,170||$1,410|
|Pocatello, Idaho Payment Standard Range||$492 to $602||$563 to $689||$742 to $906||$1,053 to $1,287||$1,269 to $1,551|
Sourced from federal housing data and AffordableHousingOnline.com research.
Pocatello, ID Affordable Housing Snapshot
|Total Affordable Apartment Properties||14|
|Total Low Income Apartments||368|
|Total Housing Units with Rental Assistance||303|
|Percentage of Housing Units Occupied By Renters||38.69%|
|Average Renter Household Size||2.42|
|Average Household Size||2.58|
|Median Household Income||$40,269 ±$1,774|
|Median Rent||$616 ±$20|
|Percentage Of Renters Overburdened||48.77% ± 4.7pp|
Population and Household Demographics
Pocatello is a city in Bannock County, Idaho with a population of 54,549. There are 20,428 households in the city with an average household size of 2.58 persons. 38.69% of households in Pocatello are renters.
Income and Rent Overburden in Pocatello
The median gross income for households in Pocatello is $40,269 a year, or $3,356 a month. The median rent for the city is $616 a month.
Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Pocatello, a household making less than $2,053 a month would be considered overburdened when renting an apartment at or above the median rent. 48.77% of households who rent are overburdened in Pocatello.
Area Median Income In Pocatello
Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.
HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Pocatello, the AMI is calculated from all households within Bannock County.
In Pocatello, HUD calculates the Area Median Income for a family of four as $73,000
Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.
Rental Assistance in Pocatello
Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.
Income Qualifications for HUD Rental Assistance in Pocatello
|1 Person||2 Person||3 Person||4 Person||5 Person||6 Person||7 Person||8 Person|
|30% AMI Income Limits
Renters earning up to 30% of the Pocatello AMI may qualify for rental assistance programs that target Extremely Low Income households.
|50% AMI Income Limits
Renters earning up to 50% of the Pocatello AMI may qualify for rental assistance programs that target Very Low Income households.
|80% AMI Income Limits
Renters earning up to 80% of the Pocatello AMI may qualify for rental assistance programs that target Low Income households.