Low Income Apartments and Affordable Housing For Rent in Priest River, ID

Discover affordable housing in Priest River where there are 3+ 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.

Riverwood Apartments

915 Jackson Ave, Priest River, Idaho 83856

Murray Apartments

1302 Beardmore Ave, Priest River, Idaho 83856

Beardmore East Apartments

303 Harriet St, Priest River, Idaho 83856

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Priest River, Idaho
$20.23/hour
$12.98 (+179%) more than Idaho minimum wage and $12.98 (+179%) more than the Federal minimum wage.
Learn More About Priest River, Idaho Affordable Housing ↓

How many renters live in Priest River, Idaho?

The City of Priest River has 2,170 people living in 880 households.

There are 472 renters living in 215 renter households in this City. Renters make up 21.75 percent of the population living in Priest River.

What is the rental market like in Priest River, Idaho?

There are an estimated 974 housing units in the Priest River area. Of these, 215 units are rental homes, making up 22 percent of the housing market. For every renter household in Priest River, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Priest River?

The rental vacancy rate in Priest River is 0 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 Priest River for each bedroom size?

Occupied Rental Units by Size in Priest River
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 66 116 18 15
Occupied Rental Units by Size in Priest River

A large number of apartments in Priest River 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 Priest River are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 4 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 Priest River

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $825 to $1,812. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $825
One BR $830
Two BR $1,068
Three BR $1,505
Four BR $1,812
2024 Fair Market Rents in Priest River, Idaho

How many units are rented at Fair Market Rent (FMR) in Priest River?

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
One BR 62 94 percent
Two BR 80 69 percent
Rental Units Below FMR in Priest River, Idaho

How many affordable rental units are in Priest River?

There are a variety of federal affordable housing programs serving households in Priest River, Idaho including the following:

Federal Program Unit Count
Section 8 Project-Based Rental Assistance 21
Tracked Units by Federal Program in Priest River, Idaho

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

Income Based Apartments in Priest River, Idaho

Priest River features 39 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 Priest River, Idaho

There are 0 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Priest River.

Housing Choice Vouchers in Priest River, Idaho

On average, Section 8 Housing Choice vouchers pay Priest River landlords $0 per month towards rent. The average voucher holder contributes $0 towards rent in Priest River.

The maximum amount a voucher would pay on behalf of a low-income tenant in Priest River, Idaho for a two-bedroom apartment is between $961 and $1,175.

Sourced from federal housing data and AffordableHousingOnline.com research.