How many renters live in Priest River, Idaho?
The City of Priest River has people living in households.
There are renters living in 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 housing units in the Priest River area. Of these, units are rental homes, making up 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 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 |
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.