Low Income Apartments and Affordable Housing For Rent in Rathdrum, ID

Discover affordable housing in Rathdrum where there are 5+ 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.

Pine Wood Village

7032 W Heritage St, Rathdrum, Idaho 83858

Timber Cove

8131 W Montana St , Rathdrum, Idaho 83858

Treehouse

14462 N Treehouse Ct , Rathdrum, Idaho 83858

Park Wood Place

15760 N Westwood Dr, Rathdrum, Idaho 83858

Park Wood Place II

15855 N Meyer Rd, Rathdrum, Idaho 83858

auto_awesome Focus Results:
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
elderly Senior
payment Income Based
accessibility Accessible
accessible_forward Disability

How To Identify Affordable Housing in Rathdrum, Idaho

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Rathdrum, Idaho
$23.83/hour
$16.58 (+229%) more than Idaho minimum wage and $16.58 (+229%) more than the Federal minimum wage.
Learn More About Rathdrum, Idaho Affordable Housing ↓

How many renters live in Rathdrum, Idaho?

The City of Rathdrum has people living in households.

There are renters living in renter households in this City. Renters make up 21.72 percent of the population living in Rathdrum.

What is the rental market like in Rathdrum, Idaho?

There are an estimated housing units in the Rathdrum area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Rathdrum, Idaho, there are 1.07 rental units.

What is the vacancy rate for rentals in Rathdrum?

The rental vacancy rate in Rathdrum is 6 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 Rathdrum for each bedroom size?

Occupied Rental Units by Size in Rathdrum
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
0 0 301 406 0
Occupied Rental Units by Size in Rathdrum

A large number of apartments in Rathdrum 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 Rathdrum

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $853 to $2,135. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $853
One BR $1,042
Two BR $1,258
Three BR $1,773
Four BR $2,135
2024 Fair Market Rents in Rathdrum, Idaho

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

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
Two BR 228 76 percent
Rental Units Below FMR in Rathdrum, Idaho

How many affordable rental units are in Rathdrum?

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

Federal Program Unit Count
Low Income Housing Tax Credit
USDA Section 515 Rural Rental Housing
Tracked Units by Federal Program in Rathdrum, Idaho

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

Income Based Apartments in Rathdrum, Idaho

Rathdrum features 16 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 Rathdrum, Idaho

There are 130 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Rathdrum.

Housing Choice Vouchers in Rathdrum, Idaho

On average, Section 8 Housing Choice vouchers pay Rathdrum landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Rathdrum.

The maximum amount a voucher would pay on behalf of a low-income tenant in Rathdrum, Idaho for a two-bedroom apartment is between $1,132 and $1,384.

Sourced from federal housing data and AffordableHousingOnline.com research.