. Low Income Apartments For Rent in Rathdrum, Idaho - Affordable Housing Online

Pine Wood Village

7032 W Heritage St
Rathdrum, Idaho
Subsidized
Rent Assisted
Senior
Supportive
S. 515 Rural
RDRA

Timber Cove

8131 W Montana St
Rathdrum, Idaho
Rent Assisted
LIHTC

Treehouse

14462 N Treehouse Ct
Rathdrum, Idaho
Rent Assisted
LIHTC

Park Wood Place

15760 N Westwood Dr
Rathdrum, Idaho
Rent Assisted
LIHTC

Park Wood Place II

15855 N Meyer Rd
Rathdrum, Idaho
Rent Assisted
LIHTC
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There are 130 low-income apartments in Rathdrum that offer reduced rents to eligible households.

Rental assistance programs support 16 low-income homes in Rathdrum where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $345 towards rent each month.

Affordable rent data for some communities last confirmed on January 3rd, 2023. Subdsidized rents typically change once a year based on federal guidance.

Rathdrum, Idaho Affordable Housing Data

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 $1,105 and $1,351.

2023 Rathdrum, 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
Rathdrum, Idaho Fair Market Rent $838 $1,007 $1,228 $1,745 $2,092
Rathdrum, Idaho Payment Standard Range $754 to $922 $906 to $1,108 $1,105 to $1,351 $1,571 to $1,920 $1,883 to $2,301

Sourced from federal housing data and AffordableHousingOnline.com research.

Rathdrum, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 5
Total Low Income Apartments 146
Total Housing Units with Rental Assistance 16
Percentage of Housing Units Occupied By Renters 29.31%
Average Renter Household Size 3.04
Average Household Size 2.72
Median Household Income $39,821 ±$8,535
Median Rent $924 ±$100
Percentage Of Renters Overburdened 68.99% ± 15.07pp
Total Population 7,174

Population and Household Demographics

Rathdrum is a city in Kootenai County, Idaho with a population of 7,174. There are 2,641 households in the city with an average household size of 2.72 persons. 29.31% of households in Rathdrum are renters.

Income and Rent Overburden in Rathdrum

The median gross income for households in Rathdrum is $39,821 a year, or $3,318 a month. The median rent for the city is $924 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Rathdrum, a household making less than $3,080 a month would be considered overburdened when renting an apartment at or above the median rent. 68.99% of households who rent are overburdened in Rathdrum.

Area Median Income In Rathdrum

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 Rathdrum, the AMI is calculated from all households within Kootenai County.

In Rathdrum, HUD calculates the Area Median Income for a family of four as $93,900

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 Rathdrum

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 Rathdrum

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 Rathdrum AMI may qualify for rental assistance programs that target Extremely Low Income households.
$16,450 $19,720 $24,860 $30,000 $35,140 $40,280 $45,420 $50,560
50% AMI Income Limits
Renters earning up to 50% of the Rathdrum AMI may qualify for rental assistance programs that target Very Low Income households.
$27,450 $31,400 $35,300 $39,200 $42,350 $45,500 $48,650 $51,750
80% AMI Income Limits
Renters earning up to 80% of the Rathdrum AMI may qualify for rental assistance programs that target Low Income households.
$43,900 $50,200 $56,450 $62,700 $67,750 $72,750 $77,750 $82,800