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

Lincoln Terrace Venture % Joe Olson

501 S. 8th Street
St. Maries, Idaho
Rent Assisted
S. 515 Rural
Showing Results 1-15
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There are 0 low-income apartments in St. Maries that offer reduced rents to eligible households.

Rental assistance programs support 15 low-income homes in St. Maries where households pay rent based on how much they earn. For 2023, elgible households participating in federally assisted housing pay an average of $-4 towards rent each month.

Affordable rent data for some communities last confirmed on April 23rd, 2021. Subdsidized rents typically change once a year based on federal guidance.

St. Maries, Idaho Affordable Housing Data

Income Based Apartments in St. Maries, Idaho

St. Maries features 15 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 St. Maries, Idaho

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

Housing Choice Vouchers in St. Maries, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in St. Maries, Idaho for a two-bedroom apartment is between $857 and $1,047.

2023 St. Maries, 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
St. Maries, Idaho Fair Market Rent $637 $723 $952 $1,276 $1,447
St. Maries, Idaho Payment Standard Range $573 to $701 $651 to $795 $857 to $1,047 $1,148 to $1,404 $1,302 to $1,592

Sourced from federal housing data and AffordableHousingOnline.com research.

St. Maries, ID Affordable Housing Snapshot

Total Affordable Apartment Properties 1
Total Low Income Apartments 15
Total Housing Units with Rental Assistance 15
Percentage of Housing Units Occupied By Renters 39.25%
Average Renter Household Size 2.31
Average Household Size 2.21
Median Household Income $35,125 ±$4,903
Median Rent $602 ±$121
Percentage Of Renters Overburdened 36.51% ± 9.85pp
Total Population 2,208

Population and Household Demographics

St. Maries is a city in Benewah County, Idaho with a population of 2,208. There are 963 households in the city with an average household size of 2.21 persons. 39.25% of households in St. Maries are renters.

Income and Rent Overburden in St. Maries

The median gross income for households in St. Maries is $35,125 a year, or $2,927 a month. The median rent for the city is $602 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In St. Maries, a household making less than $2,007 a month would be considered overburdened when renting an apartment at or above the median rent. 36.51% of households who rent are overburdened in St. Maries.

Area Median Income In St. Maries

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 St. Maries, the AMI is calculated from all households within Benewah County.

In St. Maries, HUD calculates the Area Median Income for a family of four as $66,200

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 St. Maries

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 St. Maries

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30% AMI Income Limits
Renters earning up to 30% of the St. Maries AMI may qualify for rental assistance programs that target Extremely Low Income households.
$14,800 $19,720 $24,860 $30,000 $35,140 $40,280 $43,650 $46,500
50% AMI Income Limits
Renters earning up to 50% of the St. Maries AMI may qualify for rental assistance programs that target Very Low Income households.
$24,650 $28,200 $31,700 $35,200 $38,050 $40,850 $43,650 $46,500
80% AMI Income Limits
Renters earning up to 80% of the St. Maries AMI may qualify for rental assistance programs that target Low Income households.
$39,450 $45,050 $50,700 $56,300 $60,850 $65,350 $69,850 $74,350