Low Income Apartments and Affordable Housing For Rent in Twin Falls, ID

Discover affordable housing in Twin Falls where there are 17+ 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.

Gleneagles Apartments

1846 Harrison Street North, Twin Falls, Idaho 83301

Field Stream

1425 Field Stream Way, Twin Falls, Idaho 83301

Carriage Lane Apartments

2510 Whispering Pine Drive, Twin Falls, Idaho 83301

Twin Falls Garden Apartments

340 Lois St, Twin Falls, Idaho 83301

South Meadow Apartments

475 Caswell Ave W, Twin Falls, Idaho 83301

Valley Vista Village

653 Rose St N, Twin Falls, Idaho 83301

Fawnbrook Apartments I

647 Fawnbrook Avenue, Twin Falls, Idaho 83301

Masqueray Lofts

137 7th Ave E., Twin Falls, Idaho 83301

Timberlake Village

156 Meadowview Ln, Twin Falls, Idaho 83301

Washington Park Apartments

1354 Washington St S, Twin Falls, Idaho 83301

Cherrywood Apartments

2026 Elizabeth Blvd, Twin Falls, Idaho 83301

Devon Senior Apartments

1338 N. College Rd., Twin Falls, Idaho 83301

Colonia De Colores

406 Gardner, Twin Falls, Idaho


277 Maurice St, Twin Falls, Idaho 83301

( Chdo ) Mhi - Willswood

Harrison and Filer, Twin Falls, Idaho 83301

Sccaa Transitional Housing Acq Rehab

726 Shoshone St W, Twin Falls, Idaho 83301

C.O.R.E. Transitional Housing

243 Shoup Ave W, Twin Falls, Idaho 83301

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Twin Falls, Idaho
$12.81 (+177%) more than Idaho minimum wage and $12.81 (+177%) more than the Federal minimum wage.
Learn More About Twin Falls, Idaho Affordable Housing ↓

What HUD offices serve Twin Falls, Idaho?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Public Housing programs for Twin Falls, Idaho.

Go to the Idaho Public Housing and Low-Income Apartments Waiting Lists page for openings near Twin Falls.

How many renters live in Twin Falls, Idaho?

The City of Twin Falls has 52,315 people living in 19,897 households.

There are 16,646 renters living in 7,368 renter households in this City. Renters make up 31.82 percent of the population living in Twin Falls.

What is the rental market like in Twin Falls, Idaho?

There are an estimated 20,704 housing units in the Twin Falls area. Of these, 7,729 units are rental homes, making up 37 percent of the housing market. For every renter household in Twin Falls, Idaho, there are 1 rental units.

What is the vacancy rate for rentals in Twin Falls?

The rental vacancy rate in Twin Falls is 4 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 Twin Falls for each bedroom size?

Occupied Rental Units by Size in Twin Falls
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
557 1,449 3,208 1,401 619
Occupied Rental Units by Size in Twin Falls

A large number of apartments in Twin Falls 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 Twin Falls are overburdened by housing costs?

Among renter households in this market, 50 percent have housing cost burden. Further, 20 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 Twin Falls

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $718 to $1,797. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $718
One BR $806
Two BR $1,059
Three BR $1,492
Four BR $1,797
2024 Fair Market Rents in Twin Falls, Idaho

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

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
Studio 383 69 percent
One BR 966 67 percent
Two BR 2,207 69 percent
Rental Units Below FMR in Twin Falls, Idaho

How many affordable rental units are in Twin Falls?

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

Federal Program Unit Count
Low Income Housing Tax Credit 501
Public Housing 196
Section 8 Project-Based Rental Assistance 141
USDA Section 515 Rural Rental Housing 80
Tracked Units by Federal Program in Twin Falls, Idaho

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

Income Based Apartments in Twin Falls, Idaho

Twin Falls features 442 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 Twin Falls, Idaho

There are 420 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Twin Falls.

Housing Choice Vouchers in Twin Falls, Idaho

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

The maximum amount a voucher would pay on behalf of a low-income tenant in Twin Falls, Idaho for a two-bedroom apartment is between $953 and $1,165.

Sourced from federal housing data and AffordableHousingOnline.com research.