How many renters live in Twin Falls County, Idaho?
The County of Twin Falls County has people living in households.
There are renters living in renter households in this County. Renters make up 27.86 percent of the population living in Twin Falls County.
What is the rental market like in Twin Falls County, Idaho?
There are an estimated housing units in the Twin Falls County area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Twin Falls County, Idaho, there are 0.99 rental units.
What is the vacancy rate for rentals in Twin Falls County?
The rental vacancy rate in Twin Falls County 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 County for each bedroom size?
Occupied Rental Units by Size in Twin Falls County
| Studio | One-Bedroom | Two-Bedroom | Three-Bedroom | Four+ Bedrooms |
|---|---|---|---|---|
| 631 | 1,689 | 3,954 | 2,659 | 1,002 |
Occupied Rental Units by Size in Twin Falls County
A large number of apartments in Twin Falls County 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 Twin Falls County
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 County, Idaho
How many units are rented at Fair Market Rent (FMR) in Twin Falls County?
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 | 446 | 71 percent |
| One BR | 1,139 | 67 percent |
| Two BR | 2,585 | 65 percent |
Rental Units Below FMR in Twin Falls County, Idaho
How many affordable rental units are in Twin Falls County?
There are a variety of federal affordable housing programs serving households in Twin Falls County, Idaho including the following:
| Federal Program | Unit Count |
| Low Income Housing Tax Credit | |
| Public Housing | |
| Section 8 Project-Based Rental Assistance | |
| USDA Section 515 Rural Rental Housing | |
| USDA Section 514 Farm Labor Housing |
Tracked Units by Federal Program in Twin Falls County, Idaho
Rental units may be funded in part by multiple federal programs.
Income Based Apartments in Twin Falls County, Idaho
Twin Falls County features 586 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 County, Idaho
There are 476 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Twin Falls County.
Housing Choice Vouchers in Twin Falls County, Idaho
On average, Section 8 Housing Choice vouchers pay Twin Falls County landlords $600 per month towards rent. The average voucher holder contributes $300 towards rent in Twin Falls County.
The maximum amount a voucher would pay on behalf of a low-income tenant in Twin Falls County, Idaho for a two-bedroom apartment is between $953 and $1,165.
Sourced from federal housing data and AffordableHousingOnline.com research.